|[August 11, 2017]
SHI Posts Record $3.7 Billion Revenue in First Half of 2017
International Corp., one of North America's top 10 largest IT
solutions providers, set a new record for first half revenue with $3.7
billion, up 12 percent year over year. SHI's year-to-date growth topped
a long list of first half achievements, including being ranked as one
of America's Best Midsize Employers by Forbes.
SHI's Corporate and SMB division led domestic growth with a 20 percent
increase in revenue while Strategic and Commercial Enterprise saw a 7.5
percent increase. Internationally, SHI's U.K. division led growth with a
50 percent year-over-year increase.
"The first half of 2017 saw steady growth balanced between our
customers' need to refresh end-user hardware and deploy innovative and
secure data center solutions across their organizations," said Thai Lee,
President and CEO of SHI. "Through our existing partnerships with the
leading technology companies, we're able to support our customers'
initiatives quickly and effectively. Many customers are choosing
migrations to Windows 10 as a timely opportunity to upgrade end-user
computing devices, while our account executives and advanced solutions
teams continue to deliver integrated, expert support of on-premises,
cloud, and hybrid data center solutions."
Two main areas of technology accelerated SHI's business in the first
half of 2017. SHI supported a strong end-user technology refresh cycle
that saw increased Windows 10 adoption with Dell, HP Inc., Lenovo, and
Microsoft (News - Alert) leading new OEM technology rollouts.
SHI also further built on its quickly growing data center and cloud
business. HP Enterprise and Cisco (News - Alert) both experienced double-digit growth,
while Microsoft cloud solutions (led by Office 365 and Azure) drove
Sales of Cisco services and products were particularly impressive in the
first half of 2017, increasing 36 percent year over year. SHI expects to
build on the success of this partnership by leveraging the benefits of
the new Cisco
Enterprise Agreement (EA), which will help to expand the opportunity
to deliver collaboration and security offerings throughout SHI's
customer base. This program builds on SHI's already strong
hyper-converged and enterprise networking practices and is a natural
extension of SHI's years of IT Asset Management experience supporting
Cisco SMARTnet subscriptions.
SHI also ended the first half of 2017 with several new honors from key
For more information on SHI, please visit www.shi.com
Founded in 1989, SHI International Corp. is a $7.5 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 3,500
employees worldwide, SHI is the largest Minority and Woman Owned
Business Enterprise (MWBE) in the U.S. and is ranked 9th among CRN's
Solution Provider 500 list of North American IT solution providers. For
more information, visit https://www.SHI.com.
SHI Corporate Website: http://www.SHI.com
Twitter (News - Alert) Handle: @SHI_Intl
View source version on businesswire.com: http://www.businesswire.com/news/home/20170811005460/en/
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