Joe Panettieri| Mspmentor
Is this the first sign that cloud computing market growth is set for a slowdown? Or is slowing growth limited to CenturyLink’s own business execution?
CenturyLink took a $1.1 billion charge to reflect the slower-than-expected data hosting growth. My personal hunch: I wonder if the Savvis cloud buyout from 2011 has hit some integration and growth bumps. I’ve reached out to CenturyLink for comment to see if the data hosting write-down is related to Savvis.
For MSPs seeking to plug into cloud services providers, there’s no cause for panic. Overall I believe CenturyLink and Savvis remain on firm financial ground. Plus, plenty of rivals — such as Artisan Infrastructure, SoftLayer (now an IBM business), Tier 3 and ViaWest increasingly work with VARs and MSPs.
For a more complete list of cloud services providers, check out the Top 100 Cloud Services Providers (CSP) list. But just keep in mind: At some point the massive cloud growth wave will slow down. Overall I think we’re still 18 months to two years from that point…