Bigger contracts and crypto mining ignite DC Two’s FY22 vision

It takes a particular enterprise to capitalise on distant work tendencies and cryptocurrency’s emergence. Data centre and cloud computing play DC Two is monitoring to do precisely that.

DC Two (ASX:DC2) is a vertically built-in knowledge centre, cloud and software program enterprise which final quarter generated a quarter-on-quarter recurring income improve of 20% to $568,264 – spectacular development by any measure.

But administration believes there’s potential for exponential development within the enterprise, because it strikes nearer to securing profitable Tier III accreditation for its flagship Bibra Lake knowledge centre in WA, and concurrently explores a modular area attracting consideration from crypto mining performs domestically and overseas.

“There actually is just a few totally different features of this enterprise that we’re significantly enthusiastic about,” DC Two government director Blake Burton informed Stockhead.

“Over the final 12 months we’ve been constructing out that knowledge centre at Bibra Lake to get it to a degree of Tier III accreditation from the Uptime Institute.

“At the identical time, we’ve bought the DC Two regional modular knowledge centre facet of the enterprise, which is rising and attracting curiosity from abroad as a result of it permits us to supply vitality in an ESG-friendly method.”

It’s clearly an thrilling time for DC2 because it grows from its small enterprise roots to one thing a lot bigger.

What on Earth is a Tier III knowledge centre?

We had been all considering it. The world of digital infrastructure is ruled by an organisation referred to as the Uptime Institute – which measures services internationally utilizing a tier system.

It’s a measurement which permits clients to higher perceive the extent of facility they’re utilizing for his or her knowledge. Tier III is the second-highest certification achievable.

“Tier III is basically necessary to us, as a result of it’ll enable us to entry contracts with loads of authorities enterprises and medium-sized companies,” Burton stated.

“Tier III principally implies that the way in which your knowledge centre is constructed permits it to maintain your companies on-line for no less than 99.982% of the time – it’s all about protecting your knowledge and companies on-line.

“Smaller knowledge centres can’t try this, which greater clients view as a threat to their enterprise. Tier III certification will enable us to truly begin focusing on the medium- and larger-sized companies that our present services don’t enable us to.”

The Bibra Lake facility has already acquired ISO27001 certification – an internationally recognised safety administration commonplace considered finest observe for data safety administration techniques.

Grouping Tier III and ISO27001 is an excellent factor with regards to attracting new enterprise. Which is well timed, since a $2.5 million capital raise announced in September flagged the expansion of DC2’s sales team.

Business development – you like to see it. The knowledge storage trade seems to be going precisely the identical method.

“The entire world has skilled modifications with COVID – there’s been that massive shift from having all the things saved on a server on the workplace to folks connecting remotely,” Burton stated.

“People are actually working from residence, they’re connecting remotely to an electronic mail server or this system they use, and to facilitate that distant connection you want the info centres and cloud platforms.

“People have actually began to see this shift from the bodily to the digital over the previous few years, and we really feel it highlights the significance of this trade and what we’re trying to do.”

ESG-friendly renewable digital forex mining

At first look this subhead might appear to be an inventory of 2021 funding buzzwords, however in DC Two’s case it’s an actual issue driving curiosity and development within the firm’s modular choices.

DC Two’s regional modular services are containerised knowledge centres that are positioned on renewable vitality websites, tapping the ability generated onsite to run the info centre tools.

The first of those is positioned in WA’s Midwest, the place the corporate not too long ago gained contracts value greater than $1.7 million and is increasing capability to round 2 megawatts by the top of 2021.

DC Two can be delivering a modular knowledge centre in Victoria subsequent 12 months, along with its knowledge centre undertaking in Western Melbourne.

“What we’re doing largely for the time being with modular is internet hosting digital forex mining tools,” Burton stated.

“We’ve bought folks coming from abroad, the place there’s been an enormous clamp down when it comes to crypto mining, and we’re capable of supply it in an ESG method with renewable vitality.

“At the second we’ve bought the Midwest, which is a wind farm, we’re engaged on a website in Victoria, which is biogas, and there’s one other website in Collie underneath a non-binding MOU which is a photo voltaic farm.

“We place buyer tools on these renewable vitality websites, and we’re capable of supply actually low-cost energy to them that they’ll’t get within the metro space. In some instances, we truly additionally promote crypto mining tools to the client.”

Having constructed itself primarily in WA within the early phases of the enterprise, DC Two can be trying on the east coast put up Tier III accreditation at Bibra Lake.

The firm at present has a Northern Territory cloud platform in operation, with Victoria doubtlessly the following level of name in accordance with Burton.

“Our subsequent push goes to be over east,” he stated.

“Victoria is a extremely attention-grabbing state for us, as a result of we’re already engaged on modular there.

“Now we are able to doubtlessly have a look at working our personal cloud platform and companies over there as properly.

“That’s seemingly shaping as our first comparatively massive funding outdoors of Western Australia.”

 

 

 

This article was developed in collaboration with DC Two, a Stockhead advertiser on the time of publishing.

 

This article doesn’t represent monetary product recommendation. You ought to think about acquiring impartial recommendation earlier than making any monetary selections.