Version 1 claims surge in demand from UK and Irish businesses for cloud tech

20 Jun 2014

Fast-growing IT services provider Version 1 has reported a surge in interest among Irish organisations in cloud computing. The company is hitting the road across the UK and Ireland to educate firms about the technology.

As part of the series it held an event in Cork this week entitled ‘Enterprise Cloud — Barriers, Benefits, Hype and Reality’.

“We have seen a rapid rise in interest from a multitude of business sectors seeking to understand the concept of cloud computing,” said Peter Smyth, head of managed services at Version 1.

“This breakfast briefing helped us satisfy this demand from a range of companies based in the Munster region. They not only got an insight into the experience of Version 1 in terms of helping companies prepare for and embrace the benefits of the cloud, but also insights from Swiss Post Solutions, who went through the whole process.”

Version 1 fosters ambitions of becoming a €1bn in revenue per year service player within a decade and in recent months has accelerated its acquisitions strategy.

In November, the company acquired the UK business operations of Northern European IT services company Tieto Corporation and in January it acquired IT consultancy Rocela Group.

Version 1’s total employee numbers now stand at 500 (100 UK employees) with forecasted full-year 2014 revenues of stg£52m (€62m).

The systems integration and IT outsourcing company has experienced a surge of interest in cloud during the last 12 months.

Version 1 is a Silicon Republic Featured Employer, comprised of top tech companies that are hiring now

John Kennedy is a journalist who served as editor of Silicon Republic for 17 years