ITPS on course to Double Turnover
A NORTH East IT firm said it remains on track to double its turnover to £20m over the next three years after investing £500,000 in its data centre services.
Gateshead-based ITPS has invested in technology from Virgin Media Business which allows users to access backed up data at 10 times the previous speed, and has already secured a number of large contracts as a result.
The firm allows companies to back up huge quantities of information at its centres in Newcastle, Gateshead and Sunderland, with many of its clients housing their entire back office information and functionality.
By linking up its three centres, ITPS allows companies to access a copy of their data if there are problems with their usual computers.
With new transfer speeds of 10 gigabits-per-second, the company’s clients can now rely on up-to-date real- time information in the event of any unforeseen problems.
The firm is now confident that it can hit its target of doubling revenues to £20m in three years’ time and said that the new technology would allow it to add around 30 staff to its 84-strong workforce during the same period as it picks up new contracts.