Welcome!

Recurring Revenue Authors: Pat Romanski, Liz McMillan, Elizabeth White, Yeshim Deniz, Zakia Bouachraoui

Blog Feed Post

Oncore IT and 5W merge to target large enterprises with Best-in-class cloud services and infrastructure consultancy

April 3, 2014 - Oncore IT, a London-based SMB[1] focused Cloud services provider, today announced that it has completed a merger with 5W Storage Services [5W], a specialist enterprise infrastructure consultancy located in Utrecht, Holland. This will enable the combined company to proactively target large enterprise organisations seeking to utilise the cloud to meet their IT requirements.

Since 2004, Oncore IT has focused primarily on the SMB sector and invested significantly to create a best of breed multi-tenanted cloud platform operating from data centres in London and Amsterdam. Oncore IT has over 100 customers in a range of verticals including legal, financial, insurance, retail and logistics.

The merger will allow Oncore IT to augment its service offering by acquiring considerable enterprise level data storage and IT infrastructure expertise from 5W so that it can gain market share working with bigger organisations from a cloud service perspective.

In contrast, 5W has built an enviable reputation working with 60 large enterprises in the Netherlands designing, implementing and managing enterprise IT infrastructure located in its customers' data centres. The business has a broad range of experience working in a range of industries such as oil & gas, shipping, automotive, government, finance and banking, utilities, along with IT distributors and systems integrators.

With its focus on high-end independent consultancy and IT management using an out tasking model, joining with Oncore IT will allow 5W to expand its portfolio to offer cloud-based services to its installed base and new customers, capitalising on Oncore IT's cloud platform, technical team and dedicated account managers.

This is pertinent as most enterprises today are readily including cloud in their IT strategies as confidence in it has grown. Analyst group, Gartner, predict that from 2013 to 2016, $677 billion will be spent on cloud services worldwide.[2]

Michael Croft, Oncore IT's chief executive officer, says, "The merger offers true synergies for both organisations and ultimately our customers especially as we're targeting the same technical landscape - data and its storage - but from different ends. Our heritage is SMB and cloud, 5W has been on premise IT infrastructure focused working with bigger companies. Combining our skills and using our existing cloud platform will enable us to collectively add customer value, compete better in the competitive cloud marketplace and, by virtue of this, increase revenue."

The new senior management team
The business will be led by Oncore IT's chief executive officer, Michael Croft, with 5W's founding directors, David Ward and Ferdi Koperdraad, respectively appointed as chief technology officer and chief operating officer to bolster technical leadership. Both have years of experience working as trusted architects and infrastructure managers for some of Holland's largest public and private organisations.

The combined company will have a turnover of over £5 million and employ 50 staff. Oncore IT is anticipating this increasing to £8 million over the next 18 months based on the pipeline of current new business opportunities.

Investment in cloud infrastructure and data services
Last year, Oncore IT went through a considerable period of investment to enhance its cloud platform. Today, it utilises solutions from Hitachi Data Systems [unified storage and content platforms along with blade infrastructure], Brocade [datacentre switches and Ethernet Fabric technology], VMware [virtualisation platform], and Asigra [online data backup].

Paul Cook, sales and marketing director, says, "Despite the economic climate, we've continued to invest in our future, focusing on customer service such that our client retention rate is 95% year on year. The merger with 5W is the next step to augment what we've been doing to expand our client base as well as cross and upsell to existing customers."

In addition to offering traditional hosting, co-location, IT managed services and cloud solutions, Oncore IT's strategy has evolved to become strongly data and storage centric with a range of additional services now provided including online data back up, archiving, data recovery and SAP solutions.

With its roots in data storage, 5W's experience covers all mainstream enterprise vendors including NetApp, HP, Hitachi Data Systems and EMC managing multi-petabyte storage environments. It uses a proven methodology to accelerate deployment based on years of experience and best practice knowhow. 5W also works on large-scale compute and virtualisation projects, as well as building big, complex geographically dispersed data base clusters using Oracle and SAP. Moreover, it provides business continuity and disaster recovery planning services.

David Ward, 5W founder and director, says, "We'll be focused on advising all of our combined clients about their total corporate data strategy and how to approach storage cost effectively whilst ensuring compliance, regulation and governance demands are met. This is what clients need most help with and is where we will add real value as a combined 5W and Oncore IT force."

Holland the springboard to Europe
Holland is often seen as a gateway to Europe in terms of Internet and data centre services. The world's largest Internet junction - AMS-IX - is located in the Netherlands, with around a third of European data centres located in Amsterdam alone according to the Netherlands Foreign Investment Agency.[3]

Oncore IT has replicated data for some years between its data centre facility in London and its site in Amsterdam. The merger will allow the combined business to grow immediately as 5W will start to deliver cloud services locally in the region further to minor changes to the data centre configuration.

[1] Small to medium sized business
[2] http://www.gartner.com/newsroom/id/2352816
[3] Source: http://www.nfia.com/nl_news/971/The-Netherlands-is-emerging-as-a-data-center-country.html

-ENDS-

Notes to editors
For further information about Oncore IT and 5W, please visit http://www.oncoreit.com/ and http://www.5wss.nl/

Media contact
Tom Herbst
Tom Herbst PR
07768 145571
[email protected]

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

IoT & Smart Cities Stories
The graph represents a network of 1,329 Twitter users whose recent tweets contained "#DevOps", or who were replied to or mentioned in those tweets, taken from a data set limited to a maximum of 18,000 tweets. The network was obtained from Twitter on Thursday, 10 January 2019 at 23:50 UTC. The tweets in the network were tweeted over the 7-hour, 6-minute period from Thursday, 10 January 2019 at 16:29 UTC to Thursday, 10 January 2019 at 23:36 UTC. Additional tweets that were mentioned in this...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Japan DX Pavilion at @CloudEXPO Silicon Valley
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Where many organizations get into trouble, however, is that they try to have a broad and deep knowledge in each of these areas. This is a huge blow to an organization's productivity. By automating or outsourcing some of these pieces, such as databases, infrastructure, and networks, your team can instead focus on development, testing, and deployment. Further, organizations that focus their attention on these areas can eventually move to a test-driven development structure that condenses several l...
The term "digital transformation" (DX) is being used by everyone for just about any company initiative that involves technology, the web, ecommerce, software, or even customer experience. While the term has certainly turned into a buzzword with a lot of hype, the transition to a more connected, digital world is real and comes with real challenges. In his opening keynote, Four Essentials To Become DX Hero Status Now, Jonathan Hoppe, Co-Founder and CTO of Total Uptime Technologies, shared that ...
Over the course of two days, in addition to insightful conversations and presentations delving into the industry's current pressing challenges, there was considerable buzz about digital transformation and how it is enabling global enterprises to accelerate business growth. Blockchain has been a term that people hear but don't quite understand. The most common myths about blockchain include the assumption that it is private, or that there is only one blockchain, and the idea that blockchain is...
Never mind that we might not know what the future holds for cryptocurrencies and how much values will fluctuate or even how the process of mining a coin could cost as much as the value of the coin itself - cryptocurrency mining is a hot industry and shows no signs of slowing down. However, energy consumption to mine cryptocurrency is one of the biggest issues facing this industry. Burning huge amounts of electricity isn't incidental to cryptocurrency, it's basically embedded in the core of "mini...
Every organization is facing their own Digital Transformation as they attempt to stay ahead of the competition, or worse, just keep up. Each new opportunity, whether embracing machine learning, IoT, or a cloud migration, seems to bring new development, deployment, and management models. The results are more diverse and federated computing models than any time in our history.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...