Sword & Shield Makes 2010 CRN Fast Growth 100 List
Even during the shadows of a recession, Sword & Shield was recognized as one of the top 100 fastest growing information technology companies in the United States by Computer Reseller News (CRN).
With fiscal year top-line revenue growth of nearly 43 percent over three years, Sword & Shield was ranked number 72 on the list. This is the fourth year Sword & Shield has earned a position on the CRN Fast Growth 100 List; however, not consecutively.
CRN’s measuring stick was a company’s average percent of revenue growth between 2007 and 2009 — years representing the throes of the recession. Not only did these solution providers and IT consultants weather the storm, but they weathered it with an average growth rate of 110 percent, according to the CRN website.
“We are very pleased to be recognized by CRN on this prestigious list of fast growth companies,” Sword & Shield President and CEO John McNeely said. “Our success is directly attributable to the hard-work of our dedicated associates and our loyal customers who have chosen Sword & Shield as their trusted security partner.
“The need for effective IT security solutions continues to be strong. During these times of economic challenge, Sword & Shield has continued to focus on our core – security. This has enabled us to meet growth objectives and deliver the best value in security solutions,” he said.
The CRN Fast Growth list is based on the financial performance of both private and publicly-held companies, including IT solution providers, system integrators, IT consultants and service providers. The selection process measures revenue generated by the sale of IT hardware and software, software licensing, custom software sales, and professional services and managed services.