NGD in “The Sunday Times Hiscox Tech Track 100”

NGD Features in “The Sunday Times Hiscox Tech Track 100” Fastest Growing Tech Companies League Table

By Simon Taylor 08 | September | 2014

 London, 7 September 2014 - UK Data centre operator Next Generation Data Limited (NGD) is pleased to announce that it has been included for the first time in the prestigious The Sunday Times Hiscox Tech Track 100 league table of fastest growing private UK technology, media and telecoms companies.

Published on Sunday 7th September 2014, the 14th annual Sunday Times Hiscox Tech Track 100 league table ranks companies with the fastest-growing sales over three years.  NGD is placed at No.55 having achieved over 60% annual sales growth over the past three financial years to December 31st, 2013.

Commenting on the company’s growing success Company Chairman, Simon Taylor, said: “This is our first appearance in The Sunday Times Hiscox Tech Track 100 league table since opening our NGD Europe mega data centre at the start of 2010. It is especially pleasing as it underlines the success of our business vision and strategy which has enabled us the unusual achievement of combining high year-on-year sales growth with consistently high profitability. Our continuing belief that both large and smaller growing organisations increasingly require more secure and less expensive co-location data centre facilities compared to those traditionally found in and around London has been well and truly proven. This is further evidenced by our strong forward sales pipeline and highly sustainable business model.”

NGD Europe already houses several blue chip technology multi-national organisations such as IBM, Wipro Technologies and UNIT4 in custom data halls which complement its original anchor tenants BT and CGI (previously Logica).  A nationwide Channel Partner strategy has also been successful in making NGD’s rack space, power and infrastructure available to third party systems integrators and service providers who are able to take full advantage of NGD’s world class data centre asset. The company is also winning a growing number of deals from locally based fast growing cloud service providers including Newport’s Certus IT and Sir Terry Matthews’ AirVM.

Notes for editors

Fast Track has published league tables of top-performing private companies with The Sunday Times for the past 18 years. Its invitation-only dinners provide a valuable opportunity for entrepreneurs to network and meet its sponsors. The company was founded and is run by Dr Hamish Stevenson, who also holds an associate fellowship at Green Templeton College, Oxford University.

League table criteria

The Sunday Times Hiscox Tech Track 100 adopts the London Stock Exchange’s (LSE) techMARK definition of a technology company as one ‘that shows a commitment to innovation, research and product development, and operates in sectors including software, internet, telecoms and biotech’.

Annualised sales had to exceed £250,000 in the base year (2010 or 2011) and £5m in the latest year (2013 or 2014). Companies also had to increase sales in the latest year, but did not need to be in profit. Payday lenders were excluded this year because of the Financial Conduct Authority’s consultation on whether to cap fees. Pure computer resellers are also excluded.

Companies had to be registered in the UK and be independent, unquoted and ultimate holding companies. Companies were ranked according to the compound annual growth rate in sales over three years, based on their latest available figures (either 2010 to 2013, or 2011 to 2014). The research therefore carries the caveat that their performance may have changed since.

The research was carried out by Fast Track principally between May and August. The majority of companies were interviewed by telephone or in person by the Fast Track research team.

About NGD Europe

 NGD Europe is able to support High Density Environments for such power-hungry and intensive applications as Big Data, Cloud Computing, Super Computing and Grid Computing. It is ideally suited to large enterprise organisations wishing to consolidate their existing space- or power-restricted data centre operations, as well as service providers and systems integrators operating single or multiple racks.  Capable of housing up to 19,000 server racks, NGD Europe is a purpose-built tier 3 carrier-neutral facility offering 750,000 sq ft of highly secure and cost-effective space. Racks can be arranged into self-contained and colocation data halls of various sizes all with independent services, resilient power and cooling systems. NGD Europe’s environmentally-friendly high level technology infrastructure has been designed to meet and exceed the ever increasing demand for more computing power. Its many features include a 180 MVA 100 per cent renewable energy power supply connected directly to the super grid via an on-site sub-station. There are also multiple on-site high-speed, low latency carrier interconnects.

Visit www.ngd.co.uk

For further information:

Nick Razey/Simon Taylor
Next Generation Data
Tel: 01633 674 518

Nigel Parker (for NGD media enquiries)
Strategic Public Relations Limited
Tel: 0118 948 7099
nigelp@strategicpr.net

Philippa Swindell,
Fast Track
Tel:  01865 297 012
philippa.swindell@fasttrack.co.uk