Have you heard of OVHcloud, Europe's leading cloud computing company? The French unicorn, which went public, is now valued at 1.8 billion euros. Zoom in on the cloud giant.
OVHcloud: France's leading cloud provider
Founded in 1999 by Octave Klaba, OVHcloud is a provider of cloud computing services. The company offers hosting, public and private cloud solutions, housing, dedicated servers and network services.
The company stands out for its focus on security, data sovereignty and technological innovation. All elements that have enabled OVHcloud to establish itself as one of the industry's leading players.
Growing revenues and global presence
OVHcloud has experienced real growth in recent years, and the figures bear witness to this. By 2022, the company has achieved sales of 788 million euros, an increase of 18.8% on 2021. But the cloud giant isn't stopping. For the next 4 years, the OVHcloud machine forecasts sales growth averaging 25% a year.
And that's not all! The unicorn has declared its ambition to exceed sales of one billion euros by 2024. A goal supported by the opening of 15 new datacenters over the next two years.
Born in Roubaix, France, the French unicorn now has 33 data centers, including 13 in France, spread over four continents. These assets enable the company to cover more than 200 countries.
Today, its global presence boasts over 1.4 million customers and rivals giants such as Amazon, Microsoft, Google and even Chinese giant Alibaba.
A successful IPO for OVHcloud
For a long time, people associated OVHcloud with an IPO, without success. However, on October 15, 2021, OVHcloud will be listed on the Paris stock exchange.
The cloud giant's IPO was a success, with shares priced at the announced 18.50 euros. The IPO also raised 350 million euros, valuing the company at nearly 3.5 billion euros!
OVHcloud: key information
Number of employees to date
OVHcloud currently employs no fewer than 2,600 people worldwide.
Sales figures
One thing's for sure: OVHcloud's sales have been growing. Between 2017 and 2020, it will grow by an average of 15%. Sales in 2022 will reach 788 million euros, an increase of 18.8% compared to 2021.
Going public
On October 15, 2021, OVHcloud was officially listed on the Paris Stock Exchange. The IPO enabled the unicorn to reach a valuation of 3.5 billion euros.
Scalability
Thanks to its approach based on automation, virtualization and technological innovation, OVHcloud has been able to meet growing customer demand and adapt to market developments. This agility and flexibility enables OVHcloud to meet customer requirements in a constantly evolving digital environment.
Mantra/Citation CEO
"Together, we are determined to create an open, reliable and trusted cloud" - OVHcloud.
