Press release from Business Wire
PEER 1 Hosting Gains Significant Channel Momentum with 400% Growth in FY ‘13
Wednesday, August 28, 2013
PEER 1 Hosting Gains Significant Channel Momentum with 400% Growth in FY ‘1309:00 EDT Wednesday, August 28, 2013
VANCOUVER, British Columbia (Business Wire) -- PEER 1 Hosting, the global web infrastructure and cloud hosting provider, today announced that it has achieved significant traction in the channel during the company's 2013 fiscal year, increasing its revenue by 400 percent. The substantial success is attributed to several initiatives, including the launch of its new strategic alliance program, PEER 1 Hosting's new enterprise-grade public cloud offering, Mission Critical Cloud; the addition of new strategic channel hires globally; recognition by CRN as having a 5-Star Partner program; as well as its enhancement of the SMART Partner Channel Program.
Launched in April 2012, PEER 1 Hosting's SMART Partner Program aims to build relationships that create mutually beneficial revenue streams. The program focuses on providing its partners with the necessary training, certification and unrivaled support to help them sell more and further their own business. Since the program's launch, more than 500 new partners have joined. While this is a significant number to sign in just 15 months, PEER 1 Hosting believes its channel success is due more to finding the right channel partners.
“Achieving 400 percent growth during our 2013 fiscal year is a major accomplishment,” said Michael Mayer, executive director of worldwide channel, PEER 1 Hosting. “As a business, PEER 1 Hosting is laser focused on our people and relationships – whether it's with an employee, customer or partner; the commitment to relationships in our new channel program is a testament to its significance. Looking to the future, we hope to continue helping our customers realize the potential of the Internet, and our upcoming strategic product launches will significantly expand their existing portfolios.”
PEER 1 Hosting's channel program contributed to 40 percent of new acquisition sales in FY '13, and it closed 38 percent of deals. It also gained significant traction over the year with new strategic alliance partners, including Dell and Arrow.
In 2014, PEER 1 Hosting anticipates doubling its channel team and seeing similar growth figures as this year. Much of this growth is predicted to come from new reseller agreements with strategic partners and major product launches, specifically to support PEER 1 Hosting's cloud and ecommerce businesses. The company also has plans in place to implement greater alliance and marketing support for its partners.
To learn more about PEER 1 Hosting's SMART Partner Program, visit https://partners.PEER1.com/.
About PEER 1 Hosting
PEER 1 Hosting, a wholly-owned subsidiary of Cogeco Cable Inc. (TSX: CCA), is one of the world's leading Web hosting providers, specializing in Managed Hosting, Dedicated Servers, Colocation and Cloud Services. Based in Vancouver, Canada, and founded in 1999 with European operations headquartered in Southampton, UK. PEER 1 has 19 datacenters and 21 points of presence worldwide. PEER 1 Hosting is built on two obsessions: Ping & People. ‘Ping' represents its commitment to best-in-breed technology, founded on a high performance 10Gbps FastFiber Network(tm) connected by 20 state-of-the-art data centers. ‘People' represents its commitment to delivering outstanding customer service to its more than 13,000 customers worldwide, backed by a 100 per cent uptime guarantee. For more information visit: http://www.PEER1.com.
Sarah Love, +1 617-960-9875