Wednesday 24 November 2010

11th November 2010 - Tech Specialist Doubles Turnover For Third Year Running

Global economic woes haven’t stopped the region’s only virtualisation specialist double its projected turnover for the third year running and push through the £1.5m turnover point.

Newcastle-based SITS Group is about to move to bigger offices at Quorum Business Park to accommodate growing staff numbers after hitting its growth targets eight months ahead of expectations.

SITS has also recently joined an elite group of technology experts after being awarded two sought after industry accreditations.

The company specialises in the £180billion market for virtualised computer solutions and is the only specialist within the North East.

Virtualisation works by creating networks of virtual servers housed on a small number of physical machines, which reduces operating and capital costs while boosting resilience and efficiency.

Commercial director Phil Cambers says the board is delighted with the company’s results: “Our predictions were that turnover would reach just under £1m by the end of year three, which is actually next summer, but we are actually on target to achieve £1.5 M turnover by next March.

“We achieved our first year’s sales targets in just five months and we’ve repeated that pattern of 50% growth year on year. This is great news, especially in the teeth of a fairly challenging recession.

“Part of our success is down to more organisations turning to virtualised solutions to help them lower costs and manage their IT assets much more efficiently. The average non-virtualised IT environment is likely to be running at about 10% of its capacity, which is a chronic waste of assets, and sadly it’s the case at so many organisations.

“In the North East, our findings show that around 75% of organisations have made no significant IT investment in the last two to three years, and a lot of that comes back to the fact that their existing infrastructures are simply not delivering the return on investment that they should be.

”Helping businesses from SMEs through to global names to get more out of the infrastructure they already have in place, and future-proof their investment so the IT is scalable alongside the growth of the business is actually fuelling the growth of our own business too.”

As part of the company’s plans to open up new markets next year it will tap into the cloud computing market by offering IT as a completely bought-in service for clients who do not want to host any IT on their own sites, or invest directly in their own IT infrastructure.

Virtualisation solutions market leader VizionCore has awarded SITS Platinum Partner status, making it one of only eight in the UK licensed to advise on top tier solutions; and Dell, the world’s third largest Server and PC manufacturer, has named SITS a Dell Enterprise Architecture Partner.

“There’s no denying trading conditions are tough, and set to remain so,” said Phil.

“But we are fairly bullish about the fact that our expertise is helping businesses of all types and sizes to save money and improve their efficiency, and when times are hard that’s more important than ever. That’s one of the reasons we are very optimistic about the future.”

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