I’m not completely surprised by Iron Mountain’s apparent move to get out of IT services but it is disappointing to see an established, mature, publicly traded company dip into cloud services only to realize their business model didn’t work. While I completely respect a company changing their business model to create shareholder value, I’m not sure it helps build trust in public clouds for an already skeptical IT community of end users. As I’ve mentioned a number of times before, IT’s adoption of public clouds is built almost entirely on trust. Yes, business models change but who feels the pain of these types of changes?
I’m trying to figure out the lesson here. Does this mean IT departments, besides outlining the technical requirements for their environment , need to hire MBA’s to evaluate the viability of a publicly traded vendor’s business plan? That’s not very practical.
You certainly can’t listen to the wisdom of some analysts. Gartner, who apparently broke the news about Iron Mountain, was the same analyst firm who, late last year, positioned Iron Mountain in the Leaders Quadrant for Enterprise Information Archiving. based on their completeness of vision and ability to execute”.
If nothing else, Iron Mountain’s move validates private and hybrid clouds. Rather than trust the viability of a private cloud provider who may change business plans tomorrow, private clouds provide the same scalability and multi-tenancy as public clouds with greater security without giving up control and recurring costs of an outside third party.
It’s cynical, but maybe the lesson here is you are better off trusting the capabilities of your own organization, knowing both your strengths and the weaknesses, than someone elses. Private and Hybrid-Clouds enable just that.