By Stefan Bumov, Deputy CEO & COO, HeleCloud
Acquisition of OlinData is already proving successful as HeleCloud wins “Company of the Month” for November 2019 from The Hague Business Agency
Earlier this year, we joined forces with open source experts, OlinData – HeleCloud’s first acquisition as part of its ongoing growth across Europe. Supported by BGF, the UK and Ireland’s most active investor, the acquisition of OlinData has allowed HeleCloud to begin to establish a strong presence in Benelux, fuelling its ambition to be at the forefront of the European Public Cloud Services market.
In fact, a mere three months later in November 2019, HeleCloud was awarded “Company of the Month” from The Hague Business Agency, recognising our strong presence in the Benelux region.
This win marks a fantastic achievement as our two companies join as one. Over the last few months, we have been working hard alongside OlinData team to combine expertise and create more innovative Cloud migration roadmaps, helping our customers to build a better business in the Cloud and achieve their business goals.
Together, we have been able to offer customers an even better-equipped team of proven experts within the fields of security and compliance, open-source, DevOps, advanced analytics and process models, as well as AWS, certified consultants and engineers. No surprise then that we have seen very positive growth over this last year: we are now 100-strong across Bulgaria, the Netherlands and the UK, and achieving more than 200 per cent revenue growth.
That is why, as we move into 2020, we feel the time is right to re-brand OlinData and start the year as a fully integrated HeleCloud family. By rebranding and blending operations to work as one company, we feel we can accelerate business growth further. It will also help to position HeleCloud as a trusted Services Provider to customers and partners in Benelux.
That said, we must reinforce the reason why we chose to acquire OlinData in the first place – and that was a synergy of cultures. Both HeleCloud and OlinData are committed to driving innovation through in-depth knowledge and expertise. Something that can only be achieved by companies that provide regular opportunities for employees to both learn and grow.
We are full of excitement for this next phase of HeleCloud and will be sharing more information on the rebranding in January.
Until then, we would like to wish everyone a Happy New Year from the entire team at HeleCloud!