Comparing the current results to its competitors, Internap reported Revenue decrease in the 4 quarter 2019 year on year by -8.06 %, faster than the overall decrease of Internap's competitors by -3.13 %, recorded in the same quarter.
Internap Corp, slower than the average decrease reported by the company's competitors of -14.02 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -14.02 %
Internap's Comment on Competitors and Industry Peers
The market for Internet infrastructure services is intensely competitive, remains
highly fragmented and is characterized by rapid innovation, price sensitivity
and consolidation. We believe that the principal factors of competition for
service providers in our target markets include breadth of product offering,
product features and performance, level of customer service and technical support,
price and brand recognition. We believe that we can compete on the basis of
these factors to varying degrees. Our current and potential competition primarily
consists of:
Colocation providers, including CyrusOne, Equinix, CoreSite, QTS Realty Trust,
ZColo and Cyxtera.
Managed services and hosting providers, including: Rackspace, IBM Cloud, QTS,
and CenturyLink, Inc.
Cloud providers, including IBM Cloud, OVH.com, Amazon Web Services, Microsoft
Azure, and Google Cloud.