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NetRack Records 50% Growth in FY 2014-15, Adds 110 New Customers

A major part of the growth was led by IT/ITeS and Government sectors

BENGALURU, India – May 21, 2015

NetRack, a leading solutions provider for data centers and end-to-end IT server racks, announced that they have achieved 50% growth in FY 2014-15. At the end of this financial year, NetRack has added 110 customers from across different industry verticals including IT/ ITeS, BFSI, Government, Hospitality, Data Centers and Engineering Labs. A large part of this growth was contributed by IT/ ITeS and BFSI sectors at 30%. This was followed by hospitality, government & engineering labs contributing to about 20%. The other industry verticals addressed by NetRack were Telecom and Healthcare.

Mr Ravi RajBrand Head, Director Sales & Support at NetRack said, “The addition of 100+ new customers in this financial year is a big achievement for us. It indicates the confidence that customers have expressed in our products (India & Middle east Region). The increasing market demand for our products motivates us to create new innovative products and scale new heights. We feel great about the fact that we have been able to understand the customers’ emerging requirements and serve them with the right kind of products.”   

The industry continued to deploy new data centers, server and networking racks, labs which has turned out to be one of the biggest growth drivers for NetRack.They are known for offering new technology and eco-friendly products which comes with the capability of reducing the amount of emissions that are indirectly produced, helping IT industry to meet the emerging challenges.

NetRack is well versed with emerging technologies and has developed newer products that offer enhanced performance, scalability and render better ROI to customers. NetRack strengthened its focus to meet the competitive market strategies with its end-to-end solution.

NetRack aims to continue this growth momentum and has set its growth target for 2015-16 at 75%. The company will continue to focus on maintaining a strong customer relationship and implementing a unique solutions selling approach.

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