Cross Loader

From a shortlist of three blue chip IT players, European competitive local exchange carrier Colt is expected to announce a global partnership for web hosting, whereby the management of business websites is outsourced in purpose built data centres,by mid May. Of GBP725 million raised by Colt in March, GBP155 million will be invested in projects related to web hosting in the next 14 months, say sources at the company. Dell is thought by analysts to be the most likely partner for Colt as the IT company has fewer links with telecommunications carriers than others IT players. Morgan Stanley Dean Witter estimates that GBP529 million will be generated from web hosting by Colt by 2004 (see table on page seven). Read more…

MOST companies worldwide do not have a website or are not yet able to handle e-business transactions and this is creating a mammoth opportunity for Web hosting.
Analysis and consulting company Ovum says vendors are optimistic that the market will adopt sophisticated, dedicated hosting but most companies are just testing the waters at the low end of the market. Read more…