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Thursday 25 November 2021

Mid-market demands drive Node4 growth

nodCloud and Managed Services Provider, Node4, has undertaken some research into the UK mid-market (where it is focused), which has highlighted the need for players such as it to drive forward technology adoption.  

The research underlines that UK buyers in the mid-market will increasingly turn to Node4 and peers such as Pulsant, Digital Space, iomart and Six Degrees for managed services, including greater use of cloud. With IT departments often being relatively small, outside expert help is often essential.

The research not surprisingly also highlighted the need for greater investment in cyber security, especially considering the fact that so many mid-market firms hastily rolled out cloud-based services during the earlier phase of the pandemic. indeed, revisiting those and ensuring their resiliency is a task not just for the mid-market but organisations of all shapes and sizes. However, almost half of respondents to the research said their current IT budgets were not currently sufficient to meet their aspirations.

Node4 has been performing strongly, with the top line buoyed by both acquisitions (Starcom was the last one within its financial year to end March 2021, but there have been more since) and strong organic growth. Indeed, in the current financial year, that organic growth rate is expected to hit 17-20%, with revenue exceeding £100m.

Posted by: Kate Hanaghan at 09:30

Tags: cloud   managedservices   mid-market  

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