Named in world's top 25 for cloud services

RNS Number : 5290I

Iomart Group PLC

16 June 2011

 



iOMART GROUP PLC

("iomart" or the "Group" or the "Company")

iomart named in world's top 25 for cloud services

iomart Group plc (AIM:IOM), has been named as one of the top cloud providers in the world in a survey of Managed Service Providers working in the cloud. 

iomart was listed in 22^nd place - the highest ranked UK company to be mentioned - in the Talkin' Cloud 50 2011 survey. The Talkin' Cloud 50 overall ranking is based on annual cloud revenues for 2010, dollar growth, percentage growth from 2009 to 2010 and total number of customers running cloud applications. It is produced by Nine Lives Media Inc., a US based industry research house.

Earlier this month, iomart Group plc announced a rise in pre-tax profits for the year ended 31 March 2011 of 618 percent to £2.8m. Revenue also showed a big increase, up 38 percent to £25.3m from £18.3m in the previous financial year. Enquiries for enterprise cloud services, still an embryonic market, now make up more than 35% of iomart's leads.

The Company's managed hosting and cloud computing business is based on full ownership of its data centre estate in the UK. It owns data centres in London, Maidenhead, Glasgow, Nottingham and Leicester.

The survey states that Talkin' Cloud 50 companies generated $321 million in annual cloud revenues for 2010, up 47 percent from $218 million in 2009.

Angus MacSween, CEO of iomart Group plc, said: "iomart was an early proponent of the cloud and every layer of our service delivery infrastructure has been built to accommodate a real cloud portfolio. We are delighted that our early vision is now bringing recognition from industry specialists like Talkin' Cloud.

"iomart offers the full range of cloud types, such as private or hybrid cloud, all of which are underpinned by guaranteed service levels due to being delivered from our own data centres. We believe the ownership of our data centres is a factor which sets us apart in the market and has been a major contributor to our success."

Earlier this year iomart was ranked in 8th position in Nine Lives Media Inc.'s annual MSPmentor 100, a distinguished list and research report identifying the world's top 100 managed service providers (MSPs). The Company was listed as the 2nd Top European Managed Service Provider.

For further information:

iomart Group plc	Tel: [phone]
Angus MacSween, Chief Executive
Richard Logan, Finance Director
Peel Hunt (Nominated Adviser and Broker)	Tel: [phone]
Richard Kauffer
Daniel Harris
Threadneedle Communications	Tel: [phone]
Caroline Evans-Jones
Hilary Millar

About iomart Group plc:

iomart Group plc (AIM:IOM) is one of the UK's leading providers of managed hosting and cloud computing services. From a single server through to private cloud networks, iomart specialises in the delivery and management of mission-critical hosting services, enabling customers to reduce the costs, complexity and risks associated with maintaining their own web and online applications.

By physically owning and managing its own global network infrastructure, iomart offers world-beating levels of service to its customers. The Group offers a unique 100% uptime guarantee with all hosting services being engineered to ensure no single point of failure.

iomart Group operates in its chosen markets through a number of subsidiaries: iomart Hosting, RapidSwitch, Titan Internet, Easyspace and Westcoastcloud. The group has been listed on the London Stock Exchange's Alternative Investment Market (AIM) since April 2000. 

For more information about iomart Group plc visit www.iomart.com

 

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