Lan 1 aims to double revenue in next two years (+27 photos)

Company announces plans for 2013 and will also increase channel participation

Guests at Lan 1's Christmas dinner

Guests at Lan 1's Christmas dinner

Networking and data storage distie, Lan 1, is looking to double its revenue from $30 million to $60 million within the next two years, Lan 1 managing director, Daniel Lee, said.

Lee was speaking at Lan1's 24th Christmas dinner last week with more than 70 of its staff and partners at Ocean Room, Sydney. Vendors that attended include: SafeNet, Motorola, Ruckus, D-Link, Aastra, Iomega, Dell SonicWall, and Alcatel-Lucent.

Over dinner, Lan 1 managing director, Daniel Lee, announced the company’s plans going forward into 2013. Lee said the company's goal is ambitious, but achievable given the right strategy.

To help promote the growth, it will be getting more involved in the channel.

“Our vendors are an important part of the ecosystem as well. It is our intention to protect the existing business and accelerate our growth over the next two years,” he said.

Lan 1 was recently acquired by investment firm, Hills Holdings (ASX:HIL), in October but they will both operate as two separate entities.

“The Lan 1 DNA will not change. With the strong backing of Hills and corporate governments, market reach and the ability to significantly fund larger projects will be made more achievable,” Lee added. Hills Holdings managing director and CEO, Ted Pretty, claimed that the company is looking to further acquire smaller companies in spaces such as managed services, IT services and communication services.

“We are going to focus more closely and particularly on the electronics, communications and IT sectors, and Lan 1 is a very important part of what we are about to do,” he added.

Lan 1 also took the opportunity to acknowledge the work of some of its most dedicated staff, providing them with tokens of appreciation.

Read more: Project delays set to impact Hills financial results

2015 ARN ICT Industry Awards: NOMINATE NOW!!!: Nominations for the 2015 ARN ICT Industry Awards are now open. Once again, it is time to NOMINATE NOW!!!

Join the ARN newsletter!

Error: Please check your email address.

Tags Data storagein picturesNetworkingslideshowacquisitiondistributorhills holdingsLan 1

Show Comments
 

Latest News

02:36PM
Dicker Data just misses breaking $1 billion mark in revenue for FY2014
12:23PM
Wi-Fi access point scans can betray a person's location
12:17PM
Liquid business environments are essential for company growth: VMware
11:45AM
CIOs still fear the Cloud: Red Hat
More News
28 May
D-LINK TECHNOLOGY SEMINAR (Far North QLD)
28 May
SplunkLive! Canberra
28 May
2015 Innotribe Startup Challenge
04 Jun
IM Experience, Sydney
View all events