SOMERSET, N.J.--(BUSINESS WIRE)--SHI International Corp., one of North America’s top 15 largest IT solutions providers, posted $1.3 billion in revenue for the first quarter of 2015, representing 12 percent year-over-year growth.
Revenues were propelled by significant growth in Microsoft products and services, especially new deals with small and mid-market organizations, and cloud products in organizations of all sizes. Led by Office 365 and Azure, SHI’s Microsoft cloud business among commercial customers grew 126 percent in Q1 compared to the same period a year ago. Revenues tied to cloud-based products represented 20 percent of all Microsoft revenues through SHI. Overall Microsoft revenue among small and mid-market organizations (including cloud products) grew 33 percent year over year.
“SHI understands the current IT challenges organizations are facing and how cloud-based and hybrid technologies are an integral part of their business plan,” said Thai Lee, President and CEO of SHI International Corp. “This strong first quarter is evidence of the deep expertise and commitment of the SHI team and the strength of our relationships with Microsoft and other valued partners. This network allows SHI to continue helping organizations manage their existing software agreements, navigate cloud licensing and consumption, and tap the best new technologies for their strategic business goals.”
Revenues from SHI’s commercial small and medium customers saw the biggest jump of the quarter, rising 23 percent year over year, followed by commercial enterprise (9 percent) and public sector sales (5 percent). Q1 sales in Canada, the United Kingdom, and France were also up significantly over the same period last year.
Founded in 1989, SHI International Corp. (and a related business under common ownership) is a $6 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 3,000 employees worldwide, SHI is the largest Minority and Woman Owned Business Enterprise (MWBE) in the U.S. and is ranked 15th among CRN's Solution Provider 500 list of North American IT solution providers. For more information, visit http://www.SHI.com.