It is a technology development company. This company deals with the advancement of modern technology.
In 1990, ‘David Steward’ and ‘Jim Kavanaugh’ founded this ‘World Wide Technology or WWT’ company.
‘David Steward’ is an American black citizen. The company is the largest black-owned company in America. Presently ‘Jim Kavanaugh’ is the ‘CEO’ of this company.
This company is based in America’s ‘st. Founded in Louis, Missouri. It is currently the 27th largest company in America. The annual revenue of this company is 14.5 billion US dollars. This ‘World Wide Technology or WWT’ company provides “cloud computing, computer security, data centers, data analytics and artificial intelligence, computer networks, application software development, cell phone carrier networking, and consulting” services. It currently has about eight thousand The worker works.
It has branches in several countries of the world. They provide technology from different countries of the world. Its business scope is constantly increasing. It is expected that its name will appear in the list of top 10 in the next few years.
History of World Wide Technology or WWT
How is ‘World Wide Technology or WWT’ established?
In July 1990, ‘David Steward’ and ‘Jim Kavanaugh’ created this company ‘World Wide Technology or WWT’ to resell various technology equipment.
In 1994 this ‘World Wide Technology or WWT‘ entered into a joint venture with ‘Cisco Systems’ to resell hardware and software. The company ‘World Wide Technology or WWT’ is involved in partnership business with technology companies ‘Dell, Hewlett Packard Enterprise, Intel, Microsoft, NetApp, F5, Tanium and VMware’.
‘World Wide Technology or WWT’ built its first ‘warehouse’ in 1996 and operates over 20 facilities with 20 million square feet of ‘warehouse’, distribution and integration space. ‘World Wide Technology or WWT’ was founded in 1999 by ‘Steward and Kavanaugh’ as two separate companies ‘Telcobuy.com and LLC’.
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In March, 2000 Telcobuy announced $27.5 million in venture capital. Then a th revenue rose to $246 million.
Telcobuy had planned an ‘initial public offering’ of around $100 million. But the plan was shelved in the recession of the early 2000s as the dot-com bubble burst.
‘World Wide Technology or WWT’ has built its first large-scale integration lab in St. Louis to enhance secure system configuration capabilities. Additional integration labs were established in Europe and Asia.
In 2015 ‘World Wide Technology or WWT’ company branches were opened in Amsterdam and Singapore. And in 2019 a branch of ‘World Wide Technology or WWT’ was opened in Mumbai.
In 2009 World Wide Technology or WWT opened an advanced technology center to allow the company’s engineers, customers and partners to evaluate hardware and software. Advanced Technology Center was made accessible online.
In 2015 ‘World Wide Technology or WWT’ company acquired ‘St Louis Software Company’.
In 2020, the company ‘World Wide Technology or WWT’ received the ‘webby award’ in the ‘Health & Fitness and People’s Voice’ category for developing the ‘St. Jude Children’s Research Hospital Patient Care’ app.
‘World Wide Technology or WWT’ has been ranked among ‘fortune’ magazine’s 100 best companies to work for from 2012 to 2022.
In 2021, ‘Time’ magazine named ‘World Wide Technology or WWT’ among the 100 most influential companies in the “Leader” category.