Nordcloud comes fifth in Deloitte’s 2017 Technology Fast 50TM

Helsinki, December 1st, 2017. Nordcloud, the Nordic’s market-leading public cloud provider has been named one of Finland’s fastest growing technology companies by global consultants Deloitte.

Nordcloud was placed at #5 in a list that ranks the fastest growing technology companies in Finland based on revenue growth, having established itself as the fastest growing public-cloud managed-service provider in Europe.

The company has set ambitious targets for the years leading up to 2020. Nordcloud is aiming to quadruple its size with annual revenue to reach over €200m. It expects to almost double its staff in the next year alone, by recruiting more than 150 people to maintain its high levels of customer service, R&D, and international expansion.

“Having topped the Finnish Fast 50 in 2016, this year’s results confirm that we’re continuing to grow incredibly strongly as we mature as a business,” says Nordcloud CTO Ilja Summala. “The company was launched in 2011 with a clear vision, inspired by the potential we saw for cloud services to give businesses the flexibility and speed they need to innovate, transform the way they do business, and develop their services.”

“We’ve achieved this result with the help of outstanding partners and customers”, says Summala. “Together we’ve been rolling out our vision of transformed corporate IT using hyperscale cloud and software, with the greater agility and efficiency that brings”.

Nordcloud is focussed on building a full-stack cloud-native system integrator with the aim of being the top Europe-wide choice and one that also addresses specifically European concerns such as compliance with EU regulations, as well as having a local presence on the ground in every territory where it has customers.

 

About Nordcloud

Founded in 2011, Nordcloud is a European leader in public cloud infrastructure solutions and cloud-native application services. Since 2012 it has completed more than 300 successful deployments that have helped its enterprise customers reap the full benefits of the cloud, including better security, agility, scalability and reduced costs.

Nordcloud is forecast to turnover €50M in 2017 and employs 250 people at offices in Helsinki, Stockholm, Oslo, London, Munich, Amsterdam, Poznań and Malmö.

 

The Deloitte Technology Fast 50

The Deloitte Technology Fast 50 programme lists the 50 fastest growing technology companies in Finland based on revenue growth over the previous four years. The Finnish Fast 50 is part of Deloitte’s Technology Fast 500 EMEA and Global Technology 100 programmes and includes all areas of technology: from Internet to biotechnology; from medical and scientific to computers and both public and private companies.