Industry Analysis & Industry Trends
Industry services, which are provided on a subscription basis, have been in strong demand over the past five years. Greater investment in the outsourcing of application hosting to specialized companies as an alternative to in-house hosting is expected to boost demand for industry services. Industry growth has also been facilitated by the development and rising popularity of new technologies such as cloud computing. The next five years are expected to be largely positive for the industry, as consolidation will motivate businesses to outsource IT needs. Additionally, businesses will continue to embrace new technologies... purchase to read more
Industry Report - Starting a New Business Chapter
The industry's largest players have considerable capital investment, including server farms with incredible processing power. However, thousands of smaller companies perform some form of data processing outsourcing for smaller clients. As such, for those wishing to enter the industry at its bottom end, the barriers do not pose a significant challenge.
The cost of establishing an operation in this industry is high due to the cost for computing and other equipment. For data hosting companies, the leasing of space on other companies' servers may offer a short-term lower initial cost solution to establishing a firm in this industry. Nevertheless, data processing and application service providers have a lower need for capital... purchase to read more