StarLink eyes $500m revenues in 2020
StarLink says that it will continue evolving its unique model of a service-centric VAD
Value-Added-Distributor (VAD) for Cyber and Cloud services, StarLink, has announced that it will target revenues of $500 million in 2020, across the Middle East, Turkey and Africa (META) region.
Revealed at an industry event in Dubai, the ambitious target would be a new record for StarLink, and is in line with the steady revenue growth achieved over the past five years. During the fiscal year 2019, Starlink recorded 30 per cent year on year growth.
Last year Starlink broadened its solutions portfolio and landed deals with more than 50 vendors, leading to major strategic geographical expansion into Africa and Europe.
“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,” said Nidal Othman, co-founder and managing director, StarLink.
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 specialised 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.
“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,” said Mahmoud Nimer, co-founder and general manager at StarLink.