The Top 25 Solution Provider Companies Of The CRN 2024 Solution Provider 500
Summary
“But it will be groundbreaking and will allow us to be differentiated from an algorithm and technology perspective, not just from a perspective of being able to create the solutions, which we are already pretty good at.” In early May, meanwhile, IT services provider Virtusa launched Helio, a suite of platforms, accelerators and consulting services designed to help clients effectively leverage generational AI in their digital transformation initiatives. More broadly, these AI initiatives also demonstrate how solution providers help their clients through seismic shifts in the IT industry and turn leading-edge technology into real business value. The 10 largest companies on this year’s Solution Provider 500 are largely the same as the top 10 in 2023 – albeit with several moving up (NTT Data, World Wide Technology) or down (Capgemini, CDW and Cognizant) one or two spots. Also in March of last year, DXC was hit with an $8 million fine by the U.S. Securities and Exchange Commission related to misleading disclosures about the company’s non-GAAP financial performance between 2018 and 2020. The financial results included $300 million in generative AI bookings in just the last six months of the fiscal year, a fact that CEO Julie Sweet said “position[s] us at the heart of the beginning of AI-fueled reinvention.” But in a sign that business might be slowing in 2024, Accenture reported that in its recently completed fiscal 2024 second quarter (ended Feb. 29) revenue was $15.80 billion, virtually flat from $15.81 billion one year earlier.