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Home » Prediction: A Fourth of Today's Cloud-Services Providers Will Disappear in Next Two Years

Prediction: A Fourth of Today's Cloud-Services Providers Will Disappear in Next Two Years

December 23, 2013
CIO

The research firm is predicting a major consolidation in cloud services and estimates that about 25 percent of the top 100 IT service providers in the infrastructure space won't be around by 2015. "One in four vendors will be gone for whatever reason - acquisition, bankruptcy," said William Maurer, a Gartner analyst. Most of the time, he said, the changes will come through acquisition. "There is real risk."

"We're in the phase of buyer beware with cloud," said Michael Salvador, a technical solutions manager at Belden, which makes cable, connectivity and networking products. "You better do your research - there's no safety net out there."

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    KEYWORDS Business Strategy Alignment CIO Cloud Computing Cloud, SaaS & On-Demand Systems Global Supply Chain Management High-Tech/Electronics Industrial Manufacturing SaaS and on-demand systems SC Security & Risk Mgmt Supply Chain Analysis & Consulting supply chain IT Supply Chain Management supply chain management: cloud Supply Chain Risk Management supply chain solutions Technology
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