InterCloud Systems Expects Growth in 2016

By Casey Houser May 17, 2016

InterCloud Systems works with its enterprise clients to bring them cloud-based networking of a traditional and software-defined sort. It recently reported that it has seen an uptick in business as of late – all to the tune of $4.1 million in new contracts for its professional services.

InterCloud said that it expects to begin much of this work immediately. Although it did not specify the companies it will be assisting, it did mention that these new and existing clients will look to these partnerships for an upgrade from their previous networking setups. Mark Munro, the CEO of InterCloud, noted the various types of networking in which it will expect to deploy in the coming months. This includes both wired and wireless setups, such as distributed antenna systems (DASs) and Wi-Fi.

“Our business is robust as next generation Wi-Fi and DAS network deployments are on the rise,” Munro said. “Our managed services group has also seen an increase in new business. We also see new opportunities for software-defined networking (SDN) and network functions virtualization (NFV) on the horizon and expect solid growth in this emerging space, along with our professional and managed services, throughout the remainder of 2016.”

TMC reported the value of the DAS market as approximately $2 billion as of the summer of 2014. This rise could come at the cost of a drop in investment for traditional wireless, but it shows the future of how wireless deployments could take shape. Specifically, although the market is expected to remain flat at around $61 billion through the year 2020, DAS could join small cells, C-RAN, and carrier Wi-Fi as the leaders of wireless come the end of the decade.

Meanwhile, the combined SDN and NFV market is expected to experience a compound annual growth rate of 86 percent between 2015 to 2020, ultimately resulting in global revenue of more than $45 billion.

InterCloud will hope to capitalize on this growth of software-based networking and changes in wireless preferences for enterprises of all types. If its current momentum is any indication, it will have the chance to transfer an exciting 2016 into an excellent 2017, 2018…

Edited by Stefania Viscusi

Contributing Writer

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