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SHI Eclipses $7 Billion in Revenue Year to Date, Driven by Cloud and Data Center Solutions
[November 05, 2018]

SHI Eclipses $7 Billion in Revenue Year to Date, Driven by Cloud and Data Center Solutions


SHI International, one of North America's top 10 largest IT solutions providers, hit $2.47 billion in revenue in Q3 to help the company reach over $7 billion year to date-18 percent higher year over year. Both cloud services and data center and networking solutions drove SHI's growth in Q3 as more organizations adopt hybrid cloud infrastructure.

Microsoft (News - Alert) Azure and AWS led cloud growth, with 147 percent and 62 percent growth year over year, respectively. In August, SHI achieved AWS Storage Competency Status, a designation that recognizes SHI's ability to provide proven AWS Services and Support to help customers successfully achieve their storage goals on AWS.

In addition to cloud growth, four of SHI's top 10 partners with a data center and networking focus-Dell, Cisco, Lenovo (News - Alert), and HP Enterprise-grew at least 20 percent. Other hardware and OEM-based partners help round out the top 10 for Q3, which included Microsoft, HP Inc., Adobe (News - Alert), VMware, Apple, and Amazon, all of which experienced significant growth. Among SHI's top 25 partners, Pure Storage and Nutanix grew 83 percent and 105 percent respectively.

"In the early days of cloud, some predictions envisioned a future of dwindlingdata centers and hardware needs. So far, that hasn't been the case, as SHI's cloud and data center businesses have been growing in tandem," said Thai Lee, President and CEO of SHI. "While many of our customers are taking advantage of the flexibility and cost-efficiency of the cloud, they also have workloads that aren't cloud-ready for any number of reasons. Hybrid cloud environments suit those competing needs, and our partners are helping us customize solutions for customers' specific goals."



Among SHI's various divisions, Public Sector revenue jumped 22 percent, Commercial and Strategic Enterprise grew by 20 percent, and Corporate and SMB rose 18 percent year over year. SHI France led all international divisions with 20 percent year-over-year growth.

For more information on SHI, please visit www.shi.com and blog.shi.com.


ABOUT SHI

Founded in 1989, SHI International Corp. is a $8.5 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 4,000 employees worldwide, SHI is the largest Minority and Woman Owned Business Enterprise (MWBE) in the U.S. and is ranked 8th among CRN's Solution Provider 500 list of North American IT solution providers. For more information, visit https://www.SHI.com.

Press Resources

SHI Corporate Website: http://www.SHI.com
SHI Blog: http://blog.SHI.com
SHI Twitter (News - Alert) Handle: @SHI_Intl


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