The newest division of a prominent British hosting firm has reached a significant milestone within its first full quarter of trading.
Specialising in managed support and migration services for public cloud hosting, the venture has shown promising early success.
Impressive Financial Performance
In its initial quarter, the new division achieved a £600,000 run rate. This remarkable start reflects the team’s proficiency and market demand for their services.
Despite only commencing billing in September, the venture is on track to meet its ambitious sales target for 2018.
High-Quality Managed Support
The division focuses on delivering high-quality managed support and migration services for public cloud hosting from major providers. Esteemed names like Amazon Web Services (AWS) and Microsoft Azure are at the core of their offerings.
Multiple clients, including a financial services organisation and several promising software startups, have already adopted their services.
A notable global gaming company is also among the early adopters, further highlighting the division’s capability in catering to diverse industries.
Leadership and Expertise
Headed by Matt Bibby, a former AWS Global Architect, the division benefits from his extensive experience and leadership.
Bibby’s guidance has been instrumental in securing impressive client wins, contributing significantly to the venture’s rapid growth.
His previous roles have provided him with the insights and skills necessary to lead a dynamic team in a competitive market.
Company Culture and Support
The culture of world-class support, ingrained in the parent company’s ethos, is a key differentiator for the new division.
Lawrence Jones MBE, the CEO, emphasises the importance of drive, passion, and camaraderie in building something exceptional.
According to Jones, this supportive culture has allowed the team to add their unique touch, enhancing the new business’s appeal and effectiveness.
Strategic Location and Resources
Operating from an incubator space alongside numerous startups, the division is ideally positioned to leverage shared knowledge and resources.
Being based at a tech incubator provides a conducive environment for innovation and collaboration.
This strategic location has facilitated a steep learning curve and dynamic work environment, fostering rapid adaptation and growth.
Customer Benefits and Future Prospects
The integration with the parent company’s systems and people has given the new division the strength of an established brand along with the agility of a startup.
Clients have benefited from this unique combination, which has been a significant factor in the positive early feedback.
With a couple of senior tech experts on board, the division’s managed support services are poised for future success.
The new division’s astounding early performance underscores its potential for continued success.
With strong leadership, a supportive culture, and strategic positioning, it is well-prepared for rapid growth and future achievements.