Leading regional value added distributor, StarLink recently at its sales kick off meeting declared an impressive target of USD 500M for 2020 and according to the distributor this ambitious target is in line with the steady revenue growth achieved over the past five years and the company closed its fiscal year 2019 with a 30% YoY growth.
The distributor claims that last year was the highest distribution partnership sign-offs for them, elevating its solutions portfolio to 50 plus vendors and some major strategic geographical expansion into Africa and Europe.
With big plans underway for 2020, StarLink is already en route with significant resource ramp up, new strategic alliances and ‘first of its kind’ initiatives. 2020 strategy will focus on reshaping the distribution landscape with key-value creators – become specialized in cyber and cloud solutions, increase market share, invest in automated and leading-edge processes and services, predicate and manage risks as well as continue to add value on all fronts.
Nidal Othman, Co-founder and Managing Director, StarLink commented, “We are very proud of our 2019 accomplishments and are fully committed to create long-term value for all our stakeholders. In 2020, we will continue to maintain a competitive edge with a sustainable and equitable growth strategy, and this will be driven by the strong executive team we have in place.”
Adding to the above, Mahmoud Nimer, Co-founder and General Manager, StarLink, commented, “StarLink continues to make its mark as ‘True’ VAD with a winning combination of great technologies, great people and innovative strategies and we take this opportunity to thank our vendors, partners and customers who have been instrumental in our journey.”
Bashar Bashaireh, Chief Executive Officer, StarLink, commented, “We had a tremendously strong finish for the year and are fully geared up to deliver the growth for 2020 and beyond! We are ready and have our strategy and plans in place to do that”.
He further added, “We will continue evolving our unique model of a Service-Centric VAD as well as addressing customers’ needs vis-à-vis new technology and market trends. Additionally, we will boost our investment in productivity and automation tools to drive simplicity and efficiency, making StarLink the reliable and easy to do business with ‘True’ VAD across our business ecosystem”.