Giacom Cloud Market has reached a significant milestone today with 150,000 Microsoft Office 365 seats licensed – solidifying Giacom as the UK’s largest Microsoft Indirect CSPs.
The Giacom Cloud Market, which is operated by Hull-based Giacom World Networks, originally launched its Microsoft Office 365 offering in early 2015. Since then, the company has tripled the product’s seats in just one year, making it one of the fastest selling services in the Giacom Cloud Market.
Nick Marshall, CEO and founder of Giacom, said: “It’s a tremendous achievement from the team in such a short space of time. With business adoption rates of cloud services increasing exponentially, it’s an excellent time for IT support companies to benefit from the growth of Microsoft Office 365. And by accessing our wholesale rates for Office 365 and other cloud services, partners can build long-term revenue for years to come.”
The arrival of Microsoft Office 365 in the Giacom Cloud Market has placed Giacom in a strong financial position, with revenues expected to double this financial year to more than £13m, strengthened from the backing of leading mid-market private equity investor LDC, part of the Lloyds Banking Group, in May last year.
Rich Ellis, Office Business Group Lead from Microsoft UK, said: “Giacom has been a key CSP partner of Microsoft’s since the program was first launched in early 2015. The organisation has continued to grow its partner and customer base strongly over the past two years, and it is great to see them reaching the significant milestone of 150,000 seats for Microsoft Office 365 in such a short period.”
As one of the largest and fastest-growing Microsoft Indirect CSP distributors, Giacom currently delivers its services to more than 4,000 partners across the UK. Between 70 and 100 IT resellers join the Cloud Marketplace each month, who in turn resell a range of cloud services – such as Signature Hosted Exchange, Microsoft Dynamics 365 and Microsoft Azure – to their own clients.