Business
New Cloud Contract Wins
New Cloud Contract Wins.
About this update from Iomart Group Plc
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 1403C Iomart Group PLC 02 March 2011 \n \n\n2 March 2011\n \niomart Group plc\n(\"iomart\" or the \"Group\")\n \niomart continues to make headway in the Cloud with new contract wins\n \niomart (AIM:IOM), the cloud computing and managed hosting services company, continues to see strong demand through its iomart Hosting business for the outsourcing of IT services to the cloud. This operation is now closing between 30 to 40 new orders per month from both new and existing customers, having won several significant new contracts in the past few months.\n \nFour recently signed contracts, from both new and existing customers, for the provision of a range of complex hosting services, have a combined contractual value in excess of £1.8m. These contracts provide further evidence that cloud and virtualised environments are fast becoming the de facto method of delivering technology services and applications at the enterprise level.\n \nThese new contracts have been secured with office2office, the specialist provider of managed procurement and business critical services, GMG Radio, part of Guardian Media Group, one of Britain's leading radio businesses encompassing the Real Radio, Smooth Radio and Rock Radio brands, a leading pan European network provider and a well known recruitment company.\n \nAngus MacSween, CEO of iomart Group commented:\n \n\"We believe that cloud computing has reached a tipping point, having significantly moved through the early adopter phase over the past six months. Almost every company, regardless of sector or size that we speak to is considering either a full or part cloud solution for their IT needs.\n \n\"The differing types, or definitions, of cloud computing are now becoming widely accepted and understood, and definite purchasing trends are beginning to emerge. We are finding that the micro business is embracing the public cloud, whilst the enterprise and mid market is seeking the reassurance, scalability, security and reliability that a high availability hybrid or private cloud offers.\"\n \niomart intends to issue a group trading update around the end of its financial year, being 31 March 2011.\n \nFor further information:\n \n\n\n\n\niomart Group plc\n\n\nTel: 0141 931 6400\n\n\n\n\nAngus MacSween, Chief Executive\n\n\n...