Cloud computing firm Iomart riding high
Grazed from BBC. Author: Editorial Staff.
Hosting and cloud computing company Iomart has increased full-year profits after being boosted by a number of acquisitions.
The Glasgow-based firm made pre-tax profits of £5.7m in the year to 31 March, compared with £2.8m a year ago.
Over the period the group made three acquisitions and said the new parts were now fully integrated.
Iomart said the next buzz word was ‘Big Data’ – the size of information transmitted around the web.
The company’s chief executive, Angus MacSween, said: "This dramatic growth in data means that vendors in this market will need to have the infrastructure in both storage and connectivity to cope with these ever-increasing demands…

