Dimension Data's sales up 68% in fiscal 2011

- Friday, November 25, 2011

Dimension Data's sales up 68% in fiscal 2011

South African IT services provider Dimension Data's sales in Chile increased 68% year-over-year to US$32mn during its fiscal year 2011, ended September 30, the company said in a statement.

Among other things, this figure is the result of higher than expected growth in the local market, Dimension Data Chile's country manager, Alberto Mordojovich, said in the release.

"Due to the [February 2010] earthquake and prior economic crisis, 2010 was a slow year that forced many to be cautious in the forecast for IT growth. But this year has been of high growth, with companies investing in development, which has a positive impact on IT investments," the executive added.

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Large investments made by local telecommunications companies looking to improve their networks have also contributed to Dimension Data's results, according to Mordojovich.

"Mobile internet has exceeded all growth forecasts and operators are looking to improve the quality of their networks, user experience and speed to introduce new services. The race to attract more clients and increase market share is in full swing."

For fiscal 2012, Dimension Data expects a significant increase in uptime services, including management, maintenance, network monitoring and operational continuity.

Other important focus areas for 2012 will be the company's new managed video communications service, and its services offer for data centers and cloud platforms. This strategy will be supported by the acquisition of cloud and managed hosting solutions provider OpSource, announced in July.

Dimension entered Chile in April last year through its 51% acquisition of local IT systems integrator Magenta.