Cloud Computing Experts Set to Spark Price War

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Cloud computing firm Giacom ThinkCloud lowers its Hosted Exchange prices to lowest in global industry

We appear to have reached a tipping point for cloud computing

September 21, 2011 (PRWEB UK) 26 September 2011 -- The evolution in cloud computing took another twist today as a UK firm dropped its prices to what is believed to be the lowest in the global industry.

Giacom ThinkCloud, which has clients across the world, laid down the gauntlet to its rivals by setting its Hosted Exchange service at £2.95 per mailbox a month.

It is thought to be the first time any cloud computing business has offered such a service for below £3.

The move is the latest evidence of the growing competition between companies offering cloud-based services as they clamour for customers.

Nick Marshall, managing director of Giacom World Networks Ltd, said: “Cloud computing is starting to become almost too affordable to ignore for businesses.

“Most companies are aware of cloud computing but many have failed to see the obvious cost benefits because traditionally prices haven’t been that low. But all that is changing.”

Last week market intelligence provider IHS iSuppli predicted that consumer and enterprise spending on cloud services was set to grow by almost fivefold during the next five years, to reach more than $100billion in 2015. China has also announced that it is investing £98billion in cloud computing hubs.

Prices have been falling dramatically – triggered by some of the big players such as Microsoft and Google becoming active in the market.

Nick added: “In the past six months we’ve seen a surge in demand allowing us to apply economies of scale for our full-featured Hosted Exchange service. We appear to have reached a tipping point for cloud computing – people’s fear of putting data into the cloud safely is diminishing as it becomes more mainstream. In fact experts believe most data will be stored in the cloud within just a few years.”

Hosted Exchange provides email, shared calendars and contacts, and push email technology to mobiles. Instead of using a physical server in their building, firms purchase exchange mailboxes from a cloud provider, allowing the business to scale up or down easily without worrying about capacity or in-house expertise.

But competition between providers is intensifying and Microsoft is now offering its own services through the Office365 suite.
Based in Hull, East Yorkshire, the Giacom ThinkCloud (http://www.giacom.com) team has evolved since setting up in 1999 when it started by offering web hosting services. It launched its successful MessageStream email filtering and archiving service in 2005 before developing its cloud-based Hosted Exchange platform in 2010.

It initially traded via resellers and had more than 400 companies selling its products under their own brands but has now successfully launched its own services. Although 90% of Giacom ThinkCloud’s clients are based in the UK, it also has clients across Europe, the USA and even recently the Seychelles.

One of its clients is Russia-based Troika Relocations, run by Irish businessman David Gilmartin. The firm provides help to businesses and their staff relocating to Russia.

David said: “It’s a good fit for our business because we need to access email on the move from various locations around the world.

“Being Moscow based has no bearing on where we buy cloud-based services from – shared calendars, contacts, tasks and of course email works equally as well back in the UK as it does out here.

“The key to moving to Hosted Exchange was to increase our email reliability – you can imagine how important email is to a relocation company like ours – and to be able to do this without any costly on-site expertise.”

For more details about Giacom ThinkCloud visit http://www.giacom.com
Editor’s Note: For more information email Nick Marshall at nick.marshall(at)giacom(dot)com or Ian Beckwith at ian.beckwith(at)giacom(dot)com or call 01482 611060.

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