eCloud Investment Pays Off For UKFast
Article date: Tue, 18 Dec 2018 00:28 GMT
Annual revenue from British hosting firm UKFast’s flagship eCloud® has grown to more than £20m, as continued investment in the platform pays off.
UKFast is investing heavily in the eCloud platform and recently announced an upgrade in chip architecture to the latest Intel® Xeon® Scalable processors, which offer enhanced performance and are set to deliver the firm’s fastest ever cloud.
Alongside investment in Intel chips, UKFast is focussing its energy on back-end feature development and on implementing an API-first approach to the eCloud portfolio, enabling the firm’s R&D team to push out features for clients much more effectively.
Improvements to the platform pave the way for a host of new products and features, including new high-GPU options for AI and machine learning development set to launch in Q1 2019.
UKFast CEO Lawrence Jones said: “By continuously reinvesting our profits back into eCloud we’re building a truly world-class platform that grows alongside our customers. We’re able to retain a high percentage of our customers because they really feel the advantage of being on a superfast platform that’s constantly developing.
“Next year is looking incredibly exciting as we develop new products around AI and high-GPU processing.”
With UKFast on track to declare £53m revenue in 2018, eCloud now delivers 43 per cent of overall revenue, hosting thousands of clients from public sector and government organisations to global blue chip businesses and SMEs.
In July UKFast announced the appointment of Neil Lathwood as CTO to accelerate the firm’s DevOps approach and deliver even greater automation within its products and processes.
UKFast CTO Neil Lathwood said: “It’s been a great year for product development. Metro Storage Clustering is now available across both Hybrid and Private eCloud, providing excellent levels of resilience. eCloud Burst then launched in September, enabling customers to instantaneously scale into a pool of unlimited cloud resources.
“We’re in constant communication with our clients so we are able to prioritise the features they want to see and roll them out quickly. 2019 is our year of innovation.”
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