SHI International Corp. Achieves Record Revenue Growth in First Half of 2014

SHI earns $2.57 billion in revenue in the first half of 2014

SOMERSET, N.J.--()--SHI International Corp., one of North America's top 20 largest IT solutions providers, recorded revenue of $2.57 billion for the first half of 2014, a 12 percent jump year over year.

“Our year-to-date sales growth not only highlights SHI’s commitment to matching our customers with the best IT solutions, but reflects the continued momentum of our company’s incredible progress over the last five years,” said Thai Lee, President and CEO of SHI International Corp. “SHI was a $2.3 billion company in 2009, but today we’ve exploded into a $5.1 billion enterprise with continued growth on the horizon.”

SHI’s momentum was evident across many of its sales divisions in the second quarter, with public sector and corporate sector revenue up 18 percent and 36 percent year to date, respectively. The company also saw significant international revenue growth, with SHI Canada up 7 percent and SHI U.K. up 24 percent compared to 2013.

“While Microsoft remains one of SHI’s key partners (year-to-date revenue jumped 27 percent year over year), we have also continually expanded our service offerings into new fields over the past five years,” said Lee. “Our datacenter business has thrived since 2009, with overall data storage revenue up 900 percent, datacenter software sales increasing by 350 percent, and EMC storage sales jumping more than 1,000 percent. Additionally, as organizations continue to capitalize on the cloud and virtualization, we’re well positioned to fulfill their needs and will optimize this new delivery method by welcoming new vendors, partners, and ecosystems.”

To learn more about SHI, please visit www.shi.com and blog.shi.com.

ABOUT SHI

Founded in 1989, SHI International Corp. is a $5 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 2,600 employees worldwide, SHI is the largest Minority and Woman Owned Business Enterprise (MWBE) in the U.S. and is ranked 17th among CRN's Solution Provider 500 list of North American IT solution providers. For more information, visit http://www.SHI.com.

Press Resources:

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

Contacts

Gregory FCA
Mike Lizun, 610-642-1435
Mike@GregoryFCA.com

Release Summary

SHI International Corp. Achieves Record Revenue Growth in First Half of 2014; SHI earns $2.57 billion in revenue in the first half of 2014.

Contacts

Gregory FCA
Mike Lizun, 610-642-1435
Mike@GregoryFCA.com