Q&A With Peak 10's Chris Downie On Recurring Revenue And Growth

How do you see demand for cloud services unfolding this year?

I think it's going to be tremendous. Clearly it’s a hot buzzword out there but I think the enterprise in particular has been adopting what I will refer to as a utility. Cloud is really a utility that’s made available to enterprises via environments like ours, so it's very natural for them to start extending their computer requirements depending on the application into cloud.

There are certain applications that customers will feel comfortable putting into the public cloud. But as soon as there's a level of critical importance or critical sensitivity or privacy to certain data sets, they'll keep that in house. But they really want to have the ability to leverage into computer resources on demand.