Terremark Worldwide Signs Up FCC for Enterprise Cloud Offering
More good news from Terremark Worldwide (TMRK) on landing the Federal Communications Commission (FCC) for their Enterprise Cloud platform to support its strategy to leverage cloud computing, including the agency's plan to host its web site in the cloud. This is yet another sign how the governments need to cut budgets either forces them or makes it more likely that they'll move more services online and ultimately into the cloud. Where they might have been more reluctant in the past to outsource into the 'cloud' it now makes economical sense and the lower costs are out ruling any concerns on security. TMRK is a proven government provider and a leader in the federal market. Look for more and more government agencies to move not only online but to the cloud via TMRK. FCC.gov is yet another feather in their hat. TMRK remains a core holding of the Opportunistic Portfolios including the Long Only and Levered. Terremark’s highly secure Infrastructure-as-a-Service (I...