Cloudist 2024: A Year of Growth and Progress
2024 has been a pivotal and successful year for Cloudist. At a time when Broadcom's acquisition of VMware created uncertainty in the industry, we've not only maintained our position, we've strengthened it. That confirms both our competence and our relationship with VMware.
In June 2022, we took a decisive step when we acquired Cloudist from EcoDataCenter. The goal was clear, to develop our climate-smart cloud platform to the next level as an independent company. Together with our partners, we work to make IT in the Nordics the greenest in Europe. At the time of the acquisition, we set a plan that we’ve followed, despite the challenges of a pandemic, economics, and global uncertainty. In 2024, we reached an important milestone by becoming profitable, a goal we achieved entirely through our own efforts.
Key Milestones Achieved in 2024:
Financial Results
When we summarize this year’s numbers, a clear trend emerges. Our Monthly Recurring Revenue (MRR) grew by 48% compared to the previous year. This increase shows that our customers value what we deliver. Even more telling is the development of our annual revenue, which grew by 37% year-over-year. The journey from a negative result to a profit of approximately 2.6 million SEK demonstrates that our strategy for long-term growth is working.
Growth in IaaS
In 2024, we saw strong growth of 55%. Our service, designed to meet market demands for flexibility, scalability, and security, has flourished. This consistent growth confirms that our systematic efforts to deliver reliable solutions align with what customers are looking for.
Move to New Offices
During the year, we established ourselves in new premises at Lilla Torg in central Malmö. This move is more than just a relocation, it reflects our progress and future plans. A modern workplace in the heart of the city provides the right foundation for the next step in our development.
Sustainability and Certifications
Our focus on quality, security, and environmental responsibility was affirmed through two significant achievements: upgrading to ISO27001:2022 and obtaining the new ISO14001 certification. These are more than formal documents, they demonstrate that we systematically integrate quality, security, and environmental awareness into every aspect of our operations.
Team Expansion
We welcomed two new team members this year who are already contributing valuable expertise to our company. In 2025, we look forward to expanding the team further with three new colleagues who share our vision and commitment.
Partnerships and Community
We are thrilled that more resellers share our dedication to sustainability, quality at every level. We are driven by the same conviction, that sustainability is essential for the industry’s development and the planet’s future.
Looking Ahead
As we reflect on 2024, we see the results of focused efforts. But this is just the beginning. The development of our green services and partnerships continues with even greater ambitions.
To our employees, customers, and partners, we extend our heartfelt thanks for the trust to build a sustainable future together.
2025. Green Clouds Ahead.
Best regards,
Jasenko Masic
CEO, Cloudist AB