Exclusive has a good second quarter

Distie Exclusive Networks had a rather good second-quarter.

The channel outfit saw a 43 percent increase in gross sales, reaching more than €1 billion, with growth in major regions, including 43 percent in Europe, the Middle East and Africa (EMEA), 36 percent in Asia-Pacific (APAC) and 46 percent over the pond.

The UK and Germany coined it in as the enterprise market accelerated during the quarter.

There were signs that the momentum would continue with bookings growth above gross sales growth, and as a result of extending vendor relationships and acquisitions the serviceable addressable market had grew to more than €2 billion.

Exclusive reported 360 per cent year-on-year growth in the number of partners on its X-OD cloud platform, with a 154 percent rise in the number of transactions on the platform. That helped the firm’s cloud business improve by 50 per cent year on year.

Jesper Trolle, CEO of Exclusive Networks, said it was benefitting from being a strong player in the cyber security market and having built strong relationships with the major vendors.

“External factors such as a strengthening of the US dollar and better-than-anticipated delivery rates from our core suppliers also contributed to the growth”, he added.