UK Hyve Managed Hosting With Revenue Up 50% to £5.5 Million

Hyve Managed Hosting reached a number of major business and technology milestones in 2018, enabling it to increase its year-on-year combined revenue by over 50% to £5.5million – its most successful year since the company was founded in 2001.

In November, Hyve was also named Cloud company of the Year‘at the 2018 SVC Awards, at a ceremony in London, UK.

Key 2018 achievements include Hyve’s expansion into the US and Central American hosting and cloud markets in a partnership with Equinix, Inc., establishing its presence across 35 data centres. Hyve is offering US customers a range of hosting, managed cloud, co-location and connectivity services, backed by a locally based 24/7 service and support team.

Hyve also launched an industry customer service guarantee, Hyve RapidReplacement, designed to ensure that in the event of a hardware failure in a data centre, the affected technology will be replaced within 20 minutes.

With other hosting providers offering between 1-4 hour hardware replacement service levels – often seen as the industry standard – Hyve’s ability to deliver a better level of service provides customers with BC at all times.

In addition, Hyve has also made several technology investments, including the launch of a managed, private cloud-based virtual hypervisor service, offering a way for businesses to run virtual dedicated hosts with the same functionality, previously only possible within physical server environments. It also expanded its DevOps and professional services capabilities in order to bid for government-issued tenders through the digital marketplace.

Nasir Rafiq, IT manager, Queen Victoria Hospital in East Grinstead, commented: “Hyve have provided reliability, performance, value for money and strong service capabilities for Queen Victoria Hospital for the past 10 years.“

“Hyve has made tremendous progress in 2018, with significant growth in the UK and USA,” explained Jake Madders, director, Hyve. “This has been possible because we’ve kept our business ethos at the heart of everything we do, which is to ensure we understand our customers and give them the very best service possible.“