Iomart Group PLC
0.20
USD
+0.02
(+10.06%)
ISIN
GB0004281639
Return %
Stock
S&P 500
1Y
-89.57
14.20
3Y
-91.57
81.12
5Y
-94.65
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Richard Last
- Full Time Employees
- 634
- Sector
- Technology services
- Industry
- Data processing services
- Address
- 6 Atlantic Quay Glasgow United Kingdom G2 8JD
- IPO Date
- Apr 19, 2000
- Website
- iomart.com
- Similar Companies
- Business
- iomart Group plc is a United Kingdom-based cloud computing company specializing in managed cloud services. It operates primarily through two segments: Cloud Services and Easyspace. The Cloud Services segment delivers managed cloud infrastructure, secure connectivity, data management, cybersecurity, and digital workplace solutions through a network of owned data centers. Key offerings include hybrid cloud infrastructure, Infrastructure as a Service (IaaS), managed security services, and consulting. Brands and service platforms under iomart include iomart Cloud, Rapidswitch, Cristie Data, Sonassi, LDeX, Bytemark, Memset, ORIIUM, Pavilion IT, and P2. The Easyspace segment offers shared hosting, domain registration, and related digital services targeted at micro and small to medium enterprises (SMEs). Founded in 1998 and headquartered in Glasgow, Scotland, iomart Group plc serves a broad customer base including SMEs and corporate clients across the UK and internationally. The company’s products focus on secure cloud, cybersecurity, backup and disaster recovery, regulatory compliance, and modern work solutions incorporating Microsoft 365, Azure Virtual Desktop, and AI-driven tools. Recent major developments include iomart’s acquisition of Kookaburra Topco Limited, the holding company of Atech Support Limited, completed in late 2024 for £57 million. This acquisition expands iomart’s footprint in secure cloud managed services and public cloud infrastructure with a strategic focus on modern workplace solutions and cybersecurity. The integration of Atech is expected to drive accelerated growth, enhance cross-selling opportunities across iomart’s customer base, and mitigate client churn. Additionally, iomart has continued its growth strategy through acquisitions, including Accesspoint Technologies, to expand captive sector cloud services such as for the legal sector. Overall, iomart is positioned as a leading provider of secure, scalable, and managed cloud solutions in the UK, with a focus on innovation in cloud security, hybrid infrastructure, and digital workplace transformation, supported by ongoing strategic acquisitions in 2023 and 2024 to strengthen market leadership and service breadth. This comprehensive cloud and IT managed services portfolio is delivered through a combination of proprietary data center infrastructure and a growing ecosystem of technology partners and acquired entities, reflecting the company’s commitment to evolving with the dynamic cloud computing market.