Redstor announces Cloud business growth

Redstor, a leading UK provider of data protection and cloud services, has announced its continued growth through 2014.

The five financial months to April 2014 saw continued growth for Redstor:

- Year-to-date turnover was 62% ahead of the previous year
- Total Gross Profit increased by 28%
- Gross Profit from Redstor cloud services was 20% ahead of prior year

The combination of a strong and loyal customer base, resulting in a large proportion of recurring business revenue, as well as number of significant new wins, means continued success for Redstor and provides a springboard for future investment and growth.

Redstor continues to see significant growth in sales of its cloud-based backup services. Alongside this, Redstor continues to invest in the research and development of complementary cloud services to deliver to its customers. This most recently resulted in the launch a cloud file sync and share service as well as a virtual disaster recovery service.

During 2013, Redstor strategically reviewed its business; the cloud service provider increased its staff number by 20%, with particular growth in its sales and marketing teams. As a result, Redstor has reported an increase in sales, particularly in the commercial space, during 2014.

Paul Evans, Managing Director of Redstor, said: “At Redstor, we understand the benefits of cloud services first hand, as the systems we use at Redstor for running our business from Marketing, through to CRM, Accounts, Case Management, Email, People Recruitment are all cloud-based.”

“We will continue to invest in innovative cloud solutions while remaining focussed on delivering excellent service and expertise to our customers. We expect continued growth in both the top and bottom line through 2014.”