Insight Enterprises

Insight Enterprises Inc. is an Arizona-based publicly traded global technology company that focuses on business-to-business and information technology (IT) capabilities for enterprises.[3] Insight focuses on four, primary areas: Supply chain optimization, cloud and data center transformation, connected workforce, and digital innovation.[4] The company is listed on the Fortune 500[2] and has offices in 19 countries.

Insight Enterprises
Public
Traded asNASDAQ: NSIT
S&P 600 Component
Industry
  • IT Solutions
  • Business to Business
  • Commercial & Public Sector
  • IT Solutions Provider
Founded1988 by Eric Crown & Tim Crown
Headquarters
Tempe, Arizona
,
United States
Area served
Worldwide
Key people
  • Ken Lamneck (CEO)
  • Glynis Bryan (CFO)
  • Jeff Shumway (CIO)
  • Steve Dodenhoff
  • (President U.S.)
  • Wolfgang Ebermann
  • (President EMEA)
Products
  • Data center
  • Devices
  • Servers
  • Software
  • Licensing
  • Power
  • Storage
  • IT Services
Revenue$6.7 billion (2018)[1]
Number of employees
11,000 [2] (2017)
SubsidiariesBlueMetal, Ignia, Datalink, Caase.com, Cardinal Solutions, PCM
Websitewww.insight.com

History

Early years

Hard Drives International was founded in 1988 by Eric and Tim Crown. Initially a mail order business selling computer storage, the company expanded into a storefront when credit card companies wouldn't service startup mail order firms. In 1991, the company changed its name to Insight Enterprises, and distribution included a full line of computers and accessories.[5] The company held its initial public offering in January 1995.[6][7]

Insight became an international company when it acquired TC Computers, based in Montreal, Canada, in 1997. In April 1998, Insight signed an agreement to acquire Choice Peripherals Ltd. and Plusnet Technologies Ltd., an Internet service provider and website hosting and development company operating as Force 9.[8] The acquisition expanded Insight's operations to Europe.[5]

2000-2010

Insight acquired Action Computer Supplies Holdings PLC, a U.K.-based direct marketer, in October 2001 for approximately $150 million in stock.[9][10] In April 2002, the company acquired Comark for $150 million, increasing Insight's ability to work with clients of all sizes, including the public sector.[9]

In July 2006, Insight entered an agreement to purchase Software Spectrum, a company that focused on software and mobility products for medium and large companies, from Level 3 Communications for $287 million.[11]

Calence LLC, a technology company that focused on Cisco networking and advanced communications, was acquired by Insight in April 2008 for $125 million.[12] Insight acquired U.K.-based Minx Ltd., a European network integrator with Cisco Gold Partner accreditation, in July 2008 for $1.5 million and the assumption of $4.6 million of existing debt.[13][14]

During these years, there have been a number of companies founded by Insight employees, such as ComputerSupport.com

2011-present

Ensynch, an information technology company founded in 2000, was acquired by Insight in September 2011.[15][16] Insight acquired Inmac Gmbh, a business-to-business hardware reseller based in Germany, in February 2012.[17]

In June 2015, Insight underwent a corporate rebranding which aimed to emphasize the company focus on customer relations and interaction.[3][18] The company launched a new website in July 2015 as part of the shift in company focus.[18] In October 2015, Insight acquired BlueMetal, an interactive design and technology architecture firm based in Boston.[19] Also in 2015, Insight raised $200,000 in its annual campaign for its Noble Cause division. Through Noble Cause, Insight gives to local charities including the Make-a-Wish Foundation, the Boys & Girls Clubs of America and the Ronald McDonald House.[20] In 2016, BlueMetal partnered with INDYCAR, the Indianapolis Motor Speedway and Microsoft to produce an analytics focused app during the Indianapolis 500.[21] Insight opened an additional sales center at the Meadows Office and Technological Park in Conway, Arkansas in August 2016.[22] Insight announced the acquisition of Ignia, an Australian-based business technology consulting company, in September 2016.[23]

In November 2016, Insight Enterprises announced that they were acquiring the Eden Prairie, Minnesota-based data storage company, Datalink for $11.25 per share in cash, but that the company would remain mostly the same.[24] The $258 million deal closed in the first quarter of 2017 and allowed Insight Enterprises to enhance its data center services.[25][26]

In September 2017, Insight announced that they acquired Dutch cloud service provider Caase.com.[27]

In August 2018 Insight announced the acquisition of Cardinal Solutions, a national provider of digital solutions across mobile, web, analytics and cloud.[28]

In August 2019, Insight Enterprises announced the acquisition of PCM, Inc., a global provider of IT products and services, expanding Insight’s operations in the US, Canada and the UK.[29]

Awards

2015

·      HP PartnerOne Financial Services Partner of the Year[30]

·      Insight makes Fortune 500 list in 2015[31]

2016

·      Dell EMC Philanthropic Partner of the Year[32]

·      HP Personal Systems Reseller of the Year for the U.S. Channel[33]

·      Microsoft Australia Excellence in Industry and Platform Innovation[34]

·      Veritas Pacific Software Licensing Partner of the Year[35]

2018

·      Achievers 50 Most Engaged Workplaces™ in North America[36]

·      Fortune 100 Best Workplaces for Diversity[37]

·      Microsoft Singapore Modern Workplace Transformation Partner of the Year, and Security and Compliance Partner of the Year[38]

·     Microsoft U.S. Partner Award for Apps and Infrastructure – DevOps[39]

·      Microsoft U.S. Surface Fastest Growing Reseller[40]

·      Microsoft Worldwide Artificial Intelligence Partner of the Year[41]

·      Microsoft Worldwide Modern Desktop Partner of the Year[42]

·      Phoenix Business Journal Corporate Philanthropy Volunteerism Finalist[43]

2019

·      No. 23 on Fortune’s 50 Best Workplaces in Technology[44]

·      No. 430 on the Fortune 500, 11th year of placing[45]

·      Australian IoT Best Primary Industry IoT Project[46]

. No. 70 on Fortune 100 Best Workplaces for Diversity[47]

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gollark: It was not novel or very reply-able.
gollark: I'm sure someone already said that recently. It was probably you.
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gollark: Unfortunately I cannot run models above a few hundred million parameters for ??? reasons.

References
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  2. "Insight Enterprises". Fortune. Retrieved 2018-12-24.
  3. Michael Cusanelli (2 June 2015). "Insight Enterprises Rebrand Reflects Emphasis on 'Intelligent Technology'". The Var Guy. Retrieved 18 April 2016.
  4. Burke, Steven (2019-01-31). "CEO Ken Lamneck: 7 Keys To Insight Enterprises' Success Helping Businesses 'Run Smarter'". CRN. Retrieved 2019-12-03.
  5. William P. Barrett (24 August 1998). "The Internet doesn't know borders". Forbes. Retrieved 18 April 2016.
  6. "Insight Enterprises Inc. reports earnings for 4th qtr to Jun 30". The New York Times. 19 August 1995. Retrieved 18 April 2016.
  7. "Offerings This Week". The New York Times. 23 January 1995. Retrieved 18 April 2016.
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  20. Charlena Wynn (23 March 2015). "3.23.15 US Nonprofit News". Philanthropy Journal News. Retrieved 18 April 2016.
  21. Bradley, Tony (May 29, 2016). "Inday 500 Embraces Technology With Microsoft Azure and IoT". Forbes. Retrieved July 2, 2016.
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  28. Johnson, O'Ryan. "Insight Enterprises Buys Cardinal Solutions For $79M". CRN. Retrieved 2018-08-22.
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  40. "Insight is the Fastest Growing Microsoft US Surface Reseller for Second Year in a Row". Arizona Daily Star. Retrieved 2019-12-03.
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