Building and maintaining modern data centers can be a very expensive proposition, best left to the experts. For many years, data center management companies delivered co-location and managed hosting services for their customers that wanted to take advantage of access to world class data centers without having to build their own. Now that public cloud IaaS (Infrastructure as a Service) is a well-established $13 billion industry, companies increasingly are looking at IaaS as a more cost effective and flexible alternative.

For companies that still need control and privacy but do not have the in-house wherewithal, there is still definitely a place for traditional managed hosting services. However as more organizations migrate towards different ways of purchasing and consuming infrastructure, it is time for managed hosting services to get a makeover to survive in the new cloud centric world.

Read the full Verizon blog here