Global data center colocation market is evolving and adding hosting options in response to enterprises looking for ways to improve IT cost efficiency, security and connectivity to the major hyperscalers. Data center colocation provides physical space, power, cooling and connectivity for servers and storage systems that are owned by other businesses. Data center colocation expands the current enterprise data center footprint by providing additional capabilities while maintaining the security and management requirements of the enterprise.
Disaster recovery as a service (DRaaS) market provides for the recovery of enterprise applications at another location in the event of a disaster. The provider can deliver the service as a fully managed, assisted recovery or as a self-service offering. DRaaS is designed to ensure business continuity by providing organizations with a cloud-based solution for recovering critical workloads and data in the event of a disruption, outage or disaster. This service is particularly valuable for organizations that lack the resources, expertise or geographically distanced secondary data centers required for traditional disaster recovery strategies. DRaaS addresses the need for rapid, reliable recovery, enabling organizations to minimize downtime and data loss, and to meet their business continuity objectives.
Gartner defines public cloud IT transformation services (PCITS) as services designed to deliver transformational outcomes via the utilization of cloud-native professional and managed services. It includes migration, modernization, optimization and the building of new, transformational solutions on public hyperscale cloud infrastructure and platform services. Organizations seeking to use public clouds such as Amazon Web Services (AWS), Google Cloud Platform (GCP), Microsoft Azure, Oracle Cloud Infrastructure (OCI) and similar platforms engage with providers in this market to realize the greatest transformational benefits. PCITS transforms client applications, workloads and data to the public cloud to achieve their clients’ business outcomes. It promotes use of cloud-native tools, AI/generative AI (GenAI)/data and analytics (D&A) and manages IT operations in the public cloud. It employs globally consistent cloud management, optimization and modernization to continuously manage reliability, scalability, interoperability and more.