Netalia's Ambition: Going Public and Reaching 50 Million in Revenue Within 5 Years

Netalia, an Italian cloud provider, has completed its transformation into a Joint Stock Company (SpA) by increasing its capital to 1 million euros. Now, it has unveiled its plans for the future: within 5 years, the company aims for a revenue of 50 million, to increase its workforce to 200 employees, and to go public.

The Growth Plan for Netalia

With the transformation into SpA, Netalia has raised its capital to 1 million euros through a direct investment made by the current ownership. However, the plans for the future are far more ambitious: by the end of summer, a second capital increase is expected, this time open to third parties as well.

The capital raised will be used to accelerate development by investing in both local infrastructure and personnel. The goal is to have 200 employees, 10 times the current number, in 5 years. The plan does not include the construction of new data centers in Italy, but instead focuses on repurposing existing facilities and forming partnerships with system integrators and other industry operators, including software companies and telecommunications firms.

The 5-year target is to achieve 50 million in revenue.

Why is Netalia Betting on Italy?

The Italian cloud market is worth about 8 billion euros and is growing by 20% annually. Long dominated by large international players, it is now entering a new phase. More and more companies are considering the transfer of data and applications to national providers, driven by the needs for digital sovereignty, compliance with European regulations, cost control, and greater tariff predictability. This trend could generate a market in Italy of around 400 million euros per year in the coming years. It is a still poorly defined space, where diverse services coexist, ranging from simple colocation to cloud platforms. Netalia has chosen to position itself as a public cloud provider in Italy, delivered through a distributed infrastructure across the territory and designed as a structural alternative to foreign hyperscalers.

As explained by Michele Zunino, CEO of Netalia, "In an increasingly unstable global geopolitical framework, digital has now become a national political and strategic issue, just like defense: there cannot be any true sovereignty for a country without direct and independent control over digital assets and systems. That is why our five-year plan expresses the full nature of a system company. We are not just chasing simple financial goals, but the strategic aim of ensuring actual independence for Italy and its productive fabric, from large enterprises to the Public Administration, and up to SMEs. Choosing a national cloud indeed means defending the economic value of our territory and creating value for the entire community."