Wythenshawe data centre operator TeleData has reported 28% growth in recurring revenue for the first half of 2020 and is on track to hit record revenues.
Manchester’s only independently-owned data centre, which was founded in 2007, saw its colocation service increase by 15% during the period and cloud revenue, from both public and private hosting, grow 48%.
Commercial Director Matthew Edgley (above) said: “It’s been positive to see that despite the many challenges 2020 has brought, our earlier investments into connectivity and capacity are starting to reap dividends.
“Covid-19 brought significant hardship to a great many businesses, but as a result digital transformation has accelerated, driving the market forward as companies realise the benefits of a resilient, agile and scalable IT infrastructure.
“It’s our job now to continue to provide robust and reliable solutions for our clients, making additional investments into capacity and emerging technologies where required, to enable our customers to continue to run their businesses with peace of mind that their IT infrastructures are secure and business continuity is guaranteed.”
Work began recently on a £2m expansion project to increase the company’s data centre footprint by 7,000sq ft, which will bring up to 200 server racks online.
The company also invested more than £1.8m into resilience, energy efficiencies and cloud product development during 2019, expanding its business’ product portfolio and “strengthening its proposition as a serious player in the data centre hosting and cloud services sector”.
