NEW: The IT services piece in Colt's growth puzzle

In FY12, Colt hit the significant milestone of returning to growth (in Euros) for the first time in seven years. However, management’s ambition doesn’t stop there. The objective is to achieve compound growth of mid-to-high single digits to 2017. To make this a reality, Colt will need to ensure its legacy products in voice and data can consistently grow – something that will be a significant challenge in today’s market. In IT services, there is an opportunity to grow strongly in cloud-delivered infrastructure services. However, Colt’s business here is currently small and our view is that it is not yet delivering the kind of growth Colt needs to justify the investments made to date.

In this CompanyViews research note (see The IT services piece in the Colt growth puzzle), we take a closer look at Colt’s cloud and IT services business. Available to subscribers of TechMarketViews’ Foundation Service and InfrastructureViews only. To gain access to research, please contact Deb Seth (dseth@techmarketview.com).

Posted by Kate Hanaghan at '09:42' - Tagged: research