Datacom Group
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| Private company | |
| Industry | IT Services: managed services, consulting, cloud services, data centre services, software development, business process management, payroll services |
| Founded | 1965 |
| Founders |
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| Headquarters | Wellington, New Zealand |
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Key people
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| Revenue |
 NZ$1.085 billion (2016) |
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NZ$27.2 million (2016) |
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| Owners |
Evander Management (52.3%) New Zealand Superannuation Fund (37.6 per cent) |
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Number of employees
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4,661 (August 2016) |
| Website | datacomgroup |
Evander Management (52.3%)
Datacom Group Limited is an Information Technology services company, offering IT management and consulting, cloud services, data centre services, custom software development, business process management and payroll services. The company was started in New Zealand in 1965, but has expanded to operate in Australia, Malaysia, the Philippines, the USA and the UK, employing 4700 people across 29 offices globally.
The company's two biggest shareholders are Evander Management Ltd (the family company of John Holdsworth) with 52.3 per cent and the New Zealand Superannuation Fund with 37.6 per cent. The New Zealand Superannuation Fund spent $142 million in 2012 buying out New Zealand Post's 35 per cent shareholding. John Holdsworth stepped down as chairman of the board in 2012 and was replaced by New Zealand businessman Craig Boyce.
Datacom was founded as Computer Bureau Ltd in Christchurch, New Zealand in 1965. It expanded nationally through the holding company Datacom Group Ltd in 1971, before opening offices in Australia in 1992, and in Asia in 1994. Jonathan Ladd serves as group CEO of the company, Greg Davidson is the CEO of Datacom New Zealand. Ladd assumed the role of Group CEO following the death of Michael Browne in July, 2010.
Datacom was founded as Computer Bureau Ltd in 1965 by two Christchurch accountants, Dr Bernard Battersby and Paul Hargreaves. Their vision was to provide cost effective IT services to clients who needed automation, but could not afford to take on the risk alone in a market in which skills were scarce, risks significant, and the cost of the technology very high.
A group of clients put up the original capital for the company - £30,000 - and an order was placed for an ICL 1902 computer, which didn't arrive in New Zealand for another year.
The company hired its first systems analysts and programmers in August, 1965, and installed the first computer for a client in September of the following year.
In 1968, the company, now called CBL added additional offices in Wellington, Auckland and Hamilton between 1968 and 1970.
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Wikipedia