Reflecting on the year gone by: The LDeX Group 2014 highlights
Reflecting on the year gone by
So far this year, we have heard commentators give their views on everything from the regulation of drones to how companies can turn vast quantities of data into actionable insights through Big Data analysis. Technological forces such as the Internet of Things have caused major concern amongst IT executives with Gartner reporting that there will be over 40 billion connected devices in 2020. These forces will no doubt have a significant impact on the way that datacentres operate going forwards and providers will need to adequately prepare their networks and infrastructure.
It is clear to see that heightened awareness of these issues have set the wheels in motion as to what the key priorities will be for 2015. More corporate decisions will need to be made on whether or not to outsource company servers, systems and infrastructure to a trusted colocation provider.
With this in mind, it has also been a good year for the retail colocation industry with CBRE reporting that the highest take-up of colocation services was recorded in London, Europe’s largest market, with a total of 7.2MW being sold during the third quarter. This year, LDeX has experienced significant growth with more and more companies demanding flexible, scalable, bespoke and agile solutions which tailor to their needs. We decided to give you a taster of what have been the best moments for us over the past year!
Key highlights from LDeX Group
Over the past 12 months, LDeX Group has undergone a number of key changes in establishing itself as a London based colocation provider to a national datacentre operator in the United Kingdom.
Acquisition of Ping Networks Ltd
In November 2013, we acquired a successful managed communications services provider, Ping Networks, in order to enhance the group’s position as a colocation and network connectivity operator. Since then, the company has been able to leverage the expertise of staff qualified to CCIE level in managing and monitoring all network activity.
Formation of LDeX Group
Shortly after this announcement, the group was formed and both LDeX and LDeX Connect became subsidiaries of the group. Since then, we have attracted an array of tier 1 and tier 2 carriers and ISPs to the LDeX1 datacentre based in Staples Corner.
Increased focus on Marketing
In early February, we employed a Marketing Manager who has since enabled us to position ourselves as a national datacentre operator in the UK through a series of well thought integrated marketing, PR and social media campaigns, initiatives, press releases and thought leadership opinion pieces.
Deck the halls with racks and servers
With the increase in demand for colocation services, we managed to fill our second hall DC2A. We also built our third data hall DC2B to give existing and new clients the flexibility needed to scale operations according to customer demand.
Strong financials
We have again enjoyed a very good trading period with Group revenues having grown by 81%. As we have developed our media and streaming platform we have always been very focused on profitability and cash generation. In this period our overall group adjusted EBITDA percentage margin has grown to 42%.
Expansion news
We have been busy finalising arrangements to fit out our second datacentre in Manchester. There will be lots of exciting announcements leading up to the launch next year with lots of carriers coming on board. Stay tuned to find out more.
First ever award entry
This year, we put forward our very first LDeX Group award entry, which came runners-up for ‘Colocation services offering of the Year’ through a public vote. We were absolutely delighted to have done so well and we look forward to going on to enter and win lots more next year.
Investors in People Award
In November 2014, we were delighted to be awarded the Investors in People (IIP) accolade for best practice in employee engagement, having developed the company’s internal communications function over the last six months. Through best practice, we have aligned ourselves with Investors in People to ensure that LDeX Group is an attractive place to work for both existing and new employees.
Deloitte EMEA Fast 500
In November, we made an announcement that we were ranked number 189th on the Deloitte Technology Fast 500 EMEA 2014, a ranking of the 500 fastest growing technology companies in EMEA. Rankings are based on percentage revenue growth over five years. As an expanding datacentre operator, our growth has come as a result of our acute focus on providing best in class customer service as well as the team’s commitment to operational excellence.
Deloitte UK Technology Fast 50
Being ranked as the 31st fastest growing technology company in the United Kingdom at this year’s Deloitte Fast 50 awards was a definite highlight for us. The prestigious accolade was awarded to our growing company having achieved an exponential revenue growth of 897% over the last five years.
With a busy year ahead, we would like to take this opportunity to say a big thanks to all of our customers who put their trust in us to deliver their mission critical services.
Wishing you all a very merry Christmas and a prosperous new year!
All the best,
Rob Garbutt
