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UK SME Skyscape Cloud Services bags £4m from BGF

Skyscape said it plans to expand its efforts to target the public sector, and enhance its platform as a service proposition

UK-based cloud services provider Skyscape announced Thursday that it has secured a £4m minority stake investment from the Business Growth Fund, which will be used to accelerate its growth in the UK public sector market.

Price wars threaten smaller cloud players, IDC claims

IDC claims the constant price wars that have become endemic to the cloud industry will threaten smaller providers. But some aren't convinced.

Major cloud service providers like Amazon and Microsoft regularly drop their prices resulting inevitably in what many would describe as an unavoidable race to the bottom in the increasingly commoditising IaaS space. And according to research and analysis firm IDC, small cloud service providers run the risk of being forced out of the market altogether as a result. But some aren’t convinced.