OVHCloud plans price adjustments in 2022 and 2023. The French host announces that it will increase its prices by 10% from 1er December 2022 for several services.
The price increase will notably affect Baremetal, Hosted Private Cloud, Public Cloud and web hosts. Newly subscribed services and existing services will all be impacted, the company said.
After component shortages, inflation and rising energy costs are pointed out.
More details to follow…
In a blog article published earlier this week, Michel Paulin and Octave Klaba recall that with “an annual rate that reached +8.9% in July 2022 in Europe, including +39.7% for energy costs, inflation has a significant impact affecting all sectors of activity, including the digital sector”.
The host assures that “thanks to the management of our energy costs over the long term, in 2021, we did not have to change our prices. »
But he specifies that at the end of 2022, “our energy purchase hedges are coming to an end and we will find ourselves buying energy at the high price, that of the current market, which is growing strongly in all countries”.
OVHCloud will soon provide service-by-service information on price increases.
The DAF is leaving
OVHCloud also announced this week the departure of Yann Leca, until then Executive Vice President and Chief Financial Officer of OVHcloud.
The latter has decided to “give a new direction to his professional career” specifies the company in a press release from the Comex. Yann Leca will leave the company at the end of October, after the announcement of the 2022 annual results.
A recruitment process is currently underway.
“During several years of continuous and profitable growth, during which our company reached important milestones, including our historic and successful IPO, Yann contributed with excellence to making OVHCloud the largest European cloud provider in international dimension. In particular, he leaves behind a well-structured and competent team of finance professionals.