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Online Tech, an industry leader in secure, compliant enterprise-class hosting services, has averaged more than 30 percent annual growth since 2003, when co-CEO Yan Ness led a group of new owners who made significant investments in its data center and network infrastructure, making it Michigan’s largest managed data center operator. The company was founded in 1994 as one of the state’s first Internet Service Providers.
“To grow a business is an amazing accomplishment, but to grow it consistently at a rate of 20 percent or more is an achievement worthy of recognition and celebration,” said Paul Krutko, Ann Arbor SPARK president and CEO. Online Tech’s consistent growth was accelerated in 2012 when it received a $20 million investment from News-Press & Gazette Company to help it expand into new markets in the Midwest. Since then, the company has doubled its employee count to 50 and doubled the size of its Ann Arbor headquarters.
“A lot of our growth is nationally in the healthcare space and retail and financial segments, driven by the compliance that we’re focused on,” said co-CEO Mike Klein. “Our theme of compliance and mission critical applications has taken a toehold not only in Michigan, but across the country, where few cloud providers that have been through a full HIPAA and PCI audit. We have, and that has driven a lot of growth.”
Online Tech’s sixth FastTrack award was presented during the MLive Media Group/Ann Arbor News Deals of the Year black-tie event. Online Tech was one of three finalists in the Technology category for the Deals of the Year award, which recognizes the companies and individuals who made the greatest impact in the region over the previous year. Toyota took the honor for the Technology award for the $28 million expansion at its local technical center.
The FastTrack award is the latest in a string of honors received by Online Tech in 2013. In September, it was named one of the 101 Best and Brightest Sustainable Companies in Michigan. In June, it was awarded a Michigan Economic Bright Spot Award for being a driving force in the Michigan economy and leading innovation. In April, the company picked up its third DiSciTech award in four years for being a leading Michigan company in the digital, scientific and technology fields. Co-CEO Ness was named a finalist for the Ernst & Young Entrepreneur of the Year in the Michigan and Northwest Ohio region in May and a finalist for the Entrepreneur of the Year award at the Automation Alley Awards Gala in September.
Online Tech leads in secure, compliant enterprise-class hosting services. Online Tech’s Midwest data centers protect mission critical applications to ensure they are always available, secure, and comply with government & industry regulations. Backed by independent HIPAA, PCI, SOC 2 and Safe Harbor audits, Online Tech delivers exceptional experiences for companies in need of a strategic hosting partner. For more information, call (877)740-5028, email [email protected] or visit www.onlinetech.com.
Ann Arbor SPARK, a non-profit organization, is advancing the region by encouraging and supporting business acceleration, attraction and retention. The organization identifies and meets the needs of business at every stage, from start-ups to large organizations. Ann Arbor SPARK collaborates with business, academic, government, and community investor partners including the University of Michigan, Eastern Michigan University, Washtenaw Community College, Washtenaw County, Livingston County, Washtenaw County Michigan Works!, the City of Ann Arbor, Bank of Ann Arbor and the Michigan Economic Development Corporation. For more information, call (734) 761-9317 or visit www.AnnArborUSA.org.
Press Contact: April Sage, Director or Marketing, Online Tech, 734.213.2020 x 113 or [email protected]