Updated February 28 at 10:26am

High demand, low supply keep company racing

By Michael Persson
Contributing Writer
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. More

To continue reading this article, please do one of the following.



Sign up to receive Providence Business News' newsletters
and breaking news alerts.  

FASTEST-GROWING & INNOVATIVE COMPANIES

High demand, low supply keep company racing

Posted:

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. •

28~24, 2013FGICExport.pbn, provdotnet, ron sacks, data service center

Comments

No comments on this story | Please log in to comment by clicking here
Please log in or register to add your comment
Latest News