Previously operating as Peak, Faction is a cloud computing company offering Cloud Infrastructure as a Service software. Its offerings help companies avoid vendor lock-in by facilitating access to data across different clouds like AWS, Google Cloud, and Azure.
The problem of vendor lock-in is a substantial worry for nearly 80% of organizations that use the cloud. Developing multi-cloud networks helps companies shore themselves up against the risks of depending on a single provider, whilst also taking advantage of the growing raft of features available across different networks. With more companies making the shift to cloud computing, Faction is operating in a lucrative market with a lot of room for growth.
Faction has been in the game since 2006 and has grown to be a strong provider in the multi-cloud data service market - including securing a high-profile partnership with Dell Technologies. With the benefits of multi-cloud networks becoming more apparent, Faction seems well-placed to remain a robust market player.
Freddie
Company Specialist at Welcome to the Jungle