Westcon International divisional review

David Grant

Chief Executive Officer

Callum McGregor

Chief Financial Officer

Westcon International enables vendors of high-tech enterprise solutions to increase their channel and market penetration by supporting and developing an extensive channel of IT systems integrators, service providers and resellers.

Highlights

Revenue by technology category

Over 3 500 employees 41% female

Revenue by segment

Over 50 countries worldwide

Corporate overview

Global value-added technology provider and specialist distributor of industry-leading world-class cyber security, network infrastructure, cloud collaboration products, data centre solutions and channel support services

Global network of service providers, systems integrators and speciality resellers

Operating globally with major presence in Asia-pacific, Europe, Middle East and Africa

Provides solutions from a broad portfolio of world-class, market-leading high-tech vendors

Goes to market under the Westcon and Comstor brands

Purpose

Westcon International's purpose is to drive partner success, to maximise sales and market penetration of emerging and core vendor solutions, transforming the distribution channel. This is achieved through its people, relationships, marketplace, digital and data driven marketing strategies and innovation.

Westcon

Westcon has expertise with vendors in the following technology solution segments:

• Cyber security: Broadcom, Check Point, Crowdstrike, Efficient IP, F5 Networks, Infoblox, Ivanti, Netscout, Palo Alto Networks, Splunk, Tenable, TrendMicro and Zscaler
• Networking infrastructure: Ciena, Extreme Networks, Juniper, Nokia, Ruckus
• Cloud collaboration and mobility: Audiocodes, Avaya, Microsoft, Mitel, Zebra
• Cloud computing and infrastructure: AWS, Microsoft, NetApp, Pure Storage and VMware

Comstor

The world's only Cisco-dedicated global distributor provides the full line of Cisco technologies to a wide range of customers in over 100 countries. Comstor specialises in the following architectures/technologies:

• Cisco security: providing highly secure firewall, web and email threat detection and management services for network and mobile device protection
• Cisco collaboration: empowering people to engage and innovate through multiple endpoints and truly collaborative software; anywhere, any time, on any device
• Cisco software: flexible software licensing across the hardware estate combined with profitable annuity revenue
• Cisco data centre: allowing data to be analysed, simplified, automated and protected for operational efficiency through storage of digital information on mission-critical applications
• Cisco enterprise networking: covering SMB and enterprise solutions across core switching, wireless and routing technologies - without the enterprise costs
• Cisco services: providing customer support on Cisco solutions through its global support and solutions team of experts, serving over 180 countries and responding in 17 languages

Westcon International

Westcon International also has capability practices and specialities that it offers globally under its Westcon-Comstor brand:

• Cloud: AWS, Microsoft Azure and Microsoft Office 365
• Flex: Funding solutions that blend software billing and traditional distribution with flexible payment schemes to overcome budget constraints and accelerate the adoption of the latest technology
• Support and technical services: Education, network and security operating centres, technical support and professional services installation
• Global supply chain services: logistics, staging, strategic stocking, configuration, project coordination, VAT recoverability; global contracting and global credit management for international deployments and contracts

How Westcon International creates value

Westcon International's people are dedicated to delivering outstanding performance, customer and vendor satisfaction. Westcon International provides a wealth of industry insight, industry-leading marketplace capability, innovative financing, marketing and business generation tools, technical expertise and decades of distribution experience for hybrid solutions.

Westcon International has established long-lasting and strategic vendor engagements and contracts. These relationships are leveraged to ensure its partners can access established and emerging technology solutions. With over 30 years' distribution success as a strategic partner to the world's leading IT brands, Westcon International combines global reach, digital capability, technology capability and scale with a personalised, local footprint to provide capabilities and services that vastly exceed the traditional distribution experience.

Westcon International selects market-leading vendor solutions and delivers outstanding propositions. It remains focused on process improvement, automation, both front office sales automation and back office efficiency with an emphasis on accuracy, quality and urgency in all functions.

Westcon International offers employees rewarding and challenging work in an inspiring, fast-moving environment. It has established an inclusive culture where people are valued and respected and where everyone can contribute, thrive, collaborate and reach their full potential.

Impacts of Westcon International's external environment on its ability to create value

Numerous factors, such as global macroeconomic and political conditions, global supply chain disruptions, the recent surge in fuel and energy prices could all impact Westcon International's ability to create value.

Ongoing global semiconductor shortages and supply chain constraints have eased slightly in recent months resulting in a slight decrease to Westcon International's product backlog. Headwinds from rising interest rates, compounded by geopolitical issues like the ongoing war in Ukraine and global inflationary pressures are expected to continue to disrupt global supply chains and could negatively impact demand for the foreseeable future.