SOMERSET, N.J.--(BUSINESS WIRE)--SHI International Corp., one of North America’s top 15 largest IT solutions providers, reported 14 percent year-over-year growth to reach $2 billion in revenue for the third quarter of 2016. The record Q3 adds to SHI’s rapid growth for the year with revenue for the first three quarters of 2016 totaling $5.3 billion.
Third quarter growth was driven in equal parts by established top SHI partners—Microsoft, VMware, Dell, HP Inc. and Hewlett Packard Enterprise, Cisco, Adobe, Oracle, Lenovo, Symantec, and Apple—and noteworthy emerging partners, such as Commvault, Nutanix, Pure Storage, and Amazon Web Services (AWS). In particular, SHI’s sales, services, and management of customers’ AWS solutions resulted in exponential Q3 year-over-year growth at a rate that could make AWS a top-ten SHI partner as early as the first quarter of 2017.
“Our partners, both long-term and emerging, are the cornerstone of our world-class customer support, and the reason we continue to add opportunities that drive our consistent growth,” said Thai Lee, President and CEO of SHI. “Customers are responding to the commitment and reinvestment we have made in building on our data center and cloud expertise, and they see value in the complex infrastructure, networking, and storage solutions we can provide.”
SHI’s Corporate and SMB division led domestic sales with a 17 percent increase, followed closely by its Strategic and Commercial Enterprise and Public Sector branches, which improved 12 and 15 percent, respectively. Internationally, Canada, the United Kingdom, and France all saw double-digit growth this quarter.
“Further motivated by the performance in these first three quarters, SHI will continue to actively build our data center offering,” Lee said. “Additionally, SHI will remain dedicated to hiring the industry’s best and brightest advanced solutions experts and making them available to our customers at every stage of the technology cycle, so customers can evaluate and deploy solutions that best fit their unique, long-term technology and business needs.”
For more information, please visit www.shi.com and blog.shi.com.
ABOUT SHI
Founded in 1989, SHI International Corp. 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.
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SHI Corporate Website: http://www.SHI.com
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Blog: http://blog.SHI.com
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Twitter Handle: @SHI_Intl
