Will 'hyperscalers' steal Spark's spark?

Thu, 01 Apr 2021

Spark last week went open kimono on its IT and managed services business in a way it hasn’t done in years.The more granular view of the business presented by Spark’s finance director Stefan Knight and other executives, suggests Spark has a healthy IT business that nevertheless faces pressure as businesses shift more of their data and applications to public cloud providers like Amazon Web Services, Microsoft and Google Cloud.Spark’s IT and managed services generated about $1.1 billion last year, representing 31% of Spark’...

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