When a respected analyst house like The Yankee Group suggests that the web hosting market in Western Europe is set to be worth around £5.2bn by 2006, it is little wonder that there are so many companies offering their outsourcing services and promoting their applications. After all, with such a lucrative pot of gold on offer, who would not want to be involved? Web-hosting firms surely have never had it so good.
The reality at the moment, however, is somewhat different. The market has been through considerable turmoil during the past 18 months, with major overcapacity in data centres leading to many of the original companies either going out of business altogether or finding themselves having to go through painful restructuring and reduction in size and ambition.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
