France Telecom (FTE) intends to provide a secure end-to-end platform for passing business applications to the cloud infrastructure by expanding Flexible Computing service offering.
The company expects to draw benefits like rapid scalability and flexibility along with a self-managed infrastructure from the expansion of the Flexible Computing platform that would help generate more enterprise customers and expand its enterprise business footprint. The company already has 500 users of Flexible Computing services and is witnessing increased demand from the corporate sector for networked cloud infrastructure services.
At present, Orange Business Services is being supported by 350 efficient security consultants and is available in more than 220 countries and territories. It has more than 100,000 customers all over the world. Strengthening its SAAS (Security as a Service) services is part of its Conquests 2015 strategic plan, which aims to improve operational efficiency by sharing different practices and business models to enhance group development.
Further, Orange Business Services provides companies with cloud-based IT security solutions. In this context, the company teamed up with SafeNet to provide its Secure Authentication solution over the cloud. SafeNet’s Authentication Service provides its enterprise customers with an additional layer of security, while accessing vital corporate information. This cloud-based solution will help enterprises to eliminate the cost and complexities of owning and managing their own equipment and employees.
Orange Business service is expected to deliver more than 10% growth per year through 2016. We believe that growing market demand for business service products will allow France Telecom to offset its declining wireless business and capitalize on the opportunities in the cloud-based security market.
France Telecom, which operates with Vodafone Group Plc. (VOD), Telefonica SA (TEF) and Telecom Italia S.p.A (IT) currently carries a Zacks Rank #4 (Sell).
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