Data protection services company Vault365 said today that it is launching its services in the UK market as it saw "significant" demand for its data backup and security capabilities in the first year since its launch in Ireland.
The company also said it expects to achieve revenues in excess of €2m over the next 18 months.
Headquartered in Dublin, Vault365 provides an all-in-one backup, ransomware and data protection solution, powered by Veeam Technology.
It enables the fastest data restore in the industry for information stored both on premises and in cloud applications, including Microsoft 365.
Vault365 now securely backs up critical data for over 25,000 Microsoft 365 accounts and said it plans to engage a further two resellers in the Irish market this year.
The company said it has recently added Disaster Recovery as a Service (DRaaS) to its portfolio which ensures that all data is securely hosted at, and immediately recoverable from Vault365's Irish and UK data centres.
It said this eliminates the risk of data loss and means minimal downtime for organisations in the event of a major incident or loss of company data.
Cillian McCarthy, CEO of Vault365, said the company believes that having secure and reliable backups is the first line of defence in cybersecurity.
"We are seeing a huge demand for data backup solutions among businesses in the face of an evolving cyber threat landscape, and this crucial service offers peace of mind to customers that their data is secure and operations can continue uninterrupted should an incident occur," he added.
