Reston, VA (PRWEB) August 19, 2008
Carahsoft Technology Corp., the trusted government IT solutions provider, today announced that it has been ranked #2 on Everything Channel's 2008 CRN Fast Growth 100 List. The CRN Fast Growth 100 list recognizes the fastest growing companies in the channel industry.
The 2008 CRN Fast Growth 100 firms averaged two-year revenue growth ('05-'07) of 153 percent, and average annual sales of products and services in 2007 of $106 million. As the second fastest-growing company on the list overall Carahsoft was also recognized by the publishers as the #1 fastest growing Government VAR.
Carahsoft posted a 2005-2007 growth rate of 528.7 percent, with 2007 sales growing to more than $228.9 million.
"Our consistently high growth rates are directly attributable to the Carahsoft's team unmatched understanding of the specific governmental challenges that our vendors' IT solutions address," explained Craig P. Abod, Carahsoft president. "This technical depth, combined with our proactive sales and marketing activities, results in loyal vendors and satisfied government customers."
To be eligible for the 2008 Fast Growth 100, companies must be an IT solution provider; be based/headquartered in the U.S.; have had net sales of at least $1,000,000 in calendar year 2005; and be an independent company.
"The CRN Fast Growth 100 are the cream of the crop when it comes to Solution Providers, and this years' group demonstrates that the technology Channel is strong and growing, regardless of surrounding economic conditions," said Robert C. DeMarzo, senior vice president and editorial director for Everything Channel editorial.
This is the third honor Carahsoft has received from Everything Channel this year. In June, Carahsoft was named the VARBusiness Top Revenue Generator ($100-$250 million category), and in May, the company was named the Government VAR State and Local Government Solution Provider of the Year.
CRN provides solution providers and technology integrators with the crucial information and analysis they need to drive their company's sales. As an advocate for and voice of the IT channel, solution providers turn to CRN first for immediate information. With nearly 30 years of experience, CRN is the most trusted source for channel professionals. For more information, visit http://www.channelweb.com.
Carahsoft Technology Corp. is the trusted Government IT solutions provider, combining technological expertise with a thorough understanding of the government procurement process to help federal, state and local government agencies select and implement the best solution at the best possible value. As a top-ranked GSA Schedule Contract holder, Carahsoft is the largest government partner and serves as the master government aggregator for many of its best-of-breed vendors. The company's dedicated Solutions Divisions support proactive sales, marketing and delivery of Symantec, Storage Solutions, VMware, Adobe, Open Source, HR, HP Software, Intelligence, and SAP.
Carahsoft is consistently recognized by its partners as a top revenue producer and is listed among the industry's fastest growing firms by VARBusiness, CRN, Inc., Washington Technology, and the Washington Business Journal (#1 Fastest Growing Company in 2007). In 2008, Carahsoft received the Government VAR State and Local Solution Provider of the Year Award and the VAR Business Top Revenue Generator Award. For more information, visit http://www.carahsoft.com
Carahsoft Technology Corp.