Our position in the advantageous Midwest connectivity market has never been stronger, but you don’t have to take our word for it. In a report published by 451 Research, a third party assessment of our strengths and weaknesses shows the future is bright.
451 Research is a market research and analysis organization focussed on the IT industry. With a goal to bring together data and intelligence to help tech companies make smart decisions, they specialize in information concerning cloud native technologies, AI, data centers, IoT, DevOps, cybersecurity, and cloud services. The firm completed a market research report on 1623 Farnam, analyzing our position after an ownership change and large funding injection. Here’s a taste of the analysis:
Midwest markets, including Omaha, continue to garner interest from multi-tenant data center providers and investors as the area’s connectivity options and hyperscale activity continue to grow. Additionally, despite the reach of technology, we still see Midwest SMBs holding on to the ‘servers within a screwdriver’s reach’ mentality, preferring to do business with locally owned companies, including datacenter providers. With its focus on connectivity, 1623 Farnam can largely differentiate itself from the competition in Omaha in that it primarily targets carriers rather than enterprises. However, the company could find itself at a disadvantage when it comes to customers requiring geographic diversity, which it cannot offer.
The full report details our history, forecasts our future, and includes competitive and SWOT analyses. Check it for yourself here.