World Wide Technology (WWT) has a broad view of its business. The company primarily provides such IT services as network design and installation, systems and application integration, and procurement. It also offers a range of Web-based products and services, including e-commerce systems development, order tracking, and catalog management. WWT serves businesses in the automotive, retail, and telecommunications industries, as well as government agencies. Top clients include Dell, the State of Missouri, and the State of Alaska. WWT was founded in 1990 by chairman David Steward and CEO Jim Kavanaugh.
WWT has over 20 facilities throughout the world and about 2 million-sq.-ft of warehouse and distribution space in the US. It also has three distribution outlets in Brazil, Mexico, and Singapore.
WWT's sales increased by just over 20% in 2011 over 2010, just surpassing $4 billion. The company attributes the growth to a spike in corporate technology and services, driven by demand for its main product lines: data storage, networking, and wireless connectivity. Most of WWT's sales comes from data center hardware and related products, most of its growth is from its design and consulting businesses.
In 2012 the company was awarded two contracts from the U.S. Navy (Space and Naval Warfare Systems Center Atlantic) to provide commercially available off-the-shelf (COTS) equipment to the US government. The two contracts potentially will bring in some $1 billion in revenues over the next five years.
Successful strategic partnerships with technology leaders, including Cisco Systems and Hewlett-Packard, and important contract wins, such as a seven-year deal with NASA signed in 2007, have contributed to WWT's steady growth over the years. – less