DataCentred off centred and in administration

Sharp-1024x6851Administrators have been appointed after datacentre and cloud operator DataCentred recorded losses of almost £1.8m in the last financial year

The Manchester firm provides software and cloud-based services and has secured a number of high-profile clients in recent years, including a deal with the National Holocaust Centre and Museum, which is using the company’s public cloud platform to store archived Second World War interviews.

HM Revenue and Customs built a multi-channel digital tax platform with help from DataCentred using the open source infrastructure-as-a-service platform OpenStack.

FRP Advisory has been appointed as administrator to find potential buyers.

The firm, set up by Dr Mike Kelly, had been given backing as recently as a year ago to grow the business with a £500,000 loan from Barclays and £500,000 coming from existing investors, which included The Greater Manchester Combined Authority.

In its four years of trading DataCentred had built up a network of clients and there are hopes from the administrators FRP Advisory that the business and assets can be sold to a new owner.

In the meantime there will be plenty of users wondering if they could be vulnerable if their cloud supplier got into trouble and the advice from some in the industry is to review that process.

The advice from Databarracks is to make sure that customers are encouraged to have backup copies of data outside of production so they have control if the worst happens to their supplier, however some customers will be thinking that is the point of going to the cloud in the first place.