DataSolutions end of year growth hits the €40m mark
By Maurice Garvey
CLONDALKIN-based IT distributor DataSolutions announced its best ever year, growing group revenues by 34 per cent to €40 million for year-end March 2018.
The company has doubled its business in the past three years and feels it is on-track to grow to €80 million by 2021.
Michael O'Hara, DataSolutions group managing director
This growth has created 20 new jobs and an €8 million expansion fund, with the firm aiming to increase its workforce to 50 in the next three years.
DataSolutions expanded its operations to the UK at the beginning of 2016, investing over €5 million.
Its UK market now accounts for 30 per cent of DataSolutions business and the company expects this to grow to 50 per cent in the next three years.
Developing this expansion fund to continue growth in Irish and UK markets, part of this is earmarked for acquisitions.
Michael O’Hara, group managing director, DataSolutions, said: “After almost three decades of growth in Ireland, it’s been a novel, exciting, but also a challenging experience, growing from a start-up position in the UK to build our brand there. Establishing a foothold in the UK opens huge possibilities for us and doing so in advance of Brexit is something that we feel is a smart step in future-proofing the business from whatever the final outcome may be.”
DataSolutions recently announced a €105,000 investment to help partners in Ireland and the UK drive sales leads for cloud and Hyper Converged Infrastructure (HCI).
The specialist IT distributor is also benefitting from a number of industry trends, including cyber-attacks on businesses, which has led to a high number of organisations increasing their investment in information security to protect assets.
DataSolutions will host its sixth annual Secure Computing Forum in the Aviva Stadium on September 20 with more than 400 IT and business professionals expected to attend.
