3 CDW

Doug Woodburn
clock • 1 min read

Revenue: £990.6m (+2%)

Net profit: 4.9%     Staff: 439

This NASDAQ-listed giant cemented its status as the world's largest IT reseller in October 2021 by acquiring rival Sirius Computer Solutions for $2.5bn.

CDW counts the US, Canada and the UK as its three territories, with its business on this side of the pond (which is based on its 2015 acquisition of Kelway) growing revenues two per cent to £990.6m in calendar 2020. Net profits rose marginally to £48.8m as a shift in customer spending towards services - which jumped 17 per cent to £141.6m - enriched its bottom line. Product sales fell by £2m to £849m.

The UK arm delivered "mid 20 per cent growth" in local currencies in the three months to 30 September 2021, CDW CEO Christine Leahy revealed on a recent earnings call, with digital transformation, security and hybrid cloud all driving demand.

Boasting 2,600 staff and 3,900 mid to large customers, IT solutions integrator Sirius adds $2.04bn to CDW's top line.

Covid impact

CDW UK said lower costs on travel and entertainment helped it boost margins last year. This was at least partly offset by higher spending on PPE, remote work enablement and facility cleaning, it noted, however.

More on Software

Microsoft moving into 'next era of hybrid work' with new Windows 11 integrations

Microsoft moving into 'next era of hybrid work' with new Windows 11 integrations

The computer giant says new integrations will 'bring the power of Windows 11 and Windows 365 together'

clock 06 April 2022 • 2 min read

Industry Voice: How to Secure Your Multi-Cloud Environment

eSentire
clock 08 November 2021 • 5 min read
Partner Content: What does remote collaboration without compromised security look like?

Partner Content: What does remote collaboration without compromised security look like?

Lookout discuss how CASB solutions can help you enable secure and efficient hybrid working at your customers' organisations

Lookout
clock 04 November 2021 • 4 min read

Highlights

Staff & Salaries 2022

Staff & Salaries 2022

A snapshot of pay and headcount trends in the UK channel

Doug Woodburn
clock 09 March 2022 • 1 min read
Midwich CEO on Nimans acquisition, 2021 results and return to pre-pandemic levels

Midwich CEO on Nimans acquisition, 2021 results and return to pre-pandemic levels

Stephen Fenby talks to CRN after Midwich’s 2021 results in which profitability exceeded pre-pandemic levels

Josh Budd
clock 08 March 2022 • 3 min read
4 more vendors suspend sales in Russia following Ukraine invasion

4 more vendors suspend sales in Russia following Ukraine invasion

IBM and Microsoft are among a number of vendors which have also announced that they will halt sales in Russia following the invasion of Ukraine.

Dan Bennett
clock 08 March 2022 • 3 min read