Exclusive Networks reports 44% growth in Middle East

Exclusive Networks has reported another year of growth, booking revenues of €2.4 billion for 2019 – up 17% on the previous year. Growth for the period has been strong across all regions and balanced across cybersecurity and cloud transformation portfolios.

The company also stated that it experienced an organic growth across all the regions, with Middle East region contributing the maximum growth of over 44% growth for the company across the globe.

Exclusive Networks also claimed that around €200m of total revenues now come from subscription-based transactions, representing a significant opportunity to further develop disruptive new business models that capitalize on this changing market demand.

“Our journey continues as we register another strong year of generating opportunities for our partners and growing organically ahead of market growth rates,” said Andy Travers, EVP Worldwide Sales & Marketing at Exclusive Networks. “We’ve seen the enterprise market changing how it consumes technology, making it an exciting time to be creating value in the channel. Behind the scenes, we have been investing in our global operations capability and bolstering our leadership team, but we remain more focused than ever on doing what we do best – being customer-centric while simultaneously supporting our partners’ businesses, especially during this uncertain time.”