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MTI: the new Edinburgh cloud

Sunday 18th December 2011
Courtesy:http://www.mti.com/

Surrey based European computing giant MTI opened its offices in Edinburgh last month, has already a staff of five and expects to bring in between £5m and £6m-worth of business during the first year. The firm with operations in France, Germany and the Netherlands has not as yet had time to become a ScotlandIS member.

The expansion, claims the release, augments MTI’s consistent solid organic growth over the last four years, despite the very difficult economic climate. Now that it has already successfully developed its southern UK market, it plans to replicate this with European expansion, starting with Edinburgh where it sees a $500m opportunity in the mid-market, specifically within the financial, oil and gas, commercial and public sectors.

MTI emerged in its present form reports The Scotsman in 2007 when its American arm split away from the European operations, that was then bought by venture capital fund Garnett & Helfrich. The fund is owned by investors including several American universities. Last year the fund sold Blade Network Technologies, which supplies components for computer networks, to IBM.

MTI has additionally demonstrated its commitment to its customers and their requirements by acquiring Global Secure Systems (now known as MTI Secure) earlier this year to complement MTI’s current infrastructure, storage, networking and virtualisation practices with existing and new security solutions and services.

Ian Parslow, (right) VP sales for MTI Technology said he was pleased to have started the process of growing its consultancy by opening an Edinburgh office. "We expect to continue this organic growth across Europe over the next few years."

The 22-year-old MTI is a qualified member of the Vblock partner ecosystem for VCE, the Virtual Computing Environment Company. Uniquely, MTI Europe uses its three inter-connected Solution Centres in France, Germany and the UK to demonstrate complete proof-of-concept for its Vblock customer cloud solutions.

It may however face a bit of running from the Scottish Cloud fraternity, like the expanding ScoLocate, set up by Royal Bank of Scotland at the height of the dotcom boom, where increased investment has doubled capacity at its Edinburgh outskirts site and acquired for it the investment veteran Mike Pacitti as its first non-executive director,  and a winning contract, totalling more than £15m.

LIke others, MTI seems set  to prove that DataCentreDynamic forecasts are accurate. It will play in a Scottish field that already contains Onyx,  the ESQN-owning Iomart , the Midland Node4, while the northern Alchemy  and IFB had best look to their oil and gas markets. 

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