The Cloud is Changing Our Business

By Dori Degenhardt, TierPoint

IDC predicts cloud IT infrastructure spending will grow at CAGR of 15.1% from 2014 to 2019, reaching $53.1B billion by 2019.

More organizations are doing business in the cloud than ever before and according to IDC, that trend will continue for some time. The cloud can have a tremendous impact, giving business leaders the power to manage budgets better, reduce capital expenses and create a more agile IT organization.

IDC Market Forecast Image for TierPoint Blog

But the cloud is also having a tremendous impact on IT service providers like TierPoint that offer data center and managed services. Some have chosen to become niche players, focusing on a narrow spectrum of services such as colocation. Others have broadened the scope of their portfolio to offer a wider array of services and insights. As you consider the deployment options available to you, it’s important to understand the way your service provider views the cloud and its impact on their core business.

{Related Post: The Future of Cloud Computing According to TierPoint }

In a recent interview with Schneider Electric, Chief Strategy Officer, Andy Stewart, describes how cloud computing has impacted the business and changed the mix of services provided to TierPoint’s clients.

“In secondary and tertiary markets where TierPoint operates, you really aren’t going to be able to survive and grow if you don’t have that full hybrid suite of IT services. Customers are coming to us for more and more services. We started as their trusted advisor for just colocation, and now it’s moved into those customers wanting us to take them to the cloud and to help them understand what it means to operate in a virtual environment.”  ~ Andy Stewart, Chief Strategy Officer, TierPoint

Watch the full interview and hear more of Andy’s Insights on cloud computing and the future of TierPoint’s business below.