Denver, Colorado – (The Hosting News) – March 30, 2007 –
Adaptable colocation and managed hosting solutions firm, ViaWest, has reported double-digit revenue growth, triple-digit EBITDA growth and a 45 percent jump in increased existing customer demand in 2006.
According to the company, the metrics, combined with strong market growth across the industry, contributed to ViaWest posting its best year financially in the company’s history. ViaWest increased its total revenue growth in 2006 by 53 percent as compared to 2005. The majority of its revenue growth was driven by companies turning to ViaWest to manage their critical data and IT infrastructure needs through colocation and managed hosting services. Revenue from customers utilizing its colocation and managed hosting services jumped 56 percent over 2005.
Roy Dimoff, CEO and Co-founder of ViaWest remarked, â€œWe have watched demand for managed hosting and colocation services steadily increase, particularly among small and mid-size businesses, as companies realize the need to invest in reliable secure hosting, on-demand support and data recovery options. This heightened demand helped ViaWest outperform our 2006 growth targets. Last year, we expanded into Portland by purchasing a Tier-1 datacenter, signed more than 100 new customers and realized a 56 percent increase in revenue for colocation and hosting services in Colorado. Looking ahead to 2007, we are on track to further accelerate our success both organically and through additional expansion opportunities in new markets.”
While the company has steadily built out state-of-the-art datacenters in three states, Colorado continues to reflect a growing market. In 2006, ViaWest grew its revenue in Colorado for colocation and managed hosting services by 56 percent over 2005. Demand from customers in Colorado opting for additional services increased by 100 percent.
ViaWest’s success in 2006 was also fueled in part by the continued growth for managed hosting and colocation services throughout the industry. According to a recent study by IDC, a leading analyst firm, the U.S. web hosting services market was $6.9 billion in 2005, and is expected to increase at a compound annual growth rate of 16 percent over the next five years, reaching $14.5 billion in 2010. IDC also reports that managed services penetration will continue to grow.
Dimoff added, “For ViaWest, much of our growth comes from small and mid-size businesses that benefit from the efficiencies gained by utilizing an experienced and established organization like ours to support their critical data and infrastructure needs. Not only do we alleviate the high cost associated with businesses trying to manage their IT requirements on their own, but we bring an enormous amount of technical knowledge and proven expertise that enables companies to spend more time and resources focusing on their core competencies and growing their businesses.â€
ViaWest provides colocation, managed hosting solutions and comprehensive services to mid-sized businesses. Headquartered in Denver, Colorado, with additional Tier 1 data centers in Utah and Oregon, ViaWest offers technology infrastructure solutions and critical resources to support business needs. ViaWest currently serves thousands of customers nationwide including Frontier Airlines, the Denver Broncos, Exclusive Resorts and Chipotle. The company was named One of Denver’s Top Corporate Philanthropists and One of Colorado’s Top 10 Mid-size Best Companies to Work For.
For more information about ViaWest, please visit: www.viawest.net.