Magazines
Newsletter
Advertise
Search
The Business Magazine - B2B Business News - Site Logo
The Business Magazine - B2B Business News - Site Logo
The Business Magazine July 2024
Read now
PICK YOUR EDITION

Strong start to the year for Farnborough’s Datum Data Centres

The Business Magazine article image for: Strong start to the year for Farnborough’s Datum Data Centres
8 August 2024

Datum Datacentres, a data centre and colocation provider with facilities in Farnborough and Manchester, has reported record half-year results for 2024.

The company saw sales at 4.1 per cent ahead of budget and revenue just 2 per cent behind budget at £8 million, following a period of investment and growth.

This comes following Datum’s acquisition of Manchester-based colocation data centre, Teledata, in 2022, and the announcement earlier this year of a £30 million investment in a new data centre facility currently under construction in South Manchester.

The new facility is designed such that heat exchangers can be used to transfer the thermal load of the data centre cooling loop to a local community heating network via a heat pump system.

It will be powered using clean energy from renewable sources and solar PV roof panels, the latter of which will generate more than 83,000 kWh a year – saving 7.4 tonnes of CO2 emissions.

Datum also expanded its Farnborough data centre site last year with the opening of Hall 4.

Part of a £7 million investment, Hall 4 features 380 rack positions and upgraded infrastructure for cooling and power.

The firm has welcomed three new team members so far in 2024.

CEO Dominic Phillips said: “As a data centre provider, we have a responsibility to our clients to ensure that continuous capacity is available so that we can support our clients’ growth through resilient, secure and dependable data centre services.

“We’ll continue to invest in our infrastructure to meet the growing demand for colocation space in both the south and north of the country, while striving to meet ambitious sustainability targets.

“Investment into the long-term sustainability of our data centres is at the top of our agenda, and forms part of our ongoing commitment to support our clients and partners to achieve their ESG goals.”

Datum is backed by UBS Asset Management after being acquired by the firm’s Real Estate & Private Markets (REPM) arm in 2021.


Share 

Born and raised in Berkshire, Dan fell into journalism after completing his bachelor’s degree in English at UCL.

Writing for The Business Magazine and local Biz News sites has given him the opportunity to chat with all manner of small business owners and share their success stories with a wider audience.

Outside of work, Dan enjoys live music, board games and quiz shows, and is making a slow but persistent effort to learn Spanish.

Latest deal ticket

All deals

Events

All events

Related news


Group Titles

Dorset BIZ NewsHampshire BIZ News
crossmenu