There are 4 Companies in Greece
that provide Hosting and Cloud Services!

Greece is the home of democracy, modern politics, and beautiful beaches. These, make now the country famous for. Somewhere at the end of the line, the tech sector also makes Greece a good destination for investors that aim the Mediterranean area. 

With an accent on the public sector, Greece never focused and consolidated its efforts around the tech sector, until 2018, when the government sought financial assistance and resources to get out of the economic crisis the country was hit in the mid-2010’.  The Greek tech ecosystem was granted over €260 million from the European Investment Fund and private investment, indicating a confident bet that this is the next disruptive and transformative sector. Since this investment, the country had seen a flurry of innovation as predicted and beyond. The number of firms in the venture capital space has quadrupled, spurring exponentially more ideas and innovation from young minds, founders, and investors in the space.

Why you should work with Greek IT companies

The main lesson Greek companies learned from the European digital market was that they have to provide high-quality services for affordable prices, in order to be competitive and attractive. But this helped not only to attract new clients but also to investments and stimulate the workforce to enroll in the IT sector and develop the country’s economy. 

Digitalizing the tourism sector and provide more accessibility to potential visitors was the first successful test local companies have passed before going internationally. Now, in 2020, more than 80,000 workers are employed in the Greek tech sector with an average wage of ~1000 Euro/mo. At this rate, Greek IT companies provide probably the lowest costs/project in the Mediterranean area, using at the same time the latest technologies and delivering decent projects to national and international customers. 

What you should be aware of when working with Greek IT companies

On the other hand, Greek IT companies lack experience in the international market and find it difficult to compete outside the geographical area they are located in. It is true, that competition in the European market is tough and few get to know the ultimate prize for fame since there is no #1 company in the world. But with all that, in 2020 not all Greek IT companies and digital agencies are able to compete with western-European companies. 

How reliable are Greek IT companies

On the regional level, Greek IT companies are not only reliable but also among the most favorite for clients. But the lack of experience and the in-development IT industry, create a psychological barrier for potential clients, especially big companies.  On the other hand, taking into account the speed of progress Greek companies are registering, it is possible to see a surprise turnover where the IT sector will be at the same heights or even more developed compared to western-European countries. 

How does the Greek IT sector relate to the neighboring countries?

Greece’s geographical position makes the country a strategic place in terms of connectivity and transition for the entire Europe. Compared to the Balkan countries, the Greek IT sector is well-ahead, mainly because of funding opportunities, but also due to the government-supported policies and facilities for local IT companies. 

Entrepreneurs often struggle to differentiate between cloud and hosted services, which may seem similar but differ in processes. Understanding these differences can help choose the right for your business. Pick the right home for your website involves considering technical aspects, reliability, cost, and customer support and other factors.

There are more than 330,000 web hosting providers all around the world, and this number is expected to grow as the Internet expands. Even with the fierce competition, new providers continue to enter the market.

At the same time, data reveals that approximately 60% of all corporate data is now stored in the cloud. It has also witnessed a 10% increase compared to the previous year, 2021.

Cloud Services

Cloud service­s are computing service­s provided by third-party hosts through the interne­t and on-demand. They allow customers to acce­ss and utilize remote computing re­sources effortlessly. There are three main categories of cloud: Software as a service (SaaS), Platform as a service (PaaS), Infrastructure as a service (IaaS).

Benefits of Using Cloud-Based Services

Cloud services offer several advantages that are not available with hosted solutions:

• IT Optimization: With cloud services, the provider is responsible for building and maintaining all the hardware, so your IT department doesn't have to manage servers or install and update software on individual computers. Additionally, the provider is responsible for ensuring security and resolving any problems that might come up.

• Budget-friendly approach: Cloud service­s offer a cost-efficient approach where you only pay for what you use. The­re is no need to inve­st in hardware or purchase software licences that may end up being unuse­d by your team. 

• Business system integration: To integrate various third-party cloud solutions, you can streamline workflows and enhance team collaboration and productivity. For instance integrating your cloud communications platform with a CRM. Doing so ensures employees have access to customer information before they answer incoming calls and automatically logs all calls into the CRM.

• Increase agility and scalability: Cloud services let you make changes in just a few clicks, whether you need to shift workflows, add new features and functionality, or change the number of users.

• Support AI, predictive analytics, and IoT:  With your data in the cloud, you can easily apply these advanced technologies to improve efficiency, gain new insights, and future-proof your business.

• Support remote workforces: The workforce can access cloud services anytime, anywhere, using any device, with just an internet connection and login credentials.

Hosting Services 

Hosted services, much like cloud-based solut­ions, are managed by a third-party provider and accessed through the internet. With hosted solut­ions, the provider owns and maintains physical servers in a private location rather than relying on a public cloud. This allows the service to be accessed online without the need for insta­lling hardware or software. Users typically access it through a virtual private network or remote desktop.

Benefits of Hosting Services

Hosted services offer some of the same advantages as cloud solution, including:

• Remote access and the ability to integrate with certain other cloud solutions. Because the software and hardware are maintained by the provider, there's also less for IT to manage than with traditional computing solutions (but typically more than with cloud solutions).

• Offers greater custom­ization options compared to cloud services, depending on the setup and service agree­ment. 

• Provide more control over security proto­cols, which is partic­ularly benef­icial for companies operating in highly regulated indus­tries.

To Sum Up 

Cloud services are a more cost-ef­fective option compared to hosting services. They are easier to set up, manage, and maintain. Although hosting services offer more control, they require addit­ional IT work and often come at a higher price. However, it's important to analyze your specific business requir­ements before deciding on a hosting type. At the moment Techehemoths has almost 800 Hosting & Cloud service providers. 

Take a look at their profiles and feel free to contact them, the smart filters will also help you, Moreover, you can submit your project and our team will hand-pick and send you the best matching service providers, and you will get free quotes in about 1-hour. Also, if you want to learn more about cloud and hosting services, check out our blog for addit­ional inform­ation.