Exclusive. Russia’s IXcellerate grows revenues by 30% in just a year
Business seals the deal with giants such as Huawei and Tencent Cloud who are now providing services out of IXcellerate’s Moscow facilities.
Moscow-based data centre operator IXcellerate’s revenues have increased by 29.4% in 2019,when compared to 2018, Data Economy understands.
The latest book figures expose a growth that outperforms the Russian market by as much as 50%, largely triggered by “significant investment in new capacity in the Russian capital”, the company said, as well as “due to a number of major hypercloud deals signed during the year”.
With the latest figures, IXcellerate has been propelled to the top two position on the Russian market behind flag carrier Rostelecom. IXcellerate growth rates are 50% higher than market average due to a number of major hypercloud deals signed during the year.
A group of three international hypercloud players signed contracts with the operator last year, including Tencent Cloud and Huawei.
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IXcellerate built and brought online in 2019 Moscow Two Datacentre in six months. The opening ceremony was officiated by HRH Prince Michael of Kent, a Russian-speaking Romanov descendant and Patron of the Russo-British Chamber of Commerce.
Three months after, almost 90% of capacity had been contracted by current and new customers. This second data hall on IXcellerate’s 300,000ft2 campus has achieved Tier III Design Certification from Uptime Institute.
Guy Willner, CEO and co-founder of IXcellerate, said: “Our excellent team executed on-plan the first part of our 5-year $260M expansion program for the Russian Federation, aiming to win 25% of the local market by 2023.
“Today, our company remains focused on its original mission – to build a network of the most powerful and advanced data centers in Russia, with the best technology, customer service and team. IXcellerate is ready for this rapid growth and plans at least one new hypercloud-ready campus in 2020”.
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