CDW: leading the way in technology solutions
Established in 1984, is a leading technology solutions provider based in Lincolnshire, Illinois. Spanning across multiple brands, the company provides its services to government, business, education and healthcare organisations in the United States, Canada and the United Kingdom.
Founded by Michael Krasny, the company’s original name was MPK Computing which later became Computer Discount Warehouse and thus CDW. Krasny’s initial idea for the business came from placing an advertisement in a newspaper to sell his printer and computer.
Fast forward to today, CDW has 10,000 employees, 250,000 customers and made $18bn in net sales in 2019. Its success has blossomed in specific key areas and USPs. For example, having solutions architects who offer individual expertise in designing customised solutions. Furthermore, providing implementation and long-term management of these solutions with advanced technology engineers.
CDW is a partner to Servus Credit Union, which was featured in . In the report, we spoke to , Vice President for IS Risk Management. He discussed the financial institution’s relationship with partners, including CDW. “I am very fortunate to have a core group of partners that I can rely on no matter what.” He continues, “Our partners are an important part of our operations to drive innovation and success.”
CDW and the Fortune 500
Illustrating the success of the business, CDW’s rise in the Fortune 500 rankings over the last 20 years is a focal point of its sustainable growth. In 2001, the company debuted on the list at number 435 with $4bn in sales reported. Today, with its impressive sales of over $18bn, it stands at number 178, as of 2019.
About the CEO
CDW’s current Chief Executive Officer is . Well known within the business she has held several high profile roles since joining in 2002, including Chief Legal Officer and Chief Revenue Officer. Leahy is responsible for the leadership of senior management, managing company performance and is responsible for strategic direction. She was also part of establishing CDW’s Women’s Opportunity Network, a business resource group strategically supporting women’s advancement and opportunities at CDW.
Singapore FinTech Association launches new networking club
The Singapore FinTech Association (SFA) has announced the launch of a new SG FinTech Club, which will act as hub that enhances networking among local fintech companies based in Singapore.
The APAC nation, which is a leading regional centre for fintechs, accounting for 13% of Singapore’s GDP in 2020. More than 1,400 fintech companies are based there, employing an estimated 10,000 people.
Technology is a driving factor within the space, and the SG FinTech Club will act as a base through which knowledge, resources and connections can be shared, as a way to increase the level of expertise in the space.
According to reports, the SFA will also develop and curate the engagement programmes for the fintech ecosystem. SG FinTech Club members will benefit from hospitality privileges offered by Supporting Partners , such as co-working spaces, which they can leverage on for social engagements.
The club’s existing membership platform will also enable users to sign up for talent matchmaking sessions, industry expert mentorship programmes, and masterclasses organised by SFA.
SG Fintech Club partnerships
The initiative has attracted the attention of several global fintech leaders, including the Institute of Banking and Finance (IBF). J.P. Morgan has also joined the club as Supporting Partner and Corporate Partner, respectively, to develop skills and career development events.
Speaking about the launch of the new club, Shadab Taiyabi, President of SFA, explained, “We are proud to collaborate with MAS on the launch of SG FinTech Club, and play our part in contributing to Singapore’s thriving FinTech ecosystem.
“We hope that the Club would be the key platform for inspiration and innovation, where professionals in the financial services sector can come to exchange opinions, network, and explore endless ideas with other like-minded individuals.
He continued, “Through the Club, we strive to champion and bolster Singapore’s FinTech entrepreneurship growth, facilitate the sharing of insights, collaborations, discussions and advocate the importance of upskilling amongst professionals across the financial services industry.”
Image credit: Singapore FinTech Association event