Posted by the St. Louis Business Journal on May 3, 2019:
World Wide Technology just keeps growing.
A year after reaching $10 billion in revenue for the first time, the technology company again had significant growth in 2018.
The Maryland Heights-based company, which provides technology products and services for large businesses, finished 2018 with revenue of $11.3 billion, an 8.6 percent bump from 2017.
The company, led by CEO Jim Kavanaugh and Chairman David Steward, attributed the growth to continued investment in its technology and growing its team, allowing it to provide better service and bring new clients on board.
“We continue to put considerable resources into our Advanced Technology Center, which affords customers access to the latest technology from hundreds of (original equipment manufacturer) partners as a means to make smart technology decisions faster. We’ve added to our chief technology advisors, chief digital advisors and business and analytics advisors teams to help customers evolve their business models and embrace digital disruption,” said Ann Marr, vice president of global human resources. “And as the industry evolves to more software- and consumption-centric models, we’ve invested in developing our capabilities as it relates to professional services and multicloud solutions.”
For the eighth consecutive year, WWT was named by Fortune as one of the 100 Best Companies to Work For. The company in 2018 launched new programs promoting diversity and inclusion, and mental health as well as expanding programs around employee feedback and engagement, Marr said.
WWT hired 1,477 employees in 2018, bringing its head count to 5,520 employees. The firm employs more than 3,000 locally and plans to add 500 companywide this year. In 2018, WWT tapped two new executives with the appointment of Sara Goellner as vice president, chief of staff, and Jeree Hanavec as vice president, global operations. Both were promoted internally.
The firm will expand even more later this year with the opening of its new $115 million campus at Gateway Commerce Center, which will include two new industrial facilities totaling more than 2 million square feet. The buildings include a facility for production and assembly of technology equipment and another for product storage and distribution.