Archive for the ‘Data Centres’ Category
Data Centres Woo the Stock Market
During one of the worst financial periods on record books, data centre providers like Telecity Group are bucking the trends and providing investor comfort. Analysis over the second quarter of the financial year shows that companies that are concentrating their efforts on developing and expanding their cloud computer strategies are seeing a growth in their share value.
Telecity Group is well placed within the marketplace as customer understanding and demand for cloud-based computer systems increases. Over the last year its stock value has increased by 16%, and this sits well alongside its American counterparts such as Time Warner Cable, Terremark and Navasota who have all seen their market value climb over the last 12 months.
There is a greater inclination across all sectors for companies to move away from hosting their own data centres, servers and programme development and to plug into remote, cloud-based systems.
Telecity is increasing its portfolio in this respect and is now working alongside a number of high profile corporations in hosting its data storage and software processes. Those who are working under the Telecity banner include the likes of Walkers Crisps and Facebook, with Transport for London also looking to expand both its current client list, as well as its premises and the services that it offers.
Companies are more able to concentrate on their core business activities and leave the whole process of IT management and development to a third party. They are finding that it is more economical to concentrate on customer expectations and requirement, leaving the non-revenue generating elements of IT communications in someone else’s hands.
The markets continue to realise that in many ways the use of remote servers and storage are what companies are increasingly turning to, to manage their IT systems. This can only be good news for the likes of Telecity whose expansion plans look like bolstering their position as a market leader.