London expansion for LDeX

Manchester-based data centre and colocation provider LDeX Group recorded its best quarter ever in Q4 2016.

Following a string of major contract wins across both the Manchester and London sites, the business brought in an additional ?2million of contracted revenue over the last three months of the year.
 
As a result of this success, the company has begun a major expansion at its London facility, LDeX1, increasing the power availability by 1MW to accommodate these new customers and meet current customer demand.
 
Rob Garbutt, CEO at LDeX said: “2016 was a brilliant year for the business. We are proud to have made the move to Manchester and built such a strong portfolio of customers here already. To finish the year with a record quarter was the icing on the cake and this is testament to our skilled and hard-working team who continually strive to provide the best service for our customers.
 
“Having already expanded our data centre in Manchester, the London site expansion is the next step in our growth strategy. We are already on track to meet our financial targets this year and the results from the last few months are certainly motivation to continue in the same way. Despite the Manchester weather, 2017 looks bright already.”
Financial services face escalating data security risks from widespread generative AI usage.
Proton has launched Proton Workspace, a suite of business productivity tools, alongside Proton...
OutSystems introduces a new AI development approach, enhancing enterprise software with Agentic...
Node4 has launched an AI-driven Financial Operations (FinOps) solution designed to help UK...
A partnership between Applied Computing, Wipro and Databricks focuses on deploying AI in energy...
Smart Communications announces Satish Shenoy as Senior VP to enhance global partner strategy and...
Databricks is set to invest over $850 million in the UK to expand their AI and data ambitions,...
TXP has partnered with Otera to support the deployment of AI decision agents in UK mid-market...