Nexus Named to the CRN Fast Growth 150 List
Valencia, CA (PRWEB) September 20, 2013 -- Nexus, a leading national provider of professional, cloud, consulting and managed services for advanced IT solutions (http://www.nexusis.com), today announced that it has been named to the 2013 CRN Fast Growth 150 list. The annual list features the fastest-growing solution providers in the technology industry based on two years' growth of net sales from fiscal year 2010 to fiscal year 2012. Nexus grew 63% to $334 million in revenues on a 73% increase in services and a 56% increase in technology solutions sales.
Over the same period average headcount increased 21%, while revenue per average headcount increased from $516 thousand to $690 thousand as the company continues to expand its service offerings to its existing customer base, which continue to account for more than 80% of annual revenues.
“Our continued growth and increased associate productivity is a testament to our ability to embrace change and continuously invest in our people, processes and tools,” stated Waheed Choudhry, President and COO of Nexus. “Embracing change in an industry of daily innovation keeps us relevant to our Clients, Manufacturer Partners and most importantly, our Associates. We are proud to have made CRN’s exclusive listing.”
“Despite the challenges of an evolving market, these Fast Growth companies demonstrate an unmatched ability to nimbly and effectively respond to market demands, fulfill customer needs and remain steadfast in their commitment to innovation,” said Robert Faletra, CEO, CRN. “We are thrilled to shine a spotlight on the successful companies that keep the channel top of mind and serve as an example for the rest of the market.”
A sampling of the 2013 Fast Growth list is featured in the September issue of CRN Magazine and is featured online at http://www.crn.com. The complete list of 150 companies will be available in the CRN Tech News app, available for iPad and Windows 8.
About Nexus
Based in Valencia, CA, Nexus leverages its extensive experience and expertise to enable organizations to Connect, Collaborate, and Create. We do this by providing expertise in end-to-end technology solutions based on five distinct, yet complementary practices: Collaboration, Data Center, Enterprise Networking and Security, Cloud Solutions, and Consulting and Managed Services. Nexus partners with industry leaders including Cisco, EMC, VMware, NetApp, Apple and Microsoft to ensure its customers are provided the most comprehensive and competitive solutions. Nexus serves the private sector, from small business to the Fortune 500; and the public sector including local, state, and federal government. Additionally, Nexus has highly specialized vertical market practices including education, retail, hospitality and healthcare. For additional information, please visit http://www.nexusis.com.
About CRN
CRN has been serving the IT channel community as the pre-eminent source for information and strategic guidance for more than three decades. CRN remains the market leader in Channel news, delivering intelligence, actionable advice and forward-thinking business strategy to the North American IT channel. Today’s CRN is a multi-media platform that includes the magazine, website and tablet app or mobile to reach our loyal and expanding channel audience in every way they want to engage. To learn more about CRN, visit http://www.crn.com.
Rich Hail, Nexus IS, Inc, http://www.nexusis.com, 949-265-6157, [email protected]
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