Birmingham based VAR, Probrand – the company behind online IT procurement portal theitindex.co.uk, has started its new fiscal year with another stunning first quarter.
The reseller and technology services provider has again cemented its stance as a stable, growing player amidst tough trading conditions where many businesses have seen a dramatic slow down.
Having concluded ’07 at £33M of sales, up 79% year-on-year, Probrand set itself a hard act to follow but the first quarter of 2008 has yielded a turnover breaking the £16M mark. This is up 83% on the same period the previous year. The business has grown nearly four fold in as many years.
Probrand MD, Peter Robbins, said: “We were before our time in bringing an innovative online IT procurement portal, www.theitindex.co.uk, to the market and many questioned our direction and motives. However, copying is perhaps the greatest form of flattery and with many companies now trying to emulate our success in this environment, it is rewarding to see that we keep on winning in public and private sector environments.
“Likewise our scaleable solution continues to deliver for SMEs right through to large mutli-site corporates. End users and decision makers want customer centric products and that is exactly what we offer, using technology to connect people and commerce.
“Our scaleable B2B portals will continue to meet large and small contract work, lowering transactional costs and adding value to the bottom line.
“Innovation and creativity have always been at the heart of our business and this will continue to keep us leading the pack. We stick by our mission to hit the £100M barrier by 2010.”
Probrand’s IT e-procurement solution, which continues to drive the business forward, has achieved many wins from the biggest public sector contract of its type, the Catalist framework, to approval to work with the Cabinet Office on the Government Gateway Alliance Programme. It compliments Probrand’s one-stop-shop approach to IT product procurement, delivery, service and support.
www.theitindex.co.uk is an award winning solution that daily searches over 500,000 line items and updates over 125,000 products by best price and availability. It has been accredited by the Institute of Chartered Accountants as offering a Best Practice and Best Value approach that enables buyers and financial controllers to save time and money, whilst reigning in maverick spend and budget control.
The company continues to work closely with Mercato Business Solutions to develop further functionality and online capability as part of its automated product suite that focuses on returning a healthy bottom line.