In mid-2009, Ron Sacks and his business partner had seen enough to know that even in the midst of a flat-line economy there were signs of hope for their prospective business – a managed-services provider with data centers in Providence.
“We saw demand for data-service centers far outweighing supply,” recalled Sacks. “At the same time, some of the key technology cloud services such as big-data analytics were driving even more demand to a limited supply.” In July 2009, Provdotnet LLC was born.
Finding themselves alone in the marketplace wasn’t exactly the pinch-me-I-must-be-dreaming-state they thought it would be. Growing at breakneck speed can be scary.
“Out of the gate, because of pent-up demand, we started with positive cash flow, which meant we could build out our facilities and services,” said Sacks.
Provdotnet never got the chance to crawl before it had to run. “As soon as we launched, customers were ready for us to manage their data,” said Sacks. “Our facilities weren’t ready. To create the kind of environment of an HVAC cooling system, we sealed all the windows, ran to Lowes and bought three 2500-BTU air conditioner window units, dropped to our knees and prayed we’d get through the summer.”
From makeshift to state of the art, Provdotnet now has its Tier 3 computer-data center and has seen its revenue double year over year. “This year, 2013, we will have between $1 million and $1.5 million in revenue, and next year we expect revenue to be between $2 million to $3 million,” said Sacks. •
Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.