Tuesday 02 April 2024

*UKHotViewExtra* Datum data centres quietly gaining ground

datumFarnborough-headquartered, Datum, is a small but very nicely formed data centre provider. With sites at both the Cody Technology Park in Farnborough and in Manchester (close to the Enterprise zone), the firm has a very impressive set of blue-chip clients. Around 75% of Datum’s revenue comes from Enterprise customers, with a very nice spread of FTSE 100, FTSE 250, and Fortune 500 companies in its client portfolio.

We’ve been tracking Datum for many years. In 2021, Datum was acquired by UBS Asset Management Real Estate & Private Markets - funded by shareholder debt rather than equity. Datum was originally part of the same Darwin-backed Group as Attenda, which was sold to Ensono in 2016. Darwin remained a key investor in Datum – alongside other private individuals. At the time, UBS said it wanted to expand the site andhvp “develop the successful business into a broader platform”. And about a year later (September 2022), Datum acted and acquired Manchester-headquartered, Teledata, giving it an important regional presence in the North-West. Furthermore, the firm has been granted planning permission for the development of a new data centre building on what is currently unused space next to the existing Farnborough facility.

I recently took a tour of the firm’s data centre in Farnborough, hosted by CEO, Dominic Phillips and CFO, Mark Richards. The first thing you notice is the level of security – both onto the park and then into the data centre itself. Nobody’s getting in there that shouldn’t be in there!

TechMarketView clients, and UKHotViewsExtra subscribers, can read the piece by Chief Research Officer, Kate Hanaghan, HERE.

Posted by HotViews Editor at '08:15' - Tagged: datacentres