CDW Company Overview
What is the Stock Ticker for CDW?
The stock ticker for CDW is CDW.
Where is the CDW headquarters?
CDW's headquarters is located in Lincolnshire, Illinois, United States.
What Does CDW Do?
CDW is a technology solutions provider that offers a wide range of products and services to businesses, government agencies, and educational institutions. They specialize in providing hardware, software, and IT services to help their clients improve their operations and achieve their goals. CDW also offers consulting and managed services to help their clients optimize their technology investments and stay ahead of the competition.
How Does CDW Make Money?
CDW is a technology solutions provider that makes money through the sale of hardware, software, and services to businesses, government agencies, and educational institutions. The company offers a wide range of products and services, including desktops, laptops, servers, storage devices, networking equipment, security solutions, cloud computing services, and more.
CDW generates revenue through several channels, including direct sales, online sales, and sales through its network of partners and resellers. The company has a large sales force that works directly with customers to identify their technology needs and recommend solutions. CDW also operates an e-commerce platform that allows customers to purchase products and services online.
In addition to hardware and software sales, CDW also generates revenue through services such as installation, configuration, and maintenance. The company offers a range of professional services, including consulting, project management, and training, to help customers implement and manage their technology solutions.
CDW's business model is based on providing customers with a one-stop-shop for all their technology needs. By offering a wide range of products and services, the company is able to build long-term relationships with customers and generate recurring revenue. CDW's focus on customer service and support has helped it become a trusted partner for businesses and organizations across a variety of industries.
Who Founded CDW?
The founders of CDW are Michael Krasny and John Edwardson.
What is the History of CDW?
CDW Corporation is a leading provider of technology products and services for business, government and education. The company was founded in 1984 as Computer Discount Warehouse in Vernon Hills, Illinois by Michael Krasny. Initially, the company sold computer hardware and software to consumers through mail-order catalogs.
In the early 1990s, CDW shifted its focus to selling technology products and services to businesses and government agencies. The company expanded its product offerings to include networking equipment, servers, storage devices, printers, and other technology products.
In 1993, CDW went public and began trading on the NASDAQ stock exchange. The company continued to grow through acquisitions, including the purchase of Micro Warehouse in 2003 and Berbee Information Networks in 2006.
Today, CDW is a Fortune 500 company with over 10,000 employees and annual revenues of more than $18 billion. The company provides technology products and services to more than 250,000 customers in the United States, Canada, and the United Kingdom.
What Industry is CDW In?
CDW is in the information technology industry.
What Are CDW's Competitive Advantages?
1. Strong relationships with leading technology vendors: CDW has established strong relationships with leading technology vendors such as Microsoft, Dell, HP, and Cisco. This allows the company to offer a wide range of products and services to its customers, including the latest technology solutions.
2. Extensive product portfolio: CDW offers a comprehensive portfolio of products and services, including hardware, software, networking, security, and cloud solutions. This allows the company to meet the diverse needs of its customers and provide end-to-end solutions.
3. Expertise and experience: CDW has a team of highly skilled and experienced professionals who are experts in their respective fields. This allows the company to provide customized solutions to its customers and help them achieve their business goals.
4. Strong customer relationships: CDW has a strong focus on building long-term relationships with its customers. The company provides excellent customer service and support, which helps to build trust and loyalty among its customers.
5. Efficient supply chain management: CDW has a highly efficient supply chain management system, which allows the company to deliver products and services quickly and efficiently. This helps to reduce lead times and improve customer satisfaction.
What Are CDW's Competitive Threats?
Some competitive threats to CDW include other technology resellers such as Dell, HP, and Lenovo, as well as online retailers like Amazon and Newegg. Additionally, the rise of cloud computing and the shift towards subscription-based software models could also pose a threat to CDW's traditional hardware and software sales.
Who Are Some of the Competitors of CDW?
Some of the competitors of CDW include Insight Enterprises, Inc., SHI International Corp., Softchoice Corporation, and PCM, Inc.
What Are Some of CDW's Products and Services?
Some notable products and services from CDW include computer hardware and software, networking equipment, data storage solutions, cloud computing services, cybersecurity solutions, and IT consulting services. They also offer a wide range of technology products from leading manufacturers such as Dell, HP, Cisco, Microsoft, and Apple.
Has CDW Acquired any Companies?
Yes, CDW has made several notable acquisitions, including Berbee Information Networks Corporation in 2006, Kelway in 2016, and Scalar Decisions Inc. in 2020.