SAN FRANCISCO -- (BUSINESS WIRE) -- BEAR Data Solutions, a global IT solutions provider, announced today it has achieved record revenue and continued growth for 2012.
After final tally, BEAR Data grew top line revenue in 2012 to in excess of $134 million, up from $112 million in overall revenue in 2011, and maintained a CAGR since its inception of over 29% per year. Significantly, BEAR Data also grew its Staffing Services Division by over 110% in 2012 over 2011 as well as increasing its Consulting and Professional Services revenue by 75% in the same period. The company expects continued revenue growth in all categories in 2013 as well as expansion in the Application Development, Cloud and Managed Services revenue categories as well.
“We ended 2012 with a strong finish,” said Don James Jr., CEO of BEAR Data Solutions. “BEAR Data achieved $134 million in revenues for the first time last year - a great accomplishment for our team in just 8 years of being in business.”
BEAR Data’s success in 2012 was the result of strengthening their services delivery, expanding their services portfolio and refocusing on profitable technology manufacturers in conjunction with their key customers. New IT services were launched to elevate BEAR Data’s position as a full-service IT services provider. These services included expanded IT Staffing and Placement Services, a Public Cloud infrastructure and Application Development.
“We face tremendous opportunities as a technology solution provider focused on assisting customers with their IT infrastructures,” states Mark Biestman, president of BEAR Data Solutions. “It’s an incredibly exciting time to be at BEAR Data, and we begin 2013 with high expectations fueled by a strengthening economy and a solid team. We thank our customers, technology partners and distributors for their support and loyalty, and we will continue to put them at the forefront of what we do.”
About BEAR Data Solutions
BEAR Data Solutions, Inc. (www.beardatasolutions.com), a San Francisco-based global IT services provider with 11 offices throughout the U.S. and around the globe, helps enterprise clients design, optimize, maintain and support mission-critical IT infrastructures. By combining expert engineering resources, best-of-breed technologies, and superior customer service, BEAR Data delivers high-performance IT solutions and services including cloud, virtualization, unified communications, networking, storage, database, security, managed services, wireless, staffing, and support contract management. For more information, please visit www.beardatasolutions.com.