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May 21, 2015

British cloud grows Exponential-e

Company has appointed Michala Hart as head of channel strategy.

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Exponential-e has revealed that its financial earnings for 2014 reached £60.6 million.

The British cloud and connectivity provider posted figures that show a 22% increase in total revenue for the year ending 31st January 2015.

EDITDA rose by 39% to £10.2 million and the company posted that pre-tax profits were up by 89% to £4.5 million.

In addition to these financial results, the company has stated that Michala Hart has joined as head of channel strategy.

Lee Wade, CEO, Exponential-e, said: "As we go from strength to strength in the domestic market and look to start expanding internationally, our exceptionally talented employees will continue to be instrumental in determining our achievements and driving innovation."

"Our financial strength and on-going success over the past year, is a great reflection on the people in our business. As we aim to grow our workforce by 29 per cent over 2015, we will be looking to foster talent among our new recruits by hosting our eighth training academy designed to equip employees with new tactics and business strategies that will bolster our future success as a company."

The company which now has services with over 1,900 companies across the UK, will mark its 12th consecutive year where it has shown double digit growth.

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Maria Capella, chief operation officer, Exponential-e, said: "We are immensely proud of what our company has achieved over the last year. Exponential-e continues to grow at a rapid pace through organic growth and outstrip the competition whenever we can."

"As we continue to mature, our company remains committed to our founding values and beliefs – putting the customer first and leading the market."

"Accordingly, we have joined the Institute of Customer Service (ICS) and put employees through intensive customer service training, offering them a chance to gain ICS accreditation so that we can achieve our objective of creating a truly customer-centric organisation."

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