Ormuco today announces it has signed a 5 year multi-million pound contract with their UK data centre and colocation partner, MigSolv. The deal means MigSolv can now offer high end cloud solutions and rival their competitors in the ever growing cloud market place.

Ormuco, an HP Helion Network charter member, offers a cloud services platform for service providers, ISVs and businesses around the globe. With nodes in Canada, U.S., EMEA and soon, LATAM and Japan, it is rapidly building a global network of cloud services to service both local data requirements as well as global, multinational companies.

Its heritage, as a licensed telecommunications service provider, combined with the unique ability to offer both private managed and virtual private cloud services with the facility to burst into public cloud in a single architecture, means Ormuco can address the demands for the highest service levels and security requirements during production and test/development workloads.

According to the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, total cloud IT infrastructure spending (server, disk storage, and ethernet switch) will grow by 21% year over year to $32 billion in 2015, accounting for approximately 33% of all IT infrastructure spending, which will be up from about 28% in 2014. Private cloud IT infrastructure spending will grow by 16% year over year to $12 billion, while public cloud IT infrastructure spending will grow by 25% in 2015 to $21 billion.

Alex Rabbetts, CEO of MigSolv, comments; “We are delighted to have signed a contract with Ormuco which will enable MigSolv to offer Cloud services to its clients. We have been out to the market looking for some time and Ormuco with its rapid growth and Connected Cloud offering meets our needs and demonstrated a clear understanding of what Cloud can deliver to our clients.”

Orlando Bayter, CEO of Ormuco, comments; “We are delighted to enable an established UK business, MigSolv, to offer some of today’s best of breed cloud solutions which will benefit a number of UK and European companies.”