Scottish cloud and data centre firm DataVita has announced ‘record-breaking’ financial results following a ‘strategic pivot towards AI-ready infrastructure and bespoke cloud solutions’.
The Glasgow-headquartered company’s sales reached £13.34 million for the year ending 30 June 2024, a 46% increase from £9.12 million in 2023.
Gross margin improved by 62%, reaching £6.15 million, reflecting ‘operational efficiencies and growing demand for services’.
With a new focus on being Scotland’s leading provider of AI-ready data centres, the company is launching a range of services designed specifically to meet the technology’s infrastructure demands.
These include data centres capable of supporting cutting-edge workloads with up to 400 kW per rack – a significant leap from traditional 4 kW capacity – giving organisations access to high-performance, reliable infrastructure built to handle complex and resource-intensive workloads.
The company also intends to double its data centre capacity to 40 megawatts (MW) in the short term, with an ambition to reach 500 MW in central Scotland over the next five years. As part of its commitment to sustainability, DataVita is integrating renewable energy sources into its operations.
Earlier this year DataVita established National Cloud, which addresses growing demand for bespoke cloud solutions. National Cloud delivers tailored services for workloads unsuitable for public cloud providers, prioritising data sovereignty, cost transparency, and simplified pricing models, while addressing issues related to cloud repatriation and critical workloads.
Danny Quinn, managing director of DataVita, said: “This has been a transformative year for DataVita. Our exceptional financial performance, coupled with our strategic pivot towards AI-ready infrastructure and bespoke cloud solutions, positions us at the forefront of the industry.
“With the establishment of National Cloud and ongoing investments in sustainability and infrastructure – reinforcing our leadership in environmentally responsible data centre operations – we are excited to continue enabling innovation for our customers and contributing to Scotland’s digital economy.”