- Data center owners Digital Realty (DLR -4.2%), CoreSite (COR -4%), and (to a lesser extent) DuPont Fabros (DFT -1.1%) have joined Rackspace, Amazon, and Equnix (previous) in selling off after Google officially launched its Compute Engine cloud infrastructure (IaaS) platform (the service was in beta until now), and simultaneously unveiled new features and major price cuts.
- While data center colocation services firms don't directly compete with IaaS providers, they're indirectly affected to the extent customers migrate workloads away from their own servers (hosted within colocation facilities) to IaaS platforms that often leverage data centers built by the service providers themselves.
- However, colocation providers do offer connectivity services for linking client servers with IaaS platforms such as Amazon Web Services.
- Synergy Research recently estimated the traditional Web hosting market only grew 3% Y/Y in Q3, while the IaaS and cloud app platform (PaaS) markets collectively grew 46%.
Data center owners sell off following Google cloud infrastructure launch
From other sites
at CNBC.com (Jan 9, 2015)
at CNBC.com (Nov 3, 2014)
at CNBC.com (Jun 2, 2014)
at CNBC.com (May 5, 2014)
at CNBC.com (May 1, 2014)
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