SHI International Corp. Posts $5 Billion in Revenue for 2013
SHI sets new records for revenue, workforce as it nears its 25th anniversary
SOMERSET, N.J.--(BUSINESS WIRE)--SHI International Corp., one of North America's top 20 largest IT solutions providers, today announced revenue of $5 billion in 2013, a 15 percent increase over 2012. SHI posted $1.5 billion in revenue for the fourth quarter, also 15 percent better than the same period the previous year.
“For a quarter century, SHI’s expansion has been driven by our ability to efficiently connect IT organizations with the technology solutions that help meet their strategic objectives”
SHI’s public sector, corporate, and enterprise commercial sales divisions each surpassed $1 billion in revenue for the first time in 2013. Combined, the strategic enterprise and international divisions accounted for an additional $2 billion in revenue for 2013.
“For a quarter century, SHI’s expansion has been driven by our ability to efficiently connect IT organizations with the technology solutions that help meet their strategic objectives,” said Thai Lee, President and CEO of SHI International Corp. “If we were a public company, SHI’s $5 billion in revenue would rank us among the Fortune 500, which includes many of our valued customers and partners. It’s clear that the close relationships we’ve built with our clients, partners, and, of course, our employees have been--and will remain--the key to our success now and well into the future.”
In addition to its revenue growth, SHI added over 400 new employees at offices throughout North America and Europe in 2013, expanding its workforce to 2,500 employees, the most in its history.
Throughout 2013, SHI expanded its cloud offerings through the newly launched Cloud Marketplace, an online portal for sourcing, procuring, and managing Infrastructure as a Service (IaaS) solutions from leading cloud services providers. Strategic new partnerships with Box, Google Apps, and Amazon Web Services drove further adoption of cloud services.
SHI also earned recognition from long-term partners, winning awards for Microsoft Channel Partner of the Year for state and local government and academic, as well as VMWare Solution Provider Partner of the Year. Dell named SHI its DMR Partner of the Year for the fourth consecutive year, and the company won the Microsoft Operational Excellence Award for the 10th consecutive year.
ABOUT SHI INTERNATIONAL
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 2,400 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.