InTechnology builds UK-wide storage network
The company conceded that its service was formerly limited by the quality of conventional communication channels, and said that LANnet solves the problem by offering companies a secure, high-speed data transfer network. Customers can now send data volumes up to 1Gbps via LANnet, according to InTechnology, and some customers can utilize a 10Mbps service connection at a substantially lower cost than current 2Mbps connections.
LANnet links together various major cities in the UK with InTechnology's data centers in London and Harrogate. Companies need to be within 25km of each of the centers on the network - London, Glasgow, Edinburgh, Carlisle, Newcastle, Middlesbrough, York, Leeds, Preston, Manchester, Sheffield, Nottingham, Leicester, Birmingham, Northampton, Milton Keynes, Banbury, and Slough.
InTechnology posted a net loss of £4.7m ($7.5m) for the first half to September 30, down from a loss of £5.2m($8.2m), on revenue up 2.8% at £75.9m ($120.7m). When it announced the results, it said it was looking for most growth from its managed data services operation, where first-half revenue almost doubled to £3.7m ($5.9m) at a time of market stagnation. The new network is hoped to boost growth further.