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Cloud Market At "Tipping Point" Says Web Hosting Firm Iomart

Scottish web hosting firm Iomart has secured new contracts worth £1.8 million as cloud computing reaches 'tipping point', the company has said.

According to Iomart CEO Angus MacSween the recent burst in demand for cloud computing has resulted in the company acquiring 30 to 40 new contracts with new and existing customers every month.

The £1.8 million earned by Iomart comes with new web hosting and storage contracts with business critical solutions provider office2office, GMG Radio, a European network services provider and a recruitment firm, the company said.

“(The technology] has reached a tipping point, having significantly moved through the early adopter phase over the past six months. Almost every company, regardless of sector or size, that we speak to is considering either a full or part-cloud solution for their IT needs,” MacSween said in a statement.

The company said it was sensing an increase in public cloud computing adoption by small companies, while large organisations were looking for more hybrid and secure private cloud options.

“We are finding that the micro business is embracing the public cloud, whilst the enterprise and mid market is seeking the reassurance, scalability, security and reliability that a high availability hybrid or private cloud offers,” he added.