EVOBITS IT
€ 7 million
Annual turnover from fewer than 10 clients
900 +
AI servers currently under management
1.15
Power Usage Effectiveness ( PUE ) ratio achieved through cooling innovations
shifts in its business focus . First founded in 2014 as a software development firm , EvoBits IT first started engaging with data centres during the cryptocurrency mining boom of 2017 .
“ We started initially as a programming company , focusing solely on software development for the first few years . Then we moved into the data centre business , starting with hosting during the cryptocurrency boom in 2017- 2018 ,” says Silviu Balaci , founder and IT consultant at EvoBits IT . “ Between 2020 and 2021 , we moved completely to the data centre business . Starting in 2020 , we stopped all external software development services . We ’ re no longer doing software development except in extremely rare cases when clients specifically request it .”
In 2021 , Silviu sold his shares but remained with the company as a consultant in a role equivalent to Chief Technology Officer , managing business direction and technical strategy . This restructuring ultimately positioned the company for its next phase of growth in the AI infrastructure market .
Such a deliberate strategic move coincided with growing demand from AI startups seeking managed infrastructure services . More data centre power is required to support business demand for emerging technologies like AI and cloud computing , which has caused the market – particularly in Europe – to swell .
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