Backbone is about business, technology, lifestyle, innovation, bold ideas, trends and events
Top 25 IT Hardware and Infrastructure Companies | March 31, 2009
The Top 25 IT Hardware and Infrastructure Companies experienced incredible growth in 2008, with a combined $35.88 billion in revenues, a 33 per cent increase compared to the Top 25 in 2007.
After another tumultuous year, Nortel Networks remained the top-ranked IT Hardware and Infrastructure Company in 2008. Uncertainty continues to circle the telecom giant and it remains to be seen whether it will return in its accustomed form in future years. After increasing hardware sales by 115 per cent, contributing to a 98 per cent boost in revenues, Research In Motion closed in on second-ranked Celestica in 2008, reducing its 2007 gap by $2.8 billion. CAE and Mitel Networks maintained their fourth and fifth positions this year after reporting revenue growth of 14 per cent and 80 per cent in 2008.
Significant revenue growth helped two companies make considerable moves on this year’s list, and propelled another to its first appearance in 2008. SiGe Semiconductor increased revenues by 42 per cent as it jumped eight spots to number 17 in 2008, while Rutter ascended four spots to rank number 19 this year, a result of its 40 per cent growth, attributed to increased revenue from its controls and automation segment. Hemisphere GPS, one of three companies making a debut this year, increased revenues by 35 per cent in 2008, landing in the category’s number 20 position.
Top 25 IT Hardware and Infrastructure Companies - 2008
Back to Top300 Table of Contents - 2009
After another tumultuous year, Nortel Networks remained the top-ranked IT Hardware and Infrastructure Company in 2008. Uncertainty continues to circle the telecom giant and it remains to be seen whether it will return in its accustomed form in future years. After increasing hardware sales by 115 per cent, contributing to a 98 per cent boost in revenues, Research In Motion closed in on second-ranked Celestica in 2008, reducing its 2007 gap by $2.8 billion. CAE and Mitel Networks maintained their fourth and fifth positions this year after reporting revenue growth of 14 per cent and 80 per cent in 2008. Significant revenue growth helped two companies make considerable moves on this year’s list, and propelled another to its first appearance in 2008. SiGe Semiconductor increased revenues by 42 per cent as it jumped eight spots to number 17 in 2008, while Rutter ascended four spots to rank number 19 this year, a result of its 40 per cent growth, attributed to increased revenue from its controls and automation segment. Hemisphere GPS, one of three companies making a debut this year, increased revenues by 35 per cent in 2008, landing in the category’s number 20 position.
Top 25 IT Hardware and Infrastructure Companies - 2008
Back to Top300 Table of Contents - 2009
