For the second year in a row, Novacoast has been recognized by Everything Channel as part of CRN Magazine’s annual Solution Provider 500 (Formerly the VAR500) list, which ranks the top technology integrators in North America. Featuring the highest producing technology integrators and solution provider organizations in the IT channel, the Solution Provider 500 rankings consider earnings from hardware sales, software sales and managed IT services. Novacoast placed at #339 in the 18th annual ranking, up nearly 100 spots from #420 in 2011.
The Solution Provider 500 ranking is based on revenue size, and considers each company’s forward-thinking approach to the channel. In particular, the Solution Provider 500 selection panel sought to recognize companies that are building out practices around the data center and virtualization while offering software integration and application development skills. Revenue size is determined by the amount of annual products and services sold over the course of 2011. Companies with no public documentation were required to submit a notarized affidavit attesting to their 2010 and 2011 revenues.
Since its inception in 1996, Novacoast has grown from a regional player in Southern California to an international company with 150 employees in 26 states. Novacoast’s revenue has been on a rapid rise since 2005 as revenue has climbed from $10 million a year in annual sales to over $40 million in 2011.
It is an honor to listed among CRN’s Solution Provider 500 list. Novacoast had another fantastic year of growth and expansion and we’re excited that it hasn’t gone unnoticed in the industry. We’re looking forward to another great year.
- Paul Anderson, Novacoast CEO
“The organizations listed in this year’s Solution Provider 500 list are today’s true integration innovators who generate high revenues by putting their customers’ needs first,” said Kelley Damore, Vice President and Editorial Director at UBM Channel. “Their primary role is to engineer ways to leverage technology solutions that help customers exceed their sales goals, drive client satisfaction, expand internationally or accelerate new product development. In essence, they are today’s IT integration leaders for middle market and enterprise customers. We congratulate Novacoast for making this year’s list and look forward to covering their continued success.”
A sample of the SP500 list will be published in print and online at CRN.com on June 25, 2012.