By Michael Maiello, Senior Vice President, Home and Business Networks, Schneider Electric
In today’s fast-paced and digitally-dependent world, companies are always looking to reduce IT operating expenses while also keeping their networks at 100 percent availability. To meet this growing demand for high availability at low cost, IT departments are increasingly turning to cloud applications and co-location strategies for physical IT infrastructure. In fact, Gartner recently forecast an 18.5 percent growth rate for public global cloud services in 2013, worth $131 billion worldwide, with companies poised to spend $677 billion on cloud services worldwide through 2016.*