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Datacom sees revenue climb to billion-dollar mark

Datacom sees revenue climb to billion-dollar mark

Continues to invest in strategic parts of the business

Datacom CEO, Jonathan Ladd.

Datacom CEO, Jonathan Ladd.

IT services company, Datacom has seen revenue increase 13 per cent to $NZ1.058 billion during its financial year, ending March 31.

After tax profit was up 11.9 per cent to $NZ27.2 million on the previous year.

Datacom in Australia and Asia saw revenue increase 12.9 per cent on the previous year and the New Zealand operation revenue increased 13.1 per cent.

Capital expenditure increased 35 per cent to $40.6m, which reinforces Datacom’s ongoing work to standardise and enhance all infrastructure, security and business services to support coordinated Australia and New Zealand growth.

Operating expenditure on new investment lines of business was up 58.4 per cent to $17.9m in 2014-2015 as the company continues on its investment programme to enhance the business with new products and services, predominantly in its own intellectual property and vertical markets specialisation.

“We’ve expanded significantly to ensure that we can bring to market the benefits of new technologies, combined with our geographic and infrastructure reach which complements our local touchpoints,” Datacom CEO, Jonathan Ladd, said.

Datacom opened four new offices over the year and now operates from 29 locations across New Zealand, Australia, Malaysia, Philippines, the UK and the USA.

The company saw customer demand for hybrid cloud services and new software offerings that was capped off with some significant customer wins in the enterprise and government sectors.

Datacom is also focused on expanding expertise in digital practices, data analytics, enterprise, and industrial mobility which were also driving multiple new consultancy engagements across Australia and New Zealand.

Ladd also noted the cyber security market as a significant area of focus for Datacom, which also recently invested a purpose-built Cyber Security Incident Response Centre (CSIRC) located in Canberra.

Datacom Kuala Lumpur and Manila reported solid results for the year delivering multilingual managed services, complex cloud platform management and a wide range of project services to both global and Asian organisations.

Attracting and retaining skilled ICT professionals is also another area of focus for Datacom, which currently has about 4661 employees - 2729 in New Zealand and 1932 in Australia and Asia.

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