SOURCE: Wall Street Equity Research

Wall Street Equity Research

November 22, 2010 08:32 ET

Analyst Study on Rackspace Hosting Inc. and Internap Network Services Corporation -- Cloud Computing and Offsite Data Storage Have Security Concerns

JOHANNESBURG, SOUTH AFRICA--(Marketwire - November 22, 2010) -  www.wallstreetequityresearch.com brings investors market knowledge on the aspects moving the internet software & services stocks, and offers complete analytical research on companies like Rackspace Hosting Inc. (NYSE: RAX) and Internap Network Services Corporation (NASDAQ: INAP). Register with www.wallstreetequityresearch.com today to gain full access to our complimentary research on these internet software & services stocks.

Competition is rapidly increasing for a stake in the cloud-computing and offsite data storage markets. The two technologies are gaining popularity amongst companies of all sizes which no longer wish to bare the expenses of servers and related maintenance, software and security costs.

www.wallstreetequityresearch.com is a specialized website where investors can have specific access to complimentary reports on internet software & services industry; traders looking for analysis on Rackspace Hosting Inc., Internap Network Services Corporation and other players in the industry are welcomed to sign up for free at http://www.wallstreetequityresearch.com/.

At the current rate, cloud-computing revenues could reach almost $70 billion by the end of 2010 and could double over the next 4 years. The revenues from these companies appear to be primarily driven by cost-cutting efforts. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting companies in the internet software & services industry.

The big obstacle for cloud computing companies like Rackspace Hosting Inc. and offsite data storage providers like Internap Network Services Corporation is apprehensions regarding security. Many companies are hesitant to ship all of their data and research to another company despite the substantial cost savings. Some companies, on the other hand, consider the risk-reward gap to be too great and are electing to ditch their clunky servers in favor of offsite services. Investors can register today at http://wallstreetequityresearch.com/November222010RackspaceHostingInc(RAX)221110.php or http://wallstreetequityresearch.com/November222010InternapNetworkServicesCorp.(INAP)221110.php to download the full report on Rackspace Hosting Inc. and Internap Network Services Corporation.

Overall, cloud computing and offsite data storage are on the rise. Companies within the two markets are primarily focused on assuring potential new customers of the security of their services.

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