Mathias Rosenthal - Fotolia
Digital transformation is having a positive impact on the financial performance of SCC with the largest privately owned reseller in the UK has shared details of its last fiscal year with the numbers all going in the right direction.
SCC EMEA Group has reported a fifth consecutive year of growth for the 12 months ended 31 March with turnover climbing by 9% across EMEA to hit £1.8bn. The UK delivered pre-tax earnings of £16m. Services increased by 4% and stands at £325m and net assets also increased by 7% to reach £147m.
In the UK a lot of the growth was underpinned by investments in the data centres in Birmingham and Hampshire. Customers using SCC services include the BBC, NHS, Police and some household names on the FTSE 100.
Customers looking for assistance in digital transformation projects was highlighted as the main factor driving demand and the firm, which has been acquisitive in the past, hinted at further additions.
“Performance of the business over the last year has been exceptional with growth and improved profitability in all our key trading operations. There is now a need for all businesses, whoever they are or whatever they do, to digitise their operations and outsourcing that requirement is an effective way to manage the continual investment needed for growth," said James Rigby, SCC Chief Executive.
Rigby said that SCC had made investments in the past few years, the most recent being in May, in its cloud services and data centres to make sure it could meet the increasing demand from customers and it was in a strong position to keep on top of the digital transformation wave.
“We will continue to invest in our capabilities and that means areas such as artificial intelligence and cognitive computing where we are already well-placed to meet customer demand," he added.
Rigby has always been keen to use acquisition as a means of taking the firm into new areas or to shore up the existing offerings and SCC could well be hitting the headlines again for those reasons.
"Our performance is also based on the success of our strategic acquisitions we have made over the past few years. We will continue to look at opportunities which fit our strategic criteria and help further grow our capabilities,” he said.