17 March 2021
iomart Group plc
("iomart" or the "Group" or the "Company")
iomart expands network capacity to meet future demand
Invests in next gen Cisco 100GB routing technology
iomart Group plc (AIM:IOM), the cloud computing company, is pleased to announce a major network expansion to meet future demand.
iomart has invested nearly £2m in next generation core routing technology from Cisco, which will provide 100GB capacity on its network with the ability to scale to 400GB. As a result, iomart customers will benefit from faster, even more reliable connections to support their data and applications.
Capacity will increase from 10GB to 100GB through two of the most interconnected peering facilities in Europe, Telehouse London and Equinix in Slough, and through iomart's largest data centre in Maidenhead.
This investment follows a noticeable increase generally in internet traffic due to COVID-19, with iomart committed to increasing its ability as a service provider in order to anticipate future demand. Using 5th generation ASR technology at the point where iomart's private fibre network intersects with the internet, the planned network expansion will reduce the chance of bandwidth bottlenecks, enabling content such as on-demand video, voice and cloud services to travel along the optical fibre at speed.
iomart is also increasing resiliency for customers in its key data centres with the addition of extra fibre routes. Those facilities will benefit from three independent routes into the building, providing true physical path diversity. iomart's private network infrastructure stretches for more than 2,000 km up and down each side of the UK, supporting the digital ambitions and multi-cloud strategies of businesses the length and breadth of the country. This further upgrade provides extended capacity to iomart's existing high speed, low latency network.
Ishbell MacPhail, Regional Leader, Cisco, commented: "In the last year, connected technologies and applications have played a major role and helped to solve unexpected challenges in all industries - from home schooling to healthcare. iomart's focus on reliability and speed will see them continue to play a key role in a new, connected normal. We're delighted to be working with them."
Reece Donovan, CEO, iomart, commented: "This is a significant investment that supports our growth strategy and underlines our commitment to provide businesses with the services they need to support their future operations. The investment ensures our customers will have the ability to deliver content and services faster than ever and without disruption."
For further information:
iomart Group plc
Tel: 0141 931 6400
Reece Donovan, Chief Executive Officer
Scott Cunningham, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and Joint Broker)
Tel: 020 7418 8900
Edward Knight, Paul Gillam, Nick Prowting
Investec Bank PLC (Joint Broker)
Tel: 020 7597 4000
Patrick Robb, Virginia Bull, Sebastian Lawrence
Tel: 020 3405 0212
Caroline Forde, Helena Bogle, Joe Pederzolli
About iomart Group PLC:
For over 20 years iomart Group plc (AIM: IOM) has been helping growing organisations to maximise the flexibility, cost effectiveness and scalability of the cloud. From data centres we own and operate in the U.K., and from connected facilities across the globe, we can provide multiple secure infrastructure solutions from branch office backups, to hyper cloud migrations, and everything in between, delivered typically with a 24/7 managed service. Our team of over 400 dedicated staff work with our customers at the strategy stage through to delivery and ongoing management, to implement the secure cloud solutions that deliver to their business requirements.
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