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Greg Davidson – CEO, Datacom New Zealand 
Datacom Group increased its revenue by 9.3 percent to $ 1.27 billion NZ $ for the year. Fiscal year ended March 31, 2018.
after-tax group profit for the year was $ 23.5 million New Zealand, compared with $ 43.7 million last year .
Datacom has now reported having recorded twenty years of steady revenue growth. Over the past decade, it has more than doubled its revenues, with a compound annual growth rate (CAGR) of 8.5%.
Datacom increased revenue by 8.8% in Australia and Asia and by 9.8% in New Zealand. Customers include the Department of Home Affairs in Australia and Auckland Airport, NZ Lotteries Commission and Vector Energy in New Zealand.
Datacom also launched new projects with existing clients such as Transport for NSW, the Prime Minister and the Cabinet. in Queensland, and the Accident Compensation Corporation (ACC) in Wellington.
"Datacom's strategy and new organizational structure positions us well to meet current and future customer needs, as well as the future growth of all markets, and we are confident in our ability to capitalize on strategic growth areas such as cybersecurity and customer experience, and our ability to provide high value solutions to our customers, "said Greg Davidson, CEO .Operation expenses for major investments have increased by 35 percent to reach $ 19.1 million in 2016.
Datacom stated that the increased investment was intended to support its strategy to increase its capabilities and global footprint and support the creation of new lines.
Datacom Equal Newly opened new offices in Auckland, Adelaide, Singapore and a new partnership with Australian data center provider, AirTrunk.
The Datacom Systems company continued to generate the largest percentage of revenue, particularly through projects based around IT Managed Services, third-party products and licenses, and custom software development.
Consulting and implementation projects for public datacenters, networks, and cloud continued to perform well, while its own hybrid cloud solution, DCS, continued to grow and invested heavily in the new Azure Stack solution from Datacom. The number of employees rose to 5,332, up 9.3% from 2017.
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