EPlus

Pure Storage Accelerates Enterprise AI Adoption to Meet Growing Demands with NVIDIA AI

Retrieved on: 
Monday, March 18, 2024

Building on this collaboration with NVIDIA, Pure Storage delivers the latest technologies to meet the rapidly growing demand for AI across today's enterprises.

Key Points: 
  • Building on this collaboration with NVIDIA, Pure Storage delivers the latest technologies to meet the rapidly growing demand for AI across today's enterprises.
  • This validation offers additional choice for AI customers and complements Pure Storage's certification for NVIDIA DGX BasePOD announced last year.
  • Vertical RAG Development: To accelerate successful AI adoption across vertical industries, Pure Storage is creating vertical-specific RAGs in collaboration with NVIDIA.
  • Pioneering enterprise AI deployments, particularly among a rapidly growing set of Fortune 500 enterprise customers, Pure Storage provides a simple, reliable, and efficient storage platform for enterprises to fully leverage the potential of AI, while reducing the associated risk, cost, and energy consumption.

ePlus Places on CRN 2024 MSP 500 Elite 150 and Tech Elite 250 Lists

Retrieved on: 
Monday, March 18, 2024

HERNDON, Va., March 18, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news ) today announced that it has earned places on both the CRN MSP 500 List, in the Elite 150 category, and the CRN Tech Elite 250 List.

Key Points: 
  • HERNDON, Va., March 18, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news ) today announced that it has earned places on both the CRN MSP 500 List, in the Elite 150 category, and the CRN Tech Elite 250 List.
  • MSP 500 Elite 150 companies have an extensive managed services portfolio, including on-premises and off-premises capabilities, weighted toward midmarket and enterprise customers.
  • Coverage of the Tech Elite 250 will be featured in the April issue of CRN Magazine and online at www.CRN.com/techelite250 .
  • Prior to being acquired by ePlus, PEAK Resources, Inc. also achieved placement on the CRN Tech Elite 250 List.

ePlus Reports Third Quarter and First Nine Months Financial Results

Retrieved on: 
Tuesday, February 6, 2024

Net sales increased 6.0% to $1,670.8 million; technology business net sales increased 6.5% to $1,631.8 million; services revenues increased 8.9% to $213.2 million.

Key Points: 
  • Net sales increased 6.0% to $1,670.8 million; technology business net sales increased 6.5% to $1,631.8 million; services revenues increased 8.9% to $213.2 million.
  • ePlus inc. (NASDAQ:  PLUS), a leading provider of technology and financing solutions, today announced financial results for the three months and nine months ended December 31, 2023.
  • As we enter our fiscal fourth quarter, customer purchasing trends have improved, which supports the lower end of our fiscal 2024 financial guidance range," said Mark Marron, President and CEO of ePlus.
  • For the third quarter ended December 31, 2023, as compared to the third quarter ended December 31, 2022:
    Consolidated net sales decreased 18.4% to $509.1 million, from $623.5 million.

ePlus Announces AI Ignite: Artificial Intelligence Assessment, Enablement and Implementation Offerings

Retrieved on: 
Thursday, February 1, 2024

HERNDON, Va., Feb. 1, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS) (news) today announced the availability of AI Ignite, a comprehensive suite of AI Solutions and Services designed to help organizations at any stage of their AI Journey to assess, enable, secure, implement and amplify the use of AI technologies.

Key Points: 
  • Whether an organization is AI Curious, AI Ready, or AI Mature, the variety of solutions and services offered by ePlus will enable it to explore, build, adopt and optimize AI applications.
  • These services include:
    Design and Implementation Services: ePlus offers comprehensive design and deployment services for AI infrastructure tailored to organization-specific use cases and requirements.
  • Advanced Support Services for AI Infrastructure Solutions: ePlus offers support and maintenance services for NVIDIA DGX BasePOD and other customized AI infrastructure solutions, along with monitoring, updates, and troubleshooting to enable AI infrastructure to perform at optimal levels.
  • "With AI Ignite, ePlus is providing a comprehensive suite of services that cater to the diverse needs of organizations at any stage of their AI journey.

ePlus Announces Third Quarter and Nine Month Fiscal Year 2024 Earnings Release Date and Conference Call

Retrieved on: 
Tuesday, January 30, 2024

HERNDON, Va., Jan. 30, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news ) today announced that on February 6, 2024, it will release earnings and host a conference call regarding its financial results for the three and nine months ended December 31, 2023.

Key Points: 
  • HERNDON, Va., Jan. 30, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news ) today announced that on February 6, 2024, it will release earnings and host a conference call regarding its financial results for the three and nine months ended December 31, 2023.
  • Earnings will be released after the market closes, and management will hold a conference call and audio webcast at 4:30 p.m.
  • ET.

ePlus Acquires PEAK Resources, Inc.

Retrieved on: 
Monday, January 29, 2024

HERNDON, Va., Jan. 29, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has acquired certain assets of PEAK Resources, Inc. (PEAK). Based in Denver, CO, one of the fastest growing metro areas in the U.S., PEAK has built a reputation as one of the top IT Solution Providers in the region. PEAK's customer-centric approach focuses on delivering professional services, data center, networking and cyber security products and solutions. The acquisition will help drive additional growth with enhanced engineering, sales, and services delivery capabilities in the mountain west region.

Key Points: 
  • HERNDON, Va., Jan. 29, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news ) today announced that it has acquired certain assets of PEAK Resources, Inc. (PEAK).
  • Based in Denver, CO, one of the fastest growing metro areas in the U.S., PEAK has built a reputation as one of the top IT Solution Providers in the region.
  • "Joining the ePlus family is an exciting and valuable next step for PEAK's employees and customers," said Vince DeRose, president at PEAK.
  • The acquisition of certain assets and liabilities of PEAK Resources, Inc. closed on January 26, 2024.

ePlus Joins U.S. Chamber of Commerce

Retrieved on: 
Wednesday, January 17, 2024

HERNDON, Va., Jan. 17, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced its membership in the U.S. Chamber of Commerce as well as its participation in the Chamber's AI, Cybersecurity and SEC/corporate governance priorities.

Key Points: 
  • The U.S. Chamber of Commerce is the world's largest business organization representing companies of all sizes across every sector of the economy.
  • Its members range from small businesses and local chambers of commerce to leading industry associations and large corporations.
  • "We are excited to join the U.S. Chamber of Commerce and work alongside them and other organizations on initiatives that move the economy forward, drive progress and promote long-term environmental sustainability solutions," said Mark Marron, ePlus CEO and president.
  • We are glad to welcome ePlus to the Chamber and look forward to their collaboration as we work together to support and grow America's business community," said Elizabeth Baker Keffer, Executive Vice President, Chief Relationship Officer at the U.S. Chamber of Commerce.

ePlus Welcomes New Class of GRIT -- Girls Re-Imagining Tomorrow -- Participants

Retrieved on: 
Tuesday, January 16, 2024

HERNDON, Va., Jan. 16, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced the launch of its 2024 GRIT: Girls Re-Imagining Tomorrow® (GRIT) program across the U.S.  GRIT is focused on providing middle and high school girls with consistent education, exposure and opportunities across the technology industry, has expanded this year to include 10 schools across California, Minnesota, New Jersey, North Carolina, Texas, and Virginia.

Key Points: 
  • Created in 2017 as a joint initiative between ePlus and Cisco, GRIT was founded in response to the increasing shortage of cybersecurity professionals worldwide, particularly women.
  • "1
    "I have had the privilege of witnessing the empowerment, inspiration, and importance of Girls Re-Imagining Tomorrow here at Midlothian Middle School.
  • The GRIT program gives the exposure and inspiration to girls that they can achieve success in technology.
  • "Girls Re-Imagining Tomorrow is dedicated to empowering and equipping girls with the skills, knowledge, and confidence they need to thrive in a rapidly changing world.

Dresner Partners Announced as a Winner of the 22nd Annual M&A Advisor Awards

Retrieved on: 
Wednesday, December 6, 2023

The 22nd Annual M&A Advisor Awards Gala honored the professionals whose activities set an extremely high standard for dealmaking.

Key Points: 
  • The 22nd Annual M&A Advisor Awards Gala honored the professionals whose activities set an extremely high standard for dealmaking.
  • This year, over 350 nominees, representing over 500 companies, became finalists for the awards.
  • Christopher W. Nolan Sr., Managing Director of Dresner Partners, accepted the award on behalf of the firm.
  • Roger Aguinaldo, Founder and CEO of The M&A Advisor said, “The award recipients represent the best in the mergers and acquisitions industry this past year and earned these honors by standing out in a group of extremely impressive finalists.

ePlus Achieves the AWS Resilience Competency

Retrieved on: 
Thursday, November 30, 2023

HERNDON, Va., Nov. 30, 2023 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news ) today announced that it has achieved the Amazon Web Services (AWS) Resilience Competency in the Resilience Recovery category.

Key Points: 
  • HERNDON, Va., Nov. 30, 2023 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news ) today announced that it has achieved the Amazon Web Services (AWS) Resilience Competency in the Resilience Recovery category.
  • This specialization recognizes ePlus as an AWS Partner using AWS Resilience Services to provide validated solutions to help customers improve their critical systems availability and resilience posture.
  • Achieving the AWS Resilience Competency differentiates ePlus as an AWS Partner that has demonstrated technical proficiency and proven customer success supporting organizations' resilience goals.
  • This standardized approach allows customers to achieve their resilience goals in the cloud with the expert assistance of AWS Resilience Competency Partners.