Network Hardware Resale Ranked Among North America’s Top 500 Technology Integrators by Everything Channel’s VARBusiness
Santa Barbara, Calif., May 28, 2008 – Network Hardware Resale (NHR), the leading provider of pre-owned and new networking equipment, has been recognized by Everything Channel’s VARBusiness magazine as one of North America’s top technology integrators. NHR placed No. 192 in the 14th annual VARBusiness 500 ranking.
The VAR 500 list details the leading revenue producers among technology integrators and technology Solution Provider organizations in North America. The list’s ranking is based on gross worldwide revenue of hardware and software sales, as well as earnings from professional and managed information technology (IT) services.
“The indirect sales Channel for technology products and services drives two-thirds of all technology sales in the U.S., and the Solution Providers that make up the Channel are the primary influencers of business technology decision making,” said Robert C. DeMarzo, senior vice president and editorial director, Everything Channel. “This is why the VAR 500 is such an important list, because these are the top Solution Providers in the industry, and we salute each of them for their stellar performance.”
The 2008 VARBusiness 500 list includes 113 new companies with 10.6 percent of them in the Top 100 of the list. In addition, the starting point of the list─the revenue of company No. 500─rose to $33.4 million, up 35.2 percent, from $24.7 million in 2007. This increase reflects the strength and robust growth of the technology reseller channel.
“We are very pleased to be recognized by the industry's leading channel magazine as one of the top technology providers in North America,” said Mike Sheldon, president and CEO of NHR. “This award recognizes our customer-focused approach and reflects our customers’ continuing trust in NHR to handle their ever-increasing networking equipment needs. Robust growth in our product and network support services offerings, strong technical and business competencies, broad geographic reach and solid financial stability are all core values of our company as well as critical success factors for our customers.”
The complete listing of the VARBusiness 500 was published in the May 26, 2008, issue of the business magazine that provides strategic insight for technology integrators.
To complete the 2008 ranking of the 500 largest North American solution providers, system integrators, VARs and IT consultants, companies were asked to complete an online questionnaire to determine prequalification. In February 2008, VARBusiness conducted extensive research and analyzed the data. Independent data sourcing (e.g., SEC filings, annual reports, etc.) also was conducted. Finalists were ranked according to their fiscal year 2007 revenue, based only on their reseller-related services business.
For the past 20 years, VARBusiness' strategic resources have been the gateway to the commercial and public sector (or government) Solution Provider community. The VARBusiness integrated platform of media opportunities provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness offerings lead vendors and distributors to unprecedented access to the most powerful strategic Solution Providers in the market. VARBusiness has been the recipient of numerous industry awards for both editorial content and design.
Everything Channel (http://www.everythingchannel.com/, http://www.channelweb.com/ )
Everything Channel (formerly CMP Channel) serves as the one-stop shop for the sales channel that drives 75 percent of technology sales throughout the world. IT suppliers and Solution Providers turn to Everything Channel to manage and accelerate their business. Everything Channel provides the answer to strategy and branding, online marketing, research/market intelligence, lead generation, branded and custom events, education and workflow tools targeted to those who buy and sell through the Channel. Everything Channel is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com/ ), a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.