Windstream Opens Data Center

Zacks Investment Research
updated | Zacks.com

Telecommunications services provider Windstream Corporation (NYSE:WIN) has recently announced the opening of a new data center in Little Rocks, Arkansas. The new 30,000-square-foot data center is designed to expand the company’s horizon into the enterprise segment by providing round-the-clock access to cloud-based and dedicated managed services.

Currently, the cloud-based service has been rapidly gaining momentum in corporate communication with global sales from this fast growing sector expected to reach approximately $148 billion by 2014, according to market reports. Additionally, the U.S. remains one the biggest markets globally for providing enterprise-based technological solutions.

As a result, telecom companies are increasingly focusing on building infrastructure so as to tap the growing demand for cloud-based service for business solutions. Therefore, building data center remains a key step for these companies. Windstream remains no exception to this trend, as is evident from its data center build-outs covering major cities like Boston, Charlotte, Philadelphia and Phoenix.

Companies like Teliris, Polycom, Inc. (NASDAQ:PLCM)Verizon Communications Inc. (NYSE:VZ)AT&T Inc. (NYSE:T) and Iformata Communications have already made their presence felt in the cloud computing market, creating significant challenges for Windstream. However, the global presence of cloud-based services is still at a nascent stage and there is enough scope for penetration.

 
POLYCOM INC (PLCM): Free Stock Analysis Report
 

 

 

 
To read this article on Zacks.com click here.
 

You may also like: