Report: Iron Mountain to shutter cloud storage service

Two years ago, Gartner had predicted in a report that less than one-third of cloud storage companies would see a return on their investment by 2011. When announcing Iron Mountain's exit from this market segment, Digital Services Executive Vice President David Jones acknowledged that part of the motivation included profitability pressures, Gartner said.

Lucas Mearian covers storage, disaster recovery and business continuity, financial services infrastructure and health care IT for Computerworld. Follow Lucas on TwitterTwitter at @lucasmearian , or subscribe to Lucas's RSS feed . His e-mail address is lmearian@computerworld.com . Alles zu Twitter auf CIO.de

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