Latisys, a provider of hybrid cloud hosting solutions with several data center locations across the U.S., has extended its Cloud Enabled Systems Infrastructure (CESI) platform to the UK. The deployment of the CESI platform in a high density, Tier III data center in London, marks Latisys’ ambitious plans for further expansion into Europe.
From its UK data center, Latisys will immediately offer a hybrid mix of enterprise-grade private and multi-tenant cloud featuring compute, networking, storage, backup and security delivered with self-service capabilities and cloud-bursting.
The company’s hybrid cloud hosting solution is aimed at complex, mission critical workloads and requirements supporting a wide range of industries – from Software as a Service (SaaS) providers to enterprise ERP & OSS applications to global IT services & consulting practices. The cloud hosting solutions are tailored to a multinational or domestic client’s unique requirements and delivered via single site or multi-site configurations.
$300M from Private Equity
Since its inception in 2007, Latisys has raised $300 million in total capital from its Private Equity partners and some of the world’s leading financial institutions. The company’s free cash flow positive position would provide significant flexibility and control for exploiting the growth opportunities on the horizon. Over the past 12 months, Latisys surpassed $100 million in run rate revenue with accelerating growth driven by several key trends:
- Significant increase in enterprise managed hosting and cloud sales – up 65% from 2012 to 2013
- 35% growth in multi-site deployments from 2012 to 2013, which today account for nearly 40% of total revenues
- Significant growth in hybrid deployments in which customers leverage a mix of IT infrastructure services – cloud hosting, managed hosting, data center services – for a highly flexible solution tailored and optimized on a workload-by-workload basis
“Expanding from our national platform in the US to new international markets represents a natural evolution for Latisys, and we look forward to demonstrating the business benefits of our unified platform to European and US multinationals alike,” said Pete Stevenson, CEO of Latisys. “When we started Latisys in 2007, our goal was to build the most flexible, high performance, hybrid IT infrastructure platform in the industry. By integrating best-in-breed technology with process automation, operational best practices and a company-wide culture to serve as an extension of each customer’s IT team, we’ve always had a model that can scale – for customers and investors – and now internationally.”