IT distributor DataSolutions reaches €126M in turnover during latest financial year

DataSolutions, the specialist distributor of innovative IT and security solutions, has announced that it has reached €126 million in turnover during its latest financial year, ended March 2023.

This represents growth of 29% compared to the company’s previous financial year, ended March 2022, which also saw it achieve impressive growth and generate €98 million in turnover.

In terms of the services and solutions that are driving this success, demand for cloud and cyber security services continues to rise. Over the past year, DataSolutions grew its cloud business across Ireland and the UK by 26%, backed by demand for Citrix. Meanwhile, cyber security was up 36% across the combined region.

The company works with a range of industry-leading vendors which are underpinning its success – including Cato Networks, Check Point, Color Tokens, HPE Aruba and Orca Security. These enable it to cover both traditional and emerging technologies.

In the area of cyber security, DataSolutions distributes solutions that cover a wide range of risk mitigants – from malware and ransomware attacks to data security breaches, internal threats and phishing scams – across the hybrid working world. As well as secure hybrid working solutions and Managed Security Services, it also offers Zero Trust Cloud Security.

Through its cloud division, the organisation addresses the increasingly complex challenges around securing, managing and accessing data and applications spread across multiple public and private cloud locations. Solutions include Digital Workspaces, Work from Anywhere, and Secure and Sustainable Endpoints.

Over the past year, DataSolutions has also played a significant role in driving the growth of Techies Go Green, a movement of IT and tech-oriented companies which are committed to decarbonising their businesses. It now has more than 350 signatories and has launched a partner network for members. Both entities also recently helped to launch a Sustainability Hub alongside the Guinness Enterprise Centre (GEC).

Furthermore, DataSolutions has recruited more women to the business, and the female contingent now makes up 41% of the workforce with the aim to grow this to 50%. The company has also developed new initiatives to support employee wellbeing, mental health and staff retention.

Michael O’Hara, Group Managing Director, DataSolutions, said: “Business growth and sustainability remain at the core of what we, as an organisation, are about. Therefore, it’s fantastic to be in the position we are, announcing not only business growth but success in putting sustainability at the top of the tech sector’s agenda.

“Corporate enterprises will continue to invest in IT infrastructure as it allows them to reduce costs, become more efficient, reach new customers, and grow their own businesses. We are confident of continued growth in this market space.

“However, we do feel that the IT consumer market will find it more challenging. With higher interest rates, slow economic growth and the cost-of-living crisis, difficulties for growth will arise in the year ahead. As we’ve done before and will continue to do, the secret will be adapting, innovating and delivering a service which powers the success of our partners, end customers and vendors.

“I’m a firm believer that what matters most in any business is your people. We have always prided ourselves on how we recruit and develop people, but also how we support them both personally and professionally. This will remain central as we move forward and build further on our success to date.”

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