Industry Analysis & Industry Trends
The Data Processing and Hosting Services industry has become increasingly popular during the past five years, as companies seek to integrate new IT services. In the five years to 2014, revenue is expected to increase, as the demand from internet publishing and private investment in computers and software increases. In the five years to 2019, several factors will boost demand for the industry. The desire for companies to improve operational efficiencies will contribute to continued industry growth and increasing demand for industry services. Over the same period, increases in the cost of providing IT resources internally will persist, making it more cost effective to outsource IT services, thereby boosting revenue... 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