APSU, the leader in the delivery of global IBM Power services, has entered the list in 98th place from a survey of the top 250 ICT resellers and solution providers conducted by IT Europa.
The Premier 250 – Top UK ICT Resellers & Solution Providers database report has been researched over the last three months and is based on detailed interviews with selected organisations. The report provides detailed profiles of the top 250 resellers of information and communication technologies in the UK, ranked by revenue.
IT Europa concludes that the UK’s largest resellers and solution providers have rebounded well after a torrid period of decline over the previous two years. Revenues for the top 250 resellers have grown by an average of 10.73% since 2011 to £46.64 billion (€58.55 billion) and that productivity has also increased. It acknowledges that some of the growth has been the result of consolidation within the industry, but notes that 22 rapidly growing new entrants into the top 250, including APSU, helped to contribute to the rise in revenue.
APSU recently announced turnover of £25.6 million, showing a well-above average growth of 26.3% on the previous year’s results. The significant change in financial profile is also reflected by its compounded annual growth rate (CAGR) of 129% in the last three years, which is especially impressive given the decline in revenues within the ICT sector as a whole, in the preceding two years.
Steve Ellis, managing director of APSU, commented:
“We are delighted by the inclusion of APSU in the IT Europa UK ICT 250. APSU anticipates further substantial growth in 2013 as we expand our offerings into cloud-based services for the UK, European and worldwide markets. Given that a majority of our revenue is generated by annuity services, I feel extremely confident that our position in next year’s listing will be even higher”.