June 15, 2021  —  James Slaby

Catching a wave: Exploring the hosting industry’s rapid growth

Acronis
Acronis Cyber Protect
formerly Acronis Cyber Backup

If you think the web hosting services business is maturing, flattening, maybe getting stale, think again. Last year, the global hosting market generated a robust $75 billion in revenues despite a modest slowdown attributed to the pandemic. In 2021, its growth is accelerating again, forecast to grow to $267 billion by 2028, according to Fortune Business Insights.

That is a rocket worth catching a ride on.

Still, the 10 largest players – a group that includes GoDaddy, Google Cloud, 1&1 IONOS, AWS, and OVH.com – dominate more than a third of the market, according to Host Advice. If you’re not one of these hosting behemoths, how do you differentiate your services to fatten your slice of this rapidly growing pie? What’s your strategy to fend off competitors, grow monthly recurring revenues, increase margins and reduce customer churn? What will it take to become a hosting front-runner instead of an also-ran?

An upcoming conference series from Acronis featuring hosting entrepreneurs and experts will be diving into those questions.

First event in a series on emerging opportunities in hosting

The first event in this new series takes place on 23 June 2021 at 11:00 a.m. EDT, 17:00 CEST. It’s called “How to Drive Hosting MRR and Delight Customers with Acronis and Virtuozzo”, and will be co-presented with our longstanding integration partner, server virtualization vendor Virtuozzo.

Our master of ceremonies (or host, if you prefer) will be Acronis advisor Soeren von Varchmin. He is best known around the hosting world as the former CEO of CloudFest, one of the industry’s premiere annual conferences, where he still serves as chairman of the advisory board. Soeren will oversee the centerpiece of this one-hour virtual event: a panel discussion featuring a pair of very successful hosting entrepreneurs and two deeply experienced hosting infrastructure experts.

The featured panelists include:

  • Christian Schneider, senior VP of product management at Strato AG, a Berlin-based hoster with more than two million customers in Germany and the Netherlands. He has more than 14 years of experience in the business, primarily in product management roles at Strato.   
  • Joe Morgan, CEO of Joe’s Data Center of Kansas City, Missouri, a hosting, co-location and data center services operator that he founded in 2007 and built into a thriving business.
  • Maik Broemme, senior product manager at Virtuozzo. Maik has 19 years of experience with tech vendors serving the hosting industry, including Acronis, Odin and Parallels, primarily as a solutions architect and program manager.
  • Stephen Nichols, solutions engineering team lead at Acronis. Stephen brings 23 years of experience at hosting infrastructure vendors like Virtuozzo and Odin, mainly in sales engineering, partner management, professional services, consulting and sales roles.

Hosting opportunities for data protection and cybersecurity

Soeren will lead this talented lineup through a wide-ranging discussion of the challenges and opportunities facing the hosting business, delving into questions such as:

  • Where can we find profitable new services to expand our hosting business?
  • How might we price, package and market these new services?
  • What are the potential adverse effects on our business of surging cybersecurity threats like ransomware and tech supply-chain attacks, and how can we convert them into business opportunities?
  • How might we transform investments in data protection infrastructure like backup and disaster recovery from a cost center to a revenue generator?
  • How can we exploit automation, integration and other optimization strategies for our tool sets to boost staff productivity and wring out costs?

The panel will then engage in an extended live question-and-answer session with the audience.

Registration is still open

As the hosting market continues its upward trajectory, it will offer plenty of opportunity for players that continue to invest in innovation and find profitable new ways to serve and protect their customers. In less than an hour, this lively panel discussion and Q&A will help you chart the most promising pathways to greater revenues, margins and operational efficiencies – all while expanding and retaining a delighted customer base. Registration is still open, so reserve your spot by signing up today.

To register, visit the event page.

About Acronis

A Swiss company founded in Singapore in 2003, Acronis has 15 offices worldwide and employees in 50+ countries. Acronis Cyber Protect Cloud is available in 26 languages in 150 countries and is used by over 20,000 service providers to protect over 750,000 businesses.