Web Hosting Company Grows Over 100% – 07/14/2012

PEER 1 Hosting, the global online web hosting provider, has gained further ground in the UK hosting market, revealing that annualised EMEA revenues to the end of April 2012 now stand at Ј11.5million, securing nearly 100% growth since last year. The success sees the Southampton-based company gaining on leader Rackspace.

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Dominic Monkhouse, EMEA Managing Director at PEER 1 Hosting comments: “The quality of our people is what makes us great and they are why businesses are turning to us in numbers. The last year saw significant developments for the company in the UK, which combined with our passion for customer service helps our clients realise the possibilities of the Internet.”

Key achievements in the past 12 months include:
• The acquisition of NetBenefit. PEER 1 Hosting has completed the acquisition of all outstanding shares in the capital of NetBenefit (UK) Limited (“NetBenefit”), a leading UK-based managed hosting company. The acquisition positions PEER 1 Hosting as the number two provider of SME Managed Hosting services in the UK and creates a platform to support its growth in Europe, with the takeover of operations in France under the deal.

• UK’s greenest data centre. To accommodate booming demand from customers, PEER 1 Hosting invested Ј10m in a new state-of-the-art data centre in Portsmouth, which opened in October 2011. With a PUE of just 1.1, the data centre is the most energy efficient in the UK and offers managed hosting, dedicated hosting, co-location, and professional grade cloud services all under one roof.

• Customers. Priding itself on its commitment to outstanding customer service, PEER 1 has secured a range of ecommerce customer wins to provide hosting services for leading retailers, including Bang & Olufsen, Debenhams and Waitrose. While, in May, the company presented its first ‘eCommerce Future Conference’ with industry partners and customers. These strong customer relationships have seen PEER 1 achieve a Net Promoter Score of +36, 5 times the IT services average of 7.

• Investing in people. Over the past 12 months PEER 1 has doubled its headcount and now employs 100 people in the UK following the recent NetBenefit acquisition. The company plans to grow by a further 50% in the next year, as well as move into a new office on the South Coast. It has also been named one of the top 25 Best Workplaces in the small business category by the Great Place to Work® Institute.