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Board members help take Revera forward

Board members help take Revera forward

Gen-i today announced an advisory board to provide continuity and governance for Revera under Telecom ownership. The board will be chaired by Gen-i CEO Tim Miles and its members will include Gen-i COO Jo Allison, longstanding Revera board member Andrew Clements, and Revera co-founder Roger Cockayne.

Roger Cockayne, with Wayne Norrie, formed Revera in 2002 when they bought a controlling stake in the business and launched Hosting and Data centre Services (HdS, now known as Revera.) Roger pioneered Revera’s technology and service innovations, including Revera’s VDC® platform, Type-R Eco-Pod data centres and Homeland utility computing platform.

An investor and professional director, Andrew Clements joined Revera's board of directors in 2006 and was appointed Chairman in 2012. He is currently Chairman of Orion Health, New Zealand Assets Management and Amadeus Asset Administration. He is also a Director of NZX-listed Ryman Healthcare Limited and SOE Genesis Energy.

Tim Miles says: “I’m delighted to have been able to retain both Andrew and Roger to help take Revera forward under Telecom ownership. Their involvement will ensure we can protect Revera’s sources of competitive advantage, while leveraging the respective strengths of Revera and Gen-i to deliver value to our clients.”

“The feedback we’re receiving from the market regarding Revera has been extremely positive and we’re already seeing clients move to take advantage of the market leading capabilities of the combined Gen-i and Revera.”

Both organisations are market leaders focussed on delivering innovation in the sector and value to clients. Accustomed to partnering prior to acquisition, Gen-i and Revera sales teams are already collaborating to deliver a combined offering to market.

Key strengths of this combined offering include a market leading depth of capability across both managed infrastructure and utility computing services and a comprehensive nationwide network of high resiliency data centres. Additional data centre capacity will be available with the completion of Gen-i’s new facility in Christchurch in July, and construction of an additional new data centre in Auckland starting around the same time. Existing capacity at Revera’s Wellington data centre will also be leveraged by both companies.

“Revera will play a critical part in Gen-i’s success as we realign our business to focus on converged ICT services delivered over our high quality fixed and mobile networks and the cloud,” says Miles. “Revera’s focus, lean cost base, culture, innovation and speed to market, combined with Gen-i’s scale and depth of capabilities, position us well to meet growing demand for data centre and cloud services.”

A member of the Telecom New Zealand Group, Gen-i delivers network-centric ICT products and solutions, combining both IT and communications infrastructure to support the success of its 4,000 private and public sector clients. In the 12 months ended 30 June 2012, Gen-i’s operating revenue was $1.36 billion.

For more information on Gen-i, visit www.gen-i.co.nz

ENDS

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