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Symantec plans to turn much of its portfolio of software and appliances into products which can be offered as part of a hosted service, Magee said.
The move stems from customer requirements for pay-as-you-go technology combined with uncertain IT staffing levels and uncertain IT skills, he said.
For Symantec, Magee said, making sure solution providers are involved in its cloud strategy is a priority, even though he admitted that not all partners will be able to make the transition.
"We doing more than anyone else in this space to leverage partners," he said. "I won't say no one will be displaced. But there are opportunities for partners to help customers get to the point where they can take advantage of new technologies in the cloud like dedupe and data loss prevention."
Magee said that solution providers who require more time to build their cloud expertise will continue to find opportunities with Symantec. "It's not an all or nothing (situation)," he said.
Next: Providing The Cloud Ecosystem