Intel Capital Invests In Managed Services Firm

Intel Capital Invests In Managed Services Firm

Intel Capital, the chip giant's global investment organization, is pumping money into the managed services market. Specifically,  Intel Capital has invested in Virtustream, an infrastructure services firm that specializes in cloud strategy, integration, virtualization and managed services. Here are some quick details.

According to a prepared statement from Intel Capital, Virtustream offers "three pillars of service including professional services, cloud services and managed services. The investment from Intel Capital is earmarked for the continued development of Virtustream's infrastructure and the expansion of the xStream cloud computing platform."

Going forward, it seems like a growing number of MSP-centric companies are developing their own intellectual property to differentiate from peers. In Virtustream's case, xStream

"was purpose-built for the heavy lifting business now demands. Built to accommodate the rapid evolution of your application environments and demand for optimal infrastructure, it handles mission-critical applications without sacrificing security or performance. It is tuned to optimize ERP application such as SAP, Oracle and Microsoft and has self-service capability through the xStream Management Portal."
Also, the convergence of managed services and cloud computing seems to be accelerating. And big vendors -- beyond Intel -- seem to be taking notice. At the recent HP Americas Partner Conference in Las Vegas, sources say HP sat down with 6fusion -- which connects the dots between third-party data centers, cloud and MSPs. Also, at the Cisco Partner Summit in San Francisco, CEO John Chambers and CTO Padmasree Warrior explained how Cisco's overhauled managed services partner program would help customers shift more IT resources to the cloud.

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