Online Business Markets Grow Through Recession
As the world flounders deep in recession with sporadic signs of growth, it is reassuring to financial markets that many businesses are bucking the trend. The online market has been somewhat immune to the downturn in the economy with reports increasing of a number of successes large and small. A recent article that appeared on Reuters illustrates just how upbeat the markets are becoming, with Telecity – one of the major data firms in Europe – positively expanding its’business and services.
The online markets are quickly outstripping the traditional print mediums with fast and reliable access to content in high demand. As the recession has increased it’s stranglehold across the globe, print business has suffered and many have turned to the online markets because of the ease and cost effective access it affords. Within the next ten years the pendulum may have swung the other way completely with online given more priority then offline. The only successful businesses are the ones that adapt and change in line with the markets. Online presence is an essential to all companies now. However whilst anyone can design and publish a website, not everyone can provide the security and connectivity that is actually required to enable a business success. Reliable data storage and server capacity is fundamental to any company wanting to survive through these uncertain times.
Telecity has been an industry leader in Europe for data services for a long time now and is looking to expand even further. Their clients include Walkers, ITV and Transport for London to name but a few. The reason they are well known and trusted is because of the reliability they provide their customers alongside a deep understanding of the IT infrastructure that successful businesses require. It is this understanding that has enabled them to reposition themselves with the market and continue to provide increasingly secure and trusted data storage.
Most companies are wary of stretching themselves too thin over the next two to three years, but not Telecity. Their chief executive Mike Tobin has said that he has identified many opportunities including %u2018bolt on’ deals to the expansion plans already in place. With several business awards to their name already as well as satisfied customers, it looks as though Tobin’s claims will very soon be a strong reality.
The data firm provides an excellent example of how a successful business can reposition itself effectively, particularly when faced with aggressive challenges.
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