Data#3 to invest in more infrastructure

ICT company Data#3 (ASX:DTL) will build out more Australian ICT infrastructure to support its new pay-per-use Cloud computing services

ICT solutions company Data#3 (ASX:DTL) will invest in more Australian ICT infrastructure, to support its new Infrastucture-as-a-Service offerings.

The company has recently started offering pay-per-use access to off-premises infrastructure, in addition to its existing infrastructure deployment services.

Data#3 said it has adapted the model it has been using to provide Software-as-a-Service for three years to deliver the new offerings.

Both form part of the company's model of providing a range of methods of consuming Data#3 services, also including contracting-to-outsource or consulting arrangements.

Group general manager Laurence Baynham said Data#3 had invested in introducing the new services in response to customer requirements.

“Our customers are demanding secure cloud-based solutions on Australian soil to meet data sovereignty requirements,” he said.

“As an Australian company, Data#3 made the choice to locate its infrastructure and services within Australia and we intend to continue this, with additional investment planned in the coming year.”

Data#3 last month proposed a ten-for-one share split in a bid to increase the liquidity of its shares. The company reported a 37.4 per cent higher net profit of $15 million in FY11.

DTL shares fell 1.8 per cent on Wednesday to $11.980.

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Tags cloud computingvirtualisationvirtualizationData#3Infrastructure as a Service

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