CSPs have a unique opportunity to become cloud service providers and expand into new markets. To succeed, CSPs must optimize their internal infrastructure with cloud technology, provide an innovative portfolio of cloud services, and differentiate the customer experience. CSPs should partner with experts to analyze their operations and implement cloud computing internally first to reduce costs. They can then focus on quickly launching and managing cloud services through an automated platform and diverse partner ecosystem. Doing so will allow CSPs to reinvent their business and compete in new lucrative markets.