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21vianet Group Inc
VNET, or VNET International, Inc., is a leading pure-play IT services provider in China. It contains a comprehensive suite of service offerings, from software development, e-commerce operations, and data operations to IT consulting services that address the entire life cycle of IT needs for businesses across various sectors.
The company is well-known for its breadth and depth of services and solutions, a result of its more than 15 years of focus in the IT services industry. Its software development services can satisfy customer needs for software development, including maintenance and testing. The company's software development services include web-based software development and maintenance, mobile application development, and cloud-based software development.
VNET's e-commerce operations services allow customers to build and run their online shops seamlessly. Its customers may construct and implement an effective e-commerce strategy with the help of the services, which include software selection and implementation, website design creation and deployment, and security and maintenance.
Additionally, VNET offers data operation services that enable organizations to evaluate enormous amounts of data quicker and more intelligently. Data backup and recovery services, digital marketing services, and cloud services are some of the offerings included.
VNET reached a two-year revenue compound annual growth rate (CAGR) of nearly 16%, with revenues in the latest quarter growing 25.4% year over year.
VNET is the industry leader in IT services among small-cap firms and is expected to maintain high growth levels with its recent large-client acquisitions and high demand for cloud services for e-commerce.