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Softcat PLC

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Softcat PLC - ICT showcase

Year Founded & Workforce

1993

1,188 Employees

Industry

ICT

Services

Services
S

Softcat PLC Employee Contacts

17 verified contactsNames, job titles, seniority and locations

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Softcat PLC Overview

Company Headquarters: UK

Founded: 1993

Workforce: 1,188

Company Working: Softcat PLC is an IT reseller/channel partner and IT infrastructure solution provider. The company offers consultancy, design, procurement and management services to its client. It majorly offers asset management, collaboration, business intelligence, computing, mobility, and data protection regulation solutions to its client. The company provides its services to the public sector, small and medium enterprises, and the central government of UK. According to the company’s annual report for the year 2018, the company was able to add net 500 new customers across its mid-market, enterprise, and public sector segment. The company has partnered with a large number of different hardware and software vendors including HPE, Cisco Inc., Lenovo, Dell EMC, and Microsoft Corporation. The company operates under a single reportable segment which is bifurcated into software, hardware and services. As a part of its service segment, the company provides device as a service (DaaS) wherein it helps its client to manage their IT hardware. It also manages PCs under this offering.

Strategy

Softcat PLC primarily focuses on retaining its existing customers. In order to achieve the same, it has been continuously improving its offerings and delivery services. For instance, it has made its DaaS offering more affordable with flexible financing options for the customers. Moreover, the company has also enhanced its support services so that it can efficiently cater to the requirements of its clients. Second, the company has been allocating budget for investments in the development of new products and services. These help the company expand its reach and hold a strong position in the global market.

Company Snapshot

$563.71M

Revenue

1,188

Employees

1993

Founded

UK

Headquarters

SWOT Analysis

Strengths

  • Strong market presence in the UK
  • High revenue growth in 2018

Weaknesses

  • Presence limited to the European market

Opportunities

  • Expansion to developing regions such as the Middle East and Africa

Threats

  • Rivalry from the global players
  • Fluctuations in foreign currency exchange rates

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Key Developments

DateApproachDevelopment
August 2018ExpansionSoftcat PLC opened its first office outside the UK. The company opened its office in Dublin, Ireland. This expansion will help the company to cater to its customers’ demands efficiently and without any delay.

Product Offering

  • Softcat PLC
    • Services

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Software was USD 563.7 Mn in 2018.
Softcat PLC — By Business Segment
Series (USD Mn)2018
Software563.7
Hardware366.9
Services151.1

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