SHI International Sets New Q1 Revenue Record

By Staff 5 years ago

SOMERSET, N.J.–(BUSINESS WIRE)–SHI
International, one of North America’s top 10 largest IT solutions
providers, earned $2.3 billion in the first quarter of 2019, growing
7.5% year over year, and surpassing the Q1 revenue record it set in 2018.

SHI experienced significant growth both domestically and
internationally. SHI’s Public Sector revenue surged ahead by 25% over
last year, while Corporate and SMB gained 14%. Overseas, France led the
growth with a 36% jump, and the U.K. rose 19% year over year.

Partners again played an outsized role in SHI’s success. Seven of SHI’s
Top 10 Partners experienced growth of 15% or more, including Dell,
VMware, Cisco, Lenovo, HP Enterprise, Apple, and Red Hat. Other standout
partners from the top 25 include F5 Networks, which leapt 62%, and
Amazon, which climbed 25%.

“Last year SHI experienced one of our best first quarters ever. But
despite that quick start and a marketplace change that will be reflected
in SHI’s reporting throughout 2019, we again set a new first quarter
record,” said Thai Lee, President and CEO of SHI. “We continue to see
strong growth among our top partners and business units, and remain on
schedule with the construction of two new facilities that will increase
our capacity to support our customers. Our unwavering focus on
addressing customers’ IT and business challenges, the ongoing strength
of our partnerships, and the dedication of our employees will keep SHI
on course for continued growth.”

Read moreSeoul Dragon City Hotel Creates Dazzling Lighting Displays with HARMAN Professional Solutions

SHI’s second Integration Center, a 400,000-square-foot facility in
Piscataway, New Jersey, will focus on delivering advanced data center
hardware and configuration solutions, and should be complete in
September. Garza Ranch, SHI Austin’s future home, is anticipated to open
in February 2020.

To date, SHI has won multiple awards and accolades in 2019 that
illustrate the depth of its partnerships and its commitment to employees:

For more information on SHI, please visit www.shi.com
and blog.shi.com.

ABOUT SHI

Founded in 1989, SHI International Corp. is a $10 billion global
provider of technology products and services. Driven by the industry’s
most experienced and stable sales force and backed by software volume
licensing experts, hardware procurement specialists, and certified IT
services professionals, SHI delivers custom IT solutions to Corporate,
Enterprise, Public Sector, and Academic customers. With over 4,000
employees worldwide, SHI is the largest Minority and Woman Owned
Business Enterprise (MWBE) in the U.S. and is ranked 8th among CRN’s
Solution Provider 500 list of North American IT solution providers. For
more information, visit https://www.SHI.com.

Press Resources

SHI Corporate Website: http://www.SHI.com
SHI
Blog: http://blog.SHI.com
SHI
Twitter Handle: @SHI_Intl

Contacts

For SHI International:
Gregory FCA
Matt McLoughlin,
610.228.2123
Matt@GregoryFCA.com

error: Content is protected !!