Datatec Group, the international Information & Communications Technology (ICT) group, announced today that Logicalis Group, it's IT Infrastructure solutions and network integration business has appointed Ian Cook as CEO. Currently head of Logicalis European operations, he succeeds Jens Montanana who moves to the role of Chairman of the organisation.
The appointment will be effective 1st March 2007 to coincide with the Group's new financial year. It will see Cook, who is based at Logicalis' international headquarters in Slough, England, assume all day to day responsibility for the operations and management of the Group in North and South America as well as in Europe.
Cook joined Logicalis as head of European Operations in 2003, after more than 25 years in the technology industry. Previously, he was executive vice president sales and marketing at Damovo S.A., the global communications services company, responsible for the company's solution development and market proposition. Prior to Damovo, in 1990 he headed up Siemens Networks Systems Ltd (SNSL), the company that subsequently became Omnetica, (now Affiniti) one of the UK's leading providers of network solutions and services.
According to Montanana, Cook's appointment was part of a succession planning process which took into account his international experience, as well as the significant business improvement and market share gains made in the UK, which have contributed to the tremendous overall growth in revenues, and large improvements in the profitability of the Logicalis Group, that has been achieved over the last few years.
The majority of the group's revenues, profits and people are in the US, and in addition the group has a major presence in South America, and an operation in Germany.
For the year ended 28 February 2006, Logicalis delivered another twelve months of record-breaking revenue growth. Revenue was $545.6 million, which includes $105.3 million arising from the acquisitions made during the year. This compares to revenue of $340.9 million from continuing operations in 2005.
"The company is now heading towards becoming a $1 billion revenue organisation and already employs over 1000 people," he says.
During the last 18 months, Logicalis has made seven acquisitions across Europe and the US.
Ian Cook adds, "With this track record, Logicalis is well positioned to continue to play a consolidating role in its core markets of the US and UK, and in selected other strategic markets. Going forward, we are likely to continue with our acquisitive strategy, where it is strategically relevant, and aim to grow the Logicalis percentage representation of our parent company Datatec's group revenues, which for the year ended 28 February 2006 amounted to 18 per cent."
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Logicalis is an international provider of integrated ICT solutions, delivering secure, converged computing and communications infrastructure and services.
We can provide the architecture, deployment, integration and management of networks and systems to deliver leading edge solutions that create value for our customers and meet their business needs now and into the future.
Logicalis is a trusted provider of multi-vendor solutions and services operating in the most complex and challenging business environments. Our relationships with the industry's leading technology suppliers, combined with our business understanding enable you to invest with confidence.
The Logicalis Group is a division of Datatec Limited, a $3 billion publicly listed business. With international headquarters in the UK, the Group has operations in the US, UK, Germany, and South America.
Logicalis in the UK has achieved independent triple certification for its integrated management system; information security and IT service management offerings: ISO 9001/2000; BS7799 and BS15000 respectively.
For more information, visit www.uk.logicalis.com
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