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European Data Center Operator DEAC Reports Strong Financial Growth in 2014


News provided by

DEAC

Feb 12, 2015, 09:00 ET

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RIGA, Latvia, February 12, 2015 /PRNewswire/ --

DEAC has successfully concluded its financial year 2014, showing strong and stable results in export growth and increase in demand for data center solutions. DEAC experienced another strong year, achieving a raise of the total revenue up to 20% from previous year. The Company's strong progress in the last five years led to fivefold increase in revenue, which further strengthens DEAC to stay on track with their strategy to become one of the leading European data center operators.  

Despite the global economic downturn, DEAC achieved continued growth of customers from Russia and Europe during the last year. Persistently high activity reported in Russia and CIS countries, bringing up to 49% of total revenue, the second largest market - Europe - holds up to 50% of overall turnover. The Company points out that effective use of new market expansion strategy also raised demand for DEAC services in Northern America.  

Evaluating last year's results, DEAC CEO, Andris Gailitis points out: "The current economic situation is diametrically opposite to that which was at the beginning of 2014. But still DEAC data center services are exported in more than 40 countries of the world, and a growing demand acknowledges that more and more customers prefer modern IT solutions to optimize their business processes."

DEAC has actively expanded its presence in new markets, and since 2014 customers from Northern Europe, the USA, the Middle East and the Far East use its services at the highest level. DEAC named cloud solutions, especially private cloud and public cloud, as the most demanded services in 2014 for its customers.

Today DEAC customers use superfast implementation of data center services, one of the fastest in Europe, that allows customers to save time, reduce costs as well as plan and manage their business processes more effectively.

ABOUT DEAC  

European data center operator DEAC is one of the largest data center operators in the Northern Europe. It provides secure data center services to more than 2,500 customers worldwide. A wide range of IT solutions allows DEAC customers to protect their business and achieve optimal cost reduction, through correct analysis of business needs and using a selection of IT solutions in accordance with the strategy of the company and its long-term business objectives.

For more information:
Mrs. Alina Zizina
Marketing and Development Department group leader, DEAC
E-mail: [email protected]
http://www.deac.eu/

SOURCE DEAC

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