Year on year, revenues jump 15% and EBITDA 23% as Corporates move to the Company's "virtual" Data Centres and accelerate Unified ICT evolution
London, 6 November 2012 – Interoute Communications Ltd, owner operator of Europe’s largest cloud services platform, is building out its European Data Centres as demand increases for its cloud services. The introduction of an applications management product set and the launch of Interoute’s Virtual Data Centre (VDC) solution have contributed to the surge in computing revenues. The Company's Unified ICT strategy, leveraging Europe's largest cloud services platform to offer computing, communication and connectivity services, continues to attract international enterprises that demand an integrated approach.
In Q3 2012, Interoute extended its Virtual Data Centre platform into its Berlin facility and prepared its Paris Data Centre for the launch of its innovative solution in Q4. Earlier this year, the Company was selected by the UK Government as an IaaS (Infrastructure as a Service) provider for that nation's G-Cloud programme. Interoute’s Virtual Data Centre enables organisations to create highly dynamic scalable cloud computing services, allowing customers to provision new computing resources in minutes and to select from any of Interoute’s VDC enabled Data Centres in Amsterdam, Berlin, Geneva and London via a fully automated online portal.
Interoute is also investing in a new state of the art Data Centre in Ghent, Belgium, which will be fully operational in January 2013. The enhanced security at this facility features biometric fingerprint controlled access, 24/7 remote security, which is managed from Interoute’s Amsterdam Data Centre, and multiple High Definition cameras monitoring the building inside and out. The Data Centre is ISO-2007 and PCI certified, and will have an excellent, "green" Power Usage Effectiveness (PUE) classification of 1.4.
Interoute’s growth has defied the recession with top line revenues jumping 15%, to €296.7m, in the first three quarters of 2012 over the same period in 2011. A surge in demand for its enterprise cloud-based Unified Computing offering, combined with sustained international demand for pan-European private network services, have fuelled the Company’s growth. EBITDA rose to €52.8m in the first nine months of 2012, a rise of 23% over the same period in 2011.
Gareth Williams, Interoute CEO, commented: “Owning and operating Europe’s largest private cloud infrastructure means we are perfectly positioned to help enterprises take advantage of the benefits of innovative connectivity, communications and cloud computing services. In essence, we combine the unprecedented scale of the platform with the operational agility that comes with an ever increasing virtualised service offering.”
Joel Stradling, Research Director, Business Network and IT Services, Current Analysis, commented: “Abundant fibre and capacity reserves coupled with high-performance services, fast provisioning times and attractive pricing, put Interoute in a strong competitive position in the retail enterprise and wholesale carrier-to-carrier segments. The company has sensibly embellished these strengths with on-demand computing and its Virtual Data Centre offering, and the results presented today demonstrate positive take-up of Interoute’s Cloud based services.”
Interoute Communications Ltd is the owner operator of Europe's largest cloud services platform, which encompasses over 60,000 km of lit fibre, 9 hosting data centres and 32 collocation centres, with connections to 140 additional third-party data centres across Europe. Its full-service Unified ICT platform serves international enterprises, as well as every major European telecommunications incumbent and the major operators of North America, East and South Asia, governments and universities. These organisations find Interoute the ideal partner for computing, connectivity and communications and developing new services. Its Unified ICT strategy has proved attractive to enterprises looking for a scalable, secure and unconstrained platform on which they can build their voice, video, computing and data services, as well as service providers in need of high capacity international data transit and infrastructure. With established operations throughout mainland Europe, North America and Dubai, Interoute also owns and operates dense city networks throughout Europe's major business centres. www.interoute.com
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