DataPath Announces Plans for International
Expansion on Heels of Strong 2015 Growth & Streamlined Operations
Feb. 4, 2016
DataPath, Inc. announced plans to expand
its customer-facing functions and international footprint, on the
heels of strong 2015 growth. The expansion will include the
launch of new products in the company's portable satellite terminals
business, continued development of its DataPath Services Division,
as well as plans for new sales and customer service offices in the
Middle East,
India,
Singapore and Australia. To help fuel the
expansion, DataPath has finalized the last remaining restructuring
actions from its divesture from Rockwell Collins in 2014, resulting
in a more nimble, customer service focused organization. By
streamlining DataPath's overhead and general administration
expenses, the company has positioned itself to make further
investments in customer-facing positions like business development
and rapid response services, as well as new product offerings and
facility upgrades.
For DataPath, 2015 was the first full year
under new ownership and management, following its divestiture from
defense contractor Rockwell Collins and acquisition by a private
investment group in July of 2014. Since the spin-out, DataPath
has dramatically improved its business, retaining large company best
practices, while streamlining overhead costs and embracing a
responsive customer-focused culture. The result has been
strong double-digit revenue growth and improved profitability,
coupled with significant investment in new products. Recent
new product launches have included the QCT90 man-packable satellite
terminal, an updated version of the company's MaxView® Enterprise™
network monitor and control software suite, and an all new managed
Cyber Security Services offering.
Building on the success of last year,
DataPath is announcing plans to open new sales offices in
Dubai,
New Delhi, and
Singapore in the second and third quarters of 2016.
An additional customer support center is planned for
Australia toward the end of the year. The new
offices will expand DataPath's current international footprint,
which already includes presence in 10 countries.
The new offices follow DataPath's
infrastructure investments from 2015, which included the opening of
a DataPath Services Division and Global Field Services center at
Aberdeen Proving Ground, Md., to better support
professional and field services for the U.S. Army and other
government customers.
"Over the past 18+ months, we have been
transforming DataPath into a customer-focused organization with
small company agility, and big company scalability," said
David Myers, DataPath's
President & CEO. "Part of the transformation has been
streamlining and optimizing our overhead and general administration
expenses to fund research and development of new products and expand
our customer-facing functions and business development. These
cost optimization efforts, combined with the strong financial
backing of our private equity investors, have enabled DataPath to
grow and invest at an accelerated pace. All of these efforts
are with an eye toward ensuring that we have the products and
technologies the market wants and global support in the locations
where our customers need it most."