Managed services growth delivers the numbers for Kelway

Kelway has pointed to the demand for managed services as one of the main contributors to a significant increase in its revenues for its fiscal year. The resellers has announced revenues of £260m for its 2010/11 financial year, a 46% increase on last year, with £55m of that coming from o


Kelway has pointed to the demand for managed services as one of the main contributors to a significant increase in its revenues for its fiscal year.

The resellers has announced revenues of £260m for its 2010/11 financial year, a 46% increase on last year, with £55m of that coming from organic growth with its managed services offering delivering on the investments the channel player has made in that area.

Operating profit totaled £9m for the fiscal year compared to £6.6m the year before and the firm expects to reach revenues of £320m by the end of this fiscal year.

Phil Doye, CEO of Kelway, said that it had put some serious efforts into managed services in the last year and had also benefited from taking share in the market from rivals.

"Following the acquisition and successful integration of ISC, Kelway has continued to capitalise on the burgeoning trend for the provision of managed services," he said.

The reseller is also talking up investment plans following the strong results with designs on growing market share by reinvesting profits back into the managed services business, including building a new services centre in Peterborough. There are also plans to develop a cloud solution to sit alongside the virtualisation efforts it has been building up.

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