A Great Time to be in Business!
Reading a recent report of industry growth in PC Retail magazine was encouraging for Ortial Technologies. The Q3 2018 report from industry analyst Context said that there was a 7.1% year-on-year growth in IT distribution across Europe. The information came from data collection on vendor shipments combined with both direct and channel end-user sales tracking. This level of growth gave us even greater confidence in the market, which led to our latest agreement with CMS Distribution, a major IT distributor in the region.
Up to 10% growth increase
This was even more encouraging when compared to the previous quarter’s growth, which was a more modest 5.4% but already building on the 4.5% increase of Q1. The highest performing countries were Italy, Portugal, Belgium, Czech Republic, Spain and Sweden, which all saw growth increases of over 10% year-on-year. The fastest growth rates compared to the previous quarter went to the Baltics, Poland, France and Germany but our base country – the UK – performed well too.
Growing popularity of computing components
UK growth in the sector remained strong at above 5% overall. Within this, computing components performed even better with a 10% year on year growth thanks to HPE and Intel processors and HPE RAM parts. As a third party alternative, it was a great time to expand on our RAM product ranges, particularly our server memory, desktop memory and notebook memory offerings. With no conflict with branded core systems, they offer the burgeoning market a cost effective, high performance alternative to systems design.