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SHI International Corp. posts record Q1 revenue of $1.12B

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SHI's president and CEO, Thai Lee.
SHI's president and CEO, Thai Lee. - (AARON HOUSTON)

Somerset-based SHI International Corp., one of the nation's top 20 largest IT solutions providers, announced Friday it earned $1.12 billion in revenue during the first quarter 2014, a 12 percent jump over its record compared to last year's quarter.

According to the announcement, the discontinuation of Windows XP was a key factor in growth for the first quarter.  Customers sought out SHI to help transition operating systems.

“The discontinuation of Windows XP support was an opportunity for many customers to reevaluate their environments with an analytical eye,” Thai Lee, president and CEO of SHI, said in a prepared statement. “Given the complexity involved with supporting a new operating system, customers took a holistic approach by also refreshing hardware, reviewing the compatibility of applications, and updating their security posture — tasks that needed to be completed swiftly and simultaneously.

“SHI’s expertise in software licensing, asset management, and complete hardware lifecycle support makes us an ideal partner for such a transition. Combined with our strong OEM partnerships, vendor-agnostic approach, and dedicated employees, the migration from Windows XP was a smooth one for our customers.”

Lee was also featured in NJBIZ’s Power 100 list.

In addition to XP, the revenue was also driven by the growth of networking and datacenters, according to the announcement.  Cisco led most of the growth (up 50 percent from the same period last year) as well as emerging partners, including F5 and Juniper Networks, the announcement said.

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Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com or @emilybader on Twitter.

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