Growing technology sector good news for Onyx Group

The Onyx Group, which is this year celebrating its 20th birthday, is now reporting turnover approaching the £20m mark

Neil Stephenson
Neil Stephenson

A year of investment and high-profile deals has seen IT infrastructure and support provider, Onyx Group, deliver underlying growth of 13% during 2013.

The Stockton-headquartered company, which is this year celebrating its 20th birthday, is now reporting turnover approaching the £20m mark.

Operating within a market that remains challenging, the group, which employs 120 staff nationwide, has benefitted from a growing number of businesses embracing reliable and flexible technologies, such as cloud computing and data hosting.

Chief executive Neil Stephenson said: “Technology is a real growth sector in the UK, with rates predicted to escalate over the coming years.

“We are in a fantastic position to take advantage of this and I look forward to driving the company forward for the next 20 years.”

Established in 1994, Onyx Group has grown from a small regional business to a major national player in its field, with ten sites across the UK, including Newcastle and Teesside.

During the last five years, it has defied downward trends in the economy, completing seven acquisitions and growing its customer base to over 2,000 clients.

The group was one of the early suppliers of the increasingly popular cloud and data centre services, maintaining a market leading position through consistent investment in its infrastructure.

In 2013, it spent a six-figure sum on enhancing its cloud platform with Hitachi Data Systems hardware and growing its entire data centre estate, with further development of its Edinburgh and Sheffield sites.

The group also created two new director roles, signed contracts with a number of high-profile clients including DFS and Kwik Fit, and agreed a five-year, multi-million pound deal with Edinburgh Airport.

Stephenson added: “As a company, we believe that highly effective IT is at the core of business success.

“We have invested in the very best so that we can take the hassle and risk out of IT, allowing companies to focus on what is most important to them – developing themselves.

“Technology in 2013 was dominated by cloud computing and big data, and Onyx Group was prepared to embrace the opportunities they provided to grow the company.

“We have been selling cloud and data solutions for over a decade and it is this longevity of delivering superior solutions that has created our credibility in the field.”

Journalists

David Whetstone
Culture Editor
Graeme Whitfield
Business Editor
Mark Douglas
Newcastle United Editor
Stuart Rayner
Sports Writer