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TECHS BRIGHT SPOT: HOSTING SERVICES STILL GROWING SAYS INSIGHT RESEARCH

BOONTON, NJ. September 5, 2002: Despite the tech sectors woes, spending on Web hosting and the managed services required to maintain corporate Web sites continues to grow, and is predicted to exceed $13.5 billion by 2007 according a new report by INSIGHT Research. The market research study concludes that corporate IT departments are under considerable pressure to outsource Web site management in order to achieve greater efficiencies in their current operations.

According to Web Hosting and Managed Services 2002-2007, corporate IT departments are expected to increase their outlays on outsourced Internet infrastructure and managed services at a compounded growth rate of over 22 percent over the next five years, even if the current lockdown in the worldwide tech sector continues. The outsourcing of ongoing Web site maintenance and other managed services will continue since vendors of managed services operate with greater efficiency and expertise than internally-managed corporate IT departments. The outsourcing of Web hosting services runs the gamut from a small business buying managed services in a shared-server environment to a Fortune 100 company bringing an outside managed services team into a corporate data center to manage the companys Web resources.

Even with the overall economy in a slump, companies of all sizes realize that outsourcing Web hosting and the other management functions required to maintain a company site is not a luxury-its a necessity," says INSIGHT president Robert Rosenberg. Companies of all sizes are outsourcing-not just the top tier-and they are all motivated by the same calculus: reducing the overhead related to new a deployment or the management of the Web infrastructure. Giving Web hosting to professionals, and expensing the costs, are the way to go," concluded Rosenberg.

Web Hosting and Managed Services 2002-2007 forecasts outsourcing expenditures for six classes of Web hosting and managed services.

A free report excerpt, table of contents, and ordering information is online at http://www.insight-corp.com/hosting.html. This 93-page report is available immediately for $4,195.00 (hard copy). Adobe Acrobat (PDF) report licenses are also offered; visit the INSIGHT Web page, or call (973) 541-9600 for details.

For more information, please contact:

Christopher Delloiacono, Director of Marketing   
The Insight Research Corporation            
email: chrisd@insight-corp.com
phone: (973) 541-9600, fax: (973) 541-9660
718 Main Street
Boonton, NJ 07005 USA

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Chris Delloiacono
The Insight Research Corporation
732-541-9600
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