Data Storage Corporation Announces Large, Subscription-Based Cloud Services Contract With Leading Promotional Products Company
Portfolio Pulse from Happy Mohamed
Data Storage Corporation (NASDAQ:DTST) has secured a large, subscription-based contract with a leading promotional products company to provide fully monitored and managed cloud solutions. The solutions include cloud-based disaster recovery and infrastructure, enabling the client to transition from legacy hardware to the company's enterprise cloud. The contract was secured through the company's Flagship Solution Group subsidiary.
July 06, 2023 | 12:41 pm
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POSITIVE IMPACT
Data Storage Corporation's new contract to provide cloud solutions could potentially boost its revenues and enhance its market position. The news is likely to be viewed positively by investors.
The new contract represents a significant business win for Data Storage Corporation, potentially leading to increased revenues and a stronger market position. This could positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100