London’s Virtus Data Centres doubles annual revenues

VirtusLondon based Virtus Data Centres has announced it has doubled its revenues over the last twelve months, though the team haven’t released any specific numbers to substantiate the claim.

The company has recorded a healthy number of new customers throughout the period, including T-Systems which runs its private and public cloud operations from the London2 location in Hayes, as part of a five year transition project to close its private data centre in Feltham. Virtus has 40MW of capacity across its three locations, having acquired the London4 site in Slough during the latter stages of 2015 from Infinity SDC.

“Our aim is to combine cutting edge design and technology with transparent and agile commercials to offer the very best tailored solutions and service for our customers,” said Neil Cresswell, CEO at Virtus Data Centres. “This unique approach to data centre service delivery is the reason we see continued growth across all business lines with the likes of T-Systems and Symantec collocating in our leading facilities. It’s been a fantastic start to the year, and one which we seek to improve upon.”

The company, which has been in operation since 2008, offers traditional retail and wholesale colocation models, through three locations in the London area (Enfield, Hays and Slough) will a fourth set to open early next year. Virtus also boasts to have the highest total colocation MW sales of any operator in the London market throughout 2015, according to findings from CBRE, and is only one of four data centre operators in London to have been awarded Tier III design certification from the Uptime Institute. Virtus has also been expanding its credentials and capabilities in recent months, achieving supplier status with the Crown Commercial Service as part of the G-Cloud 7 initiative.

Recent expansion initiatives have been driven through investment from ST Telemedia, which was announced last year in June. As part of the agreement, ST Telemedia will make what it claims is a ‘significant investment’ into Virtus committing to a 49% via a Joint Venture with Virtus’ existing owner Brockton Capital. ST Telemedia has a healthy track record when it comes to data centre companies having launched i-STT in 2000 which was later merged into Equinix (it has now divested), as well as investments in Level 3 Communications and GDS Services.