Baltic ICT Market review, launched by the Prime Investment, indicates that Latvian companies have become successful service providers with high potential in export. According to the research data, local data center operator DEAC reached the largest growth in revenue from IT services, becoming one of the fastest growing companies among major Baltic ICT service providers.
Information for the media
DEAC along with delegation of Latvian entrepreneurs under the leadership of Ambassador Extraordinary and Plenipotentiary of the Latvian Republic to the Russian Federation - Astra Kurme, from July 9 to July 20 have visited Russia’s Far East region cities - Vladivostok, Khabarovsk and Magadan. The delegation met with region’s high-ranking officials, governors and mayors and had fruitful round-table discussions with representatives of several business sectors.
DEAC observed data traffic double increase due to business migration to the cloud services. The capacity of processed data allows Latvia to become a highly competitive player among TOP IT (information technologies) countries and attract foreign investors. Rapidly growing Latvian data centers potential allows DEAC to target a stable niche and strengthens Latvia to become an equal player among the strongest IT countries.
European data center operator DEAC has made a big step forward in company and its infrastructure development by upgrading existing data center equipment and enlarging data storage and processing capacity. IT outsourcing company has significantly raised its service quality level that allows providing customers with one of the most modern data processing and storage solutions in the Northern Europe, ranking DEAC among the largest European providers of virtual resources.
Data center operator DEAC in 2013 has achieved the largest turnover in the history of the company, reaching 8 million euro. The turnover growth has made up 64%, compared to the previous year, when company turnover was 5 million euro. Due to increased demand for IT outsourcing services, DEAC has successfully tripled its turnover within the last four years.
At fifth jubilee financial directors round table discussion under the KSK group auspices took place on 23rd-26th May at Sicilia, not far from Palermo. DEAC experts pointed out high level of audience maturity in the field of organizing business security by using data centers located in European Union. Round table experts in 3 days have discussed loads of situations of correct organization of information and tax security. For the first time, DEAC have spoken together with its customer – Biovitrum, that has shared its experience of using DEAC data centers in Latvia and have observed a significant business stability increase during the last 2 years, as well as extrication of financial and human resource in long term perspective.
European data center operator DEAC and backbone provider RETN have set up a dedicated route between DEAC optical city ring and RETN’s pan European network. New links allows to reduce the time of delivering VPN services to more than 100 points-of-presence of RETN network. Now it’s possible to deliver data traffic between largest data centres in Europe, North America and South-East Asia, including Russia, Ukraine, Baltic States and other East European countries. The link was set up in Riga, at LVRTC platform communication node, current available bandwidth is 10 Gbps.
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