Hosting365 takes a €3m walk in the clouds

17 Nov 2008

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Dublin data centre firm Hosting365 has revealed it has signed €3m worth of cloud computing deals with a number of prominent Irish-based companies, including Viridian, Carphone Warehouse, Tesco Mobile, Webtrade, TV3 and CityJet.

Hosting365 recently completed a €2m investment in new infrastructure and created 20 jobs in February.

It also sold business division Register365 to Namesco for an undisclosed amount in May.

The company also plans to hire an additional 14 staff in its Dublin and Polish offices by the end of the year.

The general manager of Hosting365 Ed Byrne said that Dublin is fast becoming a world centre for cloud computing operations “as evidenced by the deals we have announced today, and also the decision by IBM to make Ireland the home of its first cloud computing centre.”

He said the strategic move to focus on cloud computing has made it possible for the company to weather the current economic storm.

“These deals are proof that the strategic decision we made to focus Hosting365 on hosted managed services for the enterprise market has paid off,” Byrne said.

“Through our cloud computing platform Irish companies can, for the first time, avail of the benefits of a multimillion euro infrastructure for a cost less than a traditional dedicated server.

“In the current economic climate, companies have realised that they are overspending on IT, and their existing investments are often under-used.

“The outsourced managed services model is a cost-effective solution as they can take advantage of our economies of scale,” Byrne said.

Hosting365’s existing clients include the Irish Stock Exchange, the Department of Social and Family Affairs, Certified Public Accountants of Ireland, O2, daft.ie and entertainment.ie.

By John Kennedy

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Editor John Kennedy is an award-winning technology journalist.

editorial@siliconrepublic.com