Turnover: 897 million EUR (2022)
Country: France
OVH is France's leading data center operator
The company has raised several rounds of funding. For example, 400 million euros were raised in 2017 [ Les Echos ] after raising 250 million in 2016. [ Le Monde ]
OVH now has 270,000 servers in 5 data centers in France, Poland, Australia, Singapore and Canada
News
The five key axes of OVHcloud's strategic plan to 2026 20/01/2024
- OVHcloud employs 2,900 people worldwide, including around 2,000 in France
- 2023: sales of €897 million, with annual growth of 14%.
- Public cloud accounts for 62% of sales
- The public cloud market is estimated to be worth between 230 and 250 billion euros worldwide by 2023, compared with 16 to 19 billion euros for the private cloud.)
- Development of PaaS (Platform as a service), increasing their number from 10 to 40
- Public cloud accounts for 18% of sales
- by the end of 2023, there will be 32 data centers worldwide; by the end of 2024, the figure should rise to 45, including 22 in France.
- OVHcloud is tackling edge computing, which involves processing data as close as possible to where it is generated.It plans to open 150 local zones
OVHcloud withstands fierce competition from US giants | OVHcloud faces US competition 25/10/2023
- OVHcloud sales in 2023: 897 million euros.
- Growth in 2023: 13.4%.
- Company valuation: approx. 1.3 billion euros.
- Share of revenues from cloud: 80%.
- Growth in private cloud: 15.1%.
- Growth in public cloud: 22.8%.
- Share of sales generated outside France: 52% (of which 80% in Europe).
- Number of servers operated by the company: over 450,000.
- Number of data centers worldwide: 37
- Number of customers: 1.6 million.
- Investments in new data centers in India, Singapore, Sydney and Toronto
- Global market share of cloud leader AWS according to Gartner: approx. 40%.
- AWS revenues: around 22 billion in just three months.
- AWS growth trend: from 27% in autumn 2022 to 12% in summer 2023.
European Investment Bank (EIB), 200 million euro loan to OVHCloud 25/11/2022
- 450 million euros raised through IPO
- financing of 920 million euros
- 200 million euro loan from the European Investment Bank (EIB)
- Objective of setting up data centers in Europe
- Extensive investment program, to build 15 new data centers, ten of them in Europe in 2 years
- 4 company takeovers in two years
- Further acquisitions likely
Financial Data
DUNS: 424761419
Legal Name: OVH
Address: 2 RUE KELLERMANN , 59100 ROUBAIX
Number of employees: Entre 1 000 et 1 999 salariés (2021)
Capital: 50 000 000 EUR
Financial Data:
| Year | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 789 757 000 | 654 716 000 | 556 052 000 | 439 145 058 | 368 809 099 | 288 882 418 | 152 436 849 |
| Gross margin (€) | 810 670 000 | 621 686 000 | 551 092 000 | 403 410 623 | 342 474 096 | 284 614 438 | 153 001 831 |
| EBITDA (€) | 143 719 000 | 141 906 000 | 149 807 000 | 90 881 944 | 103 119 854 | 85 754 885 | 47 619 500 |
| Operating profit (€) | -16 562 000 | -9 405 000 | 6 838 000 | -10 306 756 | 13 876 993 | 21 843 673 | 13 053 426 |
| Net profit (€) | -70 382 000 | -43 276 000 | 11 469 000 | -14 041 478 | 12 958 480 | 16 179 851 | 7 801 678 |
| Turnover growth rate (%) | 20,6 | 17,7 | 6,3 | 19,1 | 27,7 | 89,5 | - |
| Ebitda margin rate (%) | 18,2 | 21,7 | 26,9 | 20,7 | 28 | 29,7 | 31,2 |
| Operating margin rate (%) | -2,1 | -1,4 | 1,2 | -2,3 | 3,8 | 7,6 | 8,6 |
| Working Capital (turnover days) | -36,7 | -13,4 | -4,6 | -0,3 | 28,9 | -32 | 29,3 |
| Working Capital requirements (turnover days) | -7 | 34,7 | 0,4 | -19,2 | -2,3 | -16,7 | -18,7 |
| Net margin (%) | -8,9 | -6,6 | 2,1 | -3,2 | 3,5 | 5,6 | 5,1 |
| Added value / Turnover (%) | 42,6 | 46,6 | 50,8 | 42,7 | 45 | 46,2 | 39,7 |
| Wages and social charges (€) | 179 605 000 | 153 978 000 | 126 442 000 | 89 273 256 | 56 801 646 | 43 358 374 | 10 617 162 |
| Salaries / Turnover (%) | 22,7 | 23,5 | 22,7 | 20,3 | 15,4 | 15 | 7 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Michel | Paulin | 64 | |
| Directeur général | Laurent | Allard | 63 |
Studies mentioning this company
The data center market - France
Other companies mentioned:
- OVH
- AWS Amazon Web Services
- ILIAD
- EQUINIX
- Interxion
- APL Data center
- Jerlaure
- Wattdesign
- Adista - Inherent
- Etix Everywhere
- Data4 service
- Marseille, Hub digital
- Altice
- Celeste Telecom
- Opcore Scaleway (Iliad Groupe)
- Google Cloud
- Microsoft Azure
- Schwartz Group (Lidll Kaufland, Schwartz Digit)
- Snowflake Computing
- XEFI
- NTT Nippon Telecom
- Evernex
- Green4Cloud
- Colt Technology Services France
- Telehouse France
- RITTAL
- RARITAN
The Cloud Computing Market - France
Other companies mentioned:
- Microsoft
- Google Cloud
- Orange Business Services
- OVH
- Outscale (Dassault System)
- Oracle
- AWS Amazon Web Services
- SalesForce
- Oordrive
- Service Now
- Data4 service
- Oxya
- IBM
- Qarnot Computing
- Shadow
- Interoute (Groupe GTT communications)
- GTT Communication
The cloud storage market - France
Other companies mentioned:
- Google Cloud
- AWS Amazon Web Services
- Microsoft
- IBM
- Tencent
- Oracle
- SalesForce
- OVH
- Antemeta
- Sewan
- Data4 service
- Qarnot Computing
- Outscale (Dassault System)
- Adista - Inherent
- Oordrive
- Orange Business Services
- Oxya
- Snowflake Computing
The quantum computer market - France
Other companies mentioned:
- IBM
- Atos Eviden
- C12 QE
- Quandela
- Pasqal
- Exail (Gorgé Groupe)
- OVH