Managed cloud services provider Rackspace is to be acquired by private equity company Apollo Global Management for $4.3 billion (£3.26bn), it has been announced.
The headlong stampede of enterprise data into the cloud has passed by. Data which was once stored on premise has left the building, the twinkling lights on the tin box in your racks are slowly blinking out.
With the global hybrid cloud market poised to reach $91bn by 2021, it is critical that companies assess whether their cloud strategy meets their evolving storage and recovery needs.
It’s a well-worn theme, yet raises its head again; new research from Claranet and Vanson Bourne argues that European businesses are suffering from a lack of understanding between the IT department and the rest of the organisation.