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    OVH unveils plans for €1bn expansion

    08 Apr 2016 | ICT, A region on the move

    OVH, Europe’s leading web hosting company, has just unveiled a massive five-year investment program totaling nearly €1 billion. Aim: expand its international reach and consolidate existing data centers.

    OVH invests €1bn to grow

    OVH strengthens international positions

    OVH has announced plans to invest €1 billion by 2020 to quadruple sales and move its workforce past the 3,000 mark. Already the top web hosting provider in Europe, the company currently has sales of €250m and 1,200 employees. It plans to build 12 new data centers in Europe (Germany, Spain, Italy, Poland and the UK), the US, Singapore and Australia. Part of the €1 billion will also be used to consolidate existing infrastructures in France and Canada, including a rise in network capacity from 4 to 6 terabits a second.

    No.1 in Europe, no. 3 worldwide

    Founded in 1999, OVH’s €700 million investment to date has spurred fast growth, catapulting it into the world’s top three web hosting firms. The company already has one of the world’s largest networks, with 250,000 servers across France and Canada, and its massive new investment plan confirms its status as a global leader.

    With an international client base of over 1 million, average annual growth of 30%, and a workforce that has tripled since 2011, OVH is now in direct competition with Amazon, Google and Microsoft in the public cloud sector—an impressive track record that underscores the success of French Tech and the outstanding IT expertise available in Northern France. 

    Source :

    http://www.journaldunet.com/

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