News
13/01/2006
2e2's Managed Services revenues hit 30% of overall revenues
Major wins underpin Managed Services growth
2e2 Group’s managed services revenues hit 30% of full year revenues
2e2 Group, one of the leading providers of IT managed services based in the UK and Netherlands is delighted to announce that its managed services revenues have reached 30% of its full year revenues, fulfilling expectations set in November 2005.
At the beginning of 2005, 2e2’s managed services revenues stood at around 20% of expected full year revenues. This 10% increase has enabled the Group to become one of the market leaders in the provision of IT managed services.
The growth can be attributed to a number of factors including a number of large wins in 2005 and the strength of 2e2’s managed services team who have consistently demonstrated their ability to provide the full lifecycle of services to support, operate and continually improve their customers’ IT infrastructure.
Together with an excellent market reputation, the Group have been able to build a strong portfolio of customers whilst consistently increasing their presence within the market, which has in turn led to a significant increase in revenues.
Terry Burt, CEO of the Group, commented, “Forecasts were made last year regarding our managed services business and we are absolutely delighted that we have delivered results beyond those original expectations. Throughout 2005 the managed services division has shown progress month on month and it is a milestone for the Group to have achieved this level of growth in this area of the business.”
