FY 2016: Retarus Concludes Another Successful Business Year
NEW YORK, July 26, 2016 /PRNewswire/ -- The Retarus Group is once again looking back on a highly successful business year, with total turnover rising to €49.7 million in the fiscal year 2016, which ended on 31 May 2016. The company grew its Messaging Services business by 13.7 percent in comparison with the previous year. This positive business development was driven by a significant expansion in their large customer business and by stepping up strategic partnerships with systems integrators and carriers, but also substantially by Retarus' ever-growing international presence.
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In the USA alone, the company achieved a 44.3 percent growth in turnover after adjusting for exchange rate. Within Europe, the increase in turnover for FY 2016 was well above average at 8.5 percent. According to the reference value provided by the European IT Observatory (EITO), the turnover within the global IT sector rose by only 3.8 percent in 2015. The industry association Bitkom sets the growth figure for the German IT services market even lower at a meager 2.7 percent over the same 2015/2016 time period.
Retarus expands and optimizes worldwide infrastructure
In order to fully meet ever-higher requirements and expectations for security, data protection and compliance – and so be perfectly set up to cope with continued growth – Retarus intensified its investment into building up and optimizing its infrastructure around the globe. For instance, the company opened a new data center in Frankfurt am Main, thereby developing the local hub into full-fledged, autonomous site. The data center located in Switzerland was also expanded to enable it to meet and exceed the needs of its Swiss customers even better in the future.
In the US, strong growth over the past years led to the establishment of a new branch office in New Jersey, as well as the expansion of the data center sites in Chicago and Ashburn. To address and serve customer requirements along the London – New York – Singapore/Hong Kong financial axis even more closely, the group has also strengthened its market presence in Great Britain and the APAC region.
Future-proof communication processes for all sectors
"These positive business results reaffirm our strategy for long-term growth. Especially in these times of digitization and accelerating globalization an increasing number of global leaders from all industries and sectors are putting their faith in our Cloud Services and benefiting from our global delivery network for their business-critical communication," says Johannes Hecker, Chief Operating Officer for the Retarus Group. "Because no matter whether companies need to migrate to all-IP, are experiencing growing data volumes, or have to follow demanding security requirements as well as stringent data protection and compliance regulations – as global information logistics experts, we implement all the complex requirements for business process communication and facilitate a seamless and secure flow of information for our customers around the globe."
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SOURCE retarus Inc.
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