UKFast, a prominent cloud hosting provider, has achieved a significant milestone by tripling its public sector revenue in 2017. This remarkable growth follows strategic investments and key partnerships within the public sector, signalling UKFast’s strengthened position in the market.
The company’s proactive approach in enhancing its services and infrastructure has positioned it as a credible alternative to major cloud providers, driving substantial interest and engagement from public sector entities.
Strategic Investments Fuel Growth
In 2017, UKFast made a £2.3 million investment in its government data centre space, meeting the stringent regulatory demands of its diverse clientele, including government, financial services, and telecom sectors. This investment underscores the company’s commitment to providing robust, compliant hosting solutions tailored for the public sector.
Additionally, the acquisition of Secure Information Assurance (S-IA) further cemented UKFast’s presence in the public sector. This strategic move brought with it valuable relationships with entities such as the Ministry of Defence and the Cabinet Office, enhancing UKFast’s credibility and reach within government circles.
High-Profile Deals Boost Revenue
Recent major deals have significantly contributed to UKFast’s revenue surge. Notable contracts include an impressive £500,000 agreement with CDS, a £250,000 deal with the Cabinet Office, and a £375,000 transaction with an undisclosed public sector organisation. These partnerships reflect UKFast’s growing appeal as a cloud hosting provider capable of meeting the complex needs of large-scale public sector projects.
Each contract demonstrates UKFast’s adeptness at navigating public sector demands, delivering services that align with government priorities while ensuring data security and accessibility.
A British Cloud Alternative
Promoting itself as a strong British alternative to US hyperscalers, UKFast emphasises local economic benefits. CEO Lawrence Jones highlights the advantages of choosing a domestic provider, including keeping financial contributions within the national economy.
“It’s not just better value for money,” explains Jones, “but our clients appreciate the clarity in billing and local data storage.” This emphasis on transparency and local support is pivotal for government bodies prioritising straightforward, accountable partnerships.
With this approach, UKFast asserts itself as a prime choice for public sector organisations aiming to support the national economy.
Growing Private Sector Interest
UKFast’s public sector success has spurred interest from private firms, eager to leverage its expertise and certifications to engage with government clients. This crossover interest highlights the company’s prowess in navigating both public and private sector landscapes.
“We’re increasingly viewed as a credible alternative to US giants,” notes Martin Knapp, UKFast’s head of public sector, citing the firm’s strategic growth and client-centric model.
This burgeoning interest from private enterprises further validates UKFast’s position as a leader in cloud solutions, attracting a diverse portfolio of clients.
The Future of UKFast in the Public Sector
Looking ahead, UKFast is poised for continued growth within the public sector, driven by its focus on scalable, transparent services. Strategic investments and an unwavering commitment to client satisfaction remain central to its expansion plans.
As the company continues to innovate and adapt, its role as a key player in the public sector cloud landscape is likely to expand, solidifying its status as a trusted provider.
UKFast’s strategic investments and client-focused approach have propelled its public sector revenue to new heights. By delivering transparent, scalable solutions and fostering significant partnerships, UKFast has established itself as a formidable name in cloud hosting.
As it continues to evolve and expand its offerings, UKFast’s influence in the public sector is set to grow, reaffirming its commitment to excellence and innovation.