Innovation & Job News

Online Tech grows revenue 30% with cloud computing

Wednesday, January 26, 2011

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Ann Arbor

Online Tech continues its growth in Ann Arbor, thanks in large part to the integration of cloud computing into its product portfolio.

The Ann Arbor-based firm watched its revenue grow 30 percent in 2010 while adding five people to its staff. The data management company now has 20 employees, an intern, and 10-15 independent contractors. It plans to hire another five people this year on the expectation of a 30-40 percent revenue increase.

Online Tech's growth is coming on the strength of its new products, such as adding cloud computing options. The 16-year-old firm added private cloud services to medium-sized business as a staple of its portfolio. It now employs a range of cloud-computing products specifically tailored to each customer's needs.

"Michigan's economy has really turned," says Mike Klein, COO and president of Online Tech. "This year we have noticed a lot of people who want to move their IT into the cloud."

Online Tech has data centers in Ann Arbor and Flint. It made significant investments in its data center infrastructure and customer portal last year that it plans to capitalize on this year. The infrastructure investments include upgrading to energy efficient cooling systems, increasing backup power capacity, and adding Qwest network connectivity to the data centers to improve the network resiliency. Its new customer portal, OTPortal, provides hosting clients greater visibility and control over every device in their data centers.

Source: Mike Klein, COO and president of Online Tech
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.