Welcome!

News Feed Item

OnX Enterprise Solutions Achieves Record Growth in FY 2014

Success Attributed to Solution Delivery Approach and Growing Managed Services Business

TORONTO, ON and NEW YORK, NY -- (Marketwired) -- 06/09/14 -- OnX Enterprise Solutions, a leading enterprise data center IT solutions provider, today announced record growth in FY 2014, which closed on April 30, 2014. Compared to FY 2013, earnings before interest, taxes, depreciation and amortization (EBITDA) more than doubled in both OnX Canada and OnX U.S., and OnX's Managed Services division exceeded earnings expectations for a second year in a row. In addition, OnX's U.K. operation continues to expand to meet the business needs of global and European customers and Momentum, the company's digital solutions division, also continued its strong growth trajectory, developing actionable digital strategies and experiences for enterprise clients. With OnX's successful financial performance in 2014, it will continue investing in its cloud and data center solutions, technical talent, and new services for clients.

"We're excited about our sustained growth across both the U.S. and Canada and we strongly believe that when we help clients succeed, we prosper, which is what makes our solid performance this year, across all divisions and all regions, even more meaningful," said Mike Cox, CEO, OnX Enterprise Solutions. "This growth clearly validates our successful approach in bringing together a unique combination of exceptional people, dynamic processes, and innovative technology to help clients win."

OnX's strong financial performance in FY 2014 is also due to its award-winning partner relationships with industry leading manufacturers. Combined with the expertise of the OnX technical and professional services teams, these manufacturers play a key role in the development of custom solutions for OnX's clients.

Over the last few years, OnX has worked diligently to adapt to the rapidly changing and growing IT landscape by providing highly flexible enterprise infrastructure solutions from traditional IT to As-a- Service solutions that provide a higher level of managed IT. OnX offers an end to end solution managing mission critical workloads in clients' data centers, in OnX data centers, or a hybrid model in multiple facilities for Disaster Recovery. To date, OnX has deployed its Managed Services offerings in some of the most challenging IT environments including mission critical deployments in healthcare, financial services, telecom, and retail.

"We're very proud of our accomplishments, including a solid financial performance which is a direct result of a company-wide shift to develop innovative solutions for today's changing IT landscape," said Paul Khawaja, President, OnX Canada. "Our approach to providing traditional IT solutions and As-a-Service offerings is a clear market differentiator for OnX and is well suited for clients who want creative customized IT solutions that help them improve operational efficiency, minimize IT risk, and support their growth initiatives. We have addressed these needs head on and are leading the industry as a result."

The OnX Approach
OnX understands its customers' business and IT goals and applies technical expertise of both traditional and As-a-Service solutions to best solve clients' unique IT challenges while expanding their opportunities for success. OnX designs solutions available from a complete portfolio of hardware, software and services to help companies accelerate growth, reduce costs and create competitive advantage. The company's flexible delivery model allows clients to consume technology the way they want to consume it based on their business goals.

About OnX Enterprise Solutions
OnX Enterprise Solutions is a leading global provider of end-to-end IT solutions. The company designs, builds and manages complete data center environments comprised of multi-vendor offerings in four core areas: Technology Solutions, Managed Services, Digital Application Services, and Professional Services. For more than 30 years, OnX has helped clients achieve exceptional business results that accelerate their growth and value. OnX's team of more than 600 IT professionals work at OnX offices throughout North America and Europe, with global headquarters in Toronto, Canada, U.S. headquarters in New York, NY, and U.K. headquarters in London, England. OnX is a privately held company and majority owned by Marlin Equity Partners. For more information, visit: www.OnX.com.

For more information, contact:
Kate Carey
New Venture Communications on behalf of OnX
(650) 814-3088
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
Zerto exhibited at SYS-CON's 18th International Cloud Expo®, which took place at the Javits Center in New York City, NY, in June 2016. Zerto is committed to keeping enterprise and cloud IT running 24/7 by providing innovative, simple, reliable and scalable business continuity software solutions. Through the Zerto Cloud Continuity Platform™, organizations can seamlessly move and protect virtualized workloads between public, private and hybrid clouds. The company’s flagship product, Zerto Virtual...
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Due of the rise of Hadoop, many enterprises are now deploying their first small clusters of 10 to 20 servers. At this small scale, the complexity of operating the cluster looks and feels like general data center servers. It is not until the clusters scale, as they inevitably do, when the pain caused by the exponential complexity becomes apparent. We've seen this problem occur time and time again. In his session at Big Data Expo, Greg Bruno, Vice President of Engineering and co-founder of StackIQ...
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
FinTech is the sum of financial and technology, and it’s one of the fastest growing tech industries. Total global investments in FinTech almost reached $50 billion last year, but there is still a great deal of confusion over what it is and what it means – especially as it applies to retirement. Building financial startups is not simple, but with the right team, technology and an innovative approach it can be an extremely interesting domain to disrupt. FinTech heralds a financial revolution that...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...