EPlus

Last updated
ePlus Inc.
Company type Public
Nasdaq:  PLUS
S&P 600 Component
IndustryTechnology solutions[ buzzword ] provider
Founded1990;34 years ago (1990)
Headquarters Herndon, Virginia,
US
Area served
United States
Revenue $2.23 billion (As of 2024) [1]
Number of employees
1900 [2]

ePlus Inc.(Nasdaq: PLUS) is a consultative technology solutions provider that provides solutions and advisory and managed services across the technology spectrum, including security, cloud, networking, collaboration, artificial intelligence, and emerging solutions to more than 5,000 customers. [3]

Contents

ePlus was founded in 1990, and was formerly known as MLC Holdings, Inc. The company changed its name to ePlus, inc. in 1999, after its IPO in 1996. [4]

Partnerships

ePlus offers technology solutions through partnerships with various technology vendors in areas such as security, cloud, networking, artificial intelligence, and digital infrastructure including Cisco Systems, Hewlett Packard, Apple Inc., Dell and Microsoft. [5]

Facilities and staff

ePlus’ operations are directed from its headquarters in Herndon, Virginia. The company has over 1,900 employees [6] working in 30+ locations across the U.S., U.K., Europe, India and Singapore [7] .

History and operations

The company has two segments: Technology and Financing.The financing division is engaged in providing equipment, software and relevant solutions[ buzzword ] to government and government-oriented entities. [8] [9] In November 2013, the company's subsidiary, ePlus Technology Inc, acquired Advistor Inc. [10]

On February 4, 2014, the company expanded its Managed Services operations with a new center, which is ePlus' third Managed Services Center in the United States in the Raleigh, North Carolina, area. [11] The company provides customers with lifecycle management, and financing for IT products and services. [9]

In July 2022, ePlus acquired Future Com, Ltd., a Texas-based provider of cyber security solutions. [12]

Related Research Articles

<span class="mw-page-title-main">Computer Sciences Corporation</span> Defunct American corporation that provided information technology services

Computer Sciences Corporation (CSC) was an American multinational corporation that provided information technology (IT) services and professional services. On April 3, 2017, it merged with the Enterprise Services line of business of HP Enterprise to create DXC Technology.

<span class="mw-page-title-main">ADP (company)</span> American software company

Automatic Data Processing, Inc. (ADP) is an American provider of human resources management software and services, headquartered in Roseland, New Jersey.

CyberTrust was a security services company formed in Virginia in November 2004 from the merger of TruSecure and Betrusted. Betrusted previously acquired GTE Cybertrust. Cybertrust acquired a large stake in Ubizen, a European security services firm based in Belgium, to become one of the largest information security firms in the world. It was acquired by Verizon Business in 2007. In 2015, the CyberTrust root certificates were acquired by DigiCert, Inc., a leading global Certificate Authority (CA) and provider of trusted identity and authentication services.

<span class="mw-page-title-main">Fiserv</span> Provider of financial services technology to banks

Fiserv, Inc. is an American multinational company headquartered in Milwaukee, Wisconsin. Fiserv provides financial technology and services to clients across the financial services sector, including banks, thrifts, credit unions, securities broker dealers, mortgage, insurance, leasing and finance companies, and retailers.

<span class="mw-page-title-main">J2 Global</span> American publicly traded technology company based in Hollywood, Los Angeles, California

J2 Global, Inc. was an American technology holding company based in Los Angeles, California. The company provided Internet services through two divisions: Business Cloud Services and Digital Media.

<span class="mw-page-title-main">Sierra Wireless</span> Canadian wireless communications company

Sierra Wireless is a Canadian multinational wireless communications equipment designer, manufacturer and services provider headquartered in Richmond, British Columbia, Canada. It also maintains offices and operations in the United States, Korea, Japan, Taiwan, India, France, Australia and New Zealand.

United Rentals, Inc. is an American equipment rental company, with about 16 percent of the North American market share as of 2022. It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. The company has a combined total of 1,625 locations, including an integrated network of 1,504 rental locations in North America, 38 in Europe, 23 in Australia and 19 in New Zealand. In North America, the company operates in 49 U.S. states and Puerto Rico and in every Canadian province. In 2017, United Rentals' revenue totaled more than $6.64 billion, with over $1.35 billion in profit. It is ranked #424 on the Fortune 500, #1183 on the Forbes Global 2000 list of the world's largest public companies, and is the world's largest equipment rental company.

Verint Systems Inc. is a Melville, New York–based technology company that sells products and services for customer experience (CX) automation. The company offers an open platform, applications, and bots that incorporate artificial intelligence (AI), advanced analytics, large language models, and automated workflows to analyze business intelligence from customer interactions in the contact center, back office, branch, web sites, and mobile apps. This information is used by organizations to achieve a variety of business outcomes, such as increasing productivity and service quality without hiring additional workers, lowering costs, improving the customer experience, and enhancing products, services, and competitive differentiation.

ManTech International Corporation is an American defense contracting firm based in Herndon, Virginia. It was co-founded in 1968 by Franc Wertheimer and George J. Pedersen. The company uses technology to help government and industry clients. The company name "ManTech" is a portmanteau formed through the combination of "management" and "technology."

Lumen Technologies, Inc. is an American telecommunications company headquartered in Monroe, Louisiana, which offers communications, network services, security, cloud solutions, voice and managed services through its fiber optic and copper networks, as well as its data centers and cloud computing services. The company has been included in the S&P 600 index since being removed from the S&P 500 in March 2023.

CornerWorld Corporation is a microcap publicly traded company holding assets in direct marketing, telecommunications and technology. CornerWorld has headquarters in Dallas, Texas, as well as offices in Holland, Michigan, and New York, New York.

CareCloud, Inc. is a publicly traded American healthcare information technology company that provides services, to healthcare providers and hospitals. The Company maintains its headquarters in Somerset, New Jersey, and employs approximately 4,000 workers worldwide.

One Horizon Group, Plc. is a technology company that licenses software.

Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.

Cyren Inc. was a cloud-based Internet security technology company that provided security services and threat intelligence services to businesses. It offered a range of services including web security, DNS security, anti-spam solutions, phishing detection, ransomware protection, URL filtering, malware detection, and botnet attack prevention. Cyren also provided endpoint protection for mobile devices and Internet of Things (IoT) gateways. Major clients included Microsoft, Google, Check Point, Dell, T-Mobile, and Intel. The company announced its closure in February 2023.

ZeroFox Holdings, Inc. is an external cybersecurity company based in Baltimore, Maryland. It provides cloud-based software as a service (SaaS) for organizations to expose and disrupt phishing and fraud campaigns, botnet exposures, credential theft, impersonations, data breaches, and physical threats that target brands, domains, people, and assets.

<span class="mw-page-title-main">Inphi Corporation</span> American technology company

Inphi Corporation is an American company that produces 10G-800G high-speed analog and mixed-signal semiconductor components and optical subsystems to networking original equipment manufacturers (OEMs), optical module, cloud and telecom service providers. Its headquarters are located in Santa Clara, California. Inphi develops linear transimpedance amplifiers, modulator drivers, optical physical layer devices, coherent DSPs, and silicon photonic-based subsystems for long haul, metro, and data center applications. As of April 20, 2021, the company was acquired by Marvell Technology, Inc.

<span class="mw-page-title-main">Ideanomics</span> Mobility technology company (e. 2017)

Ideanomics, Inc. is a global electric vehicle company that is focused on driving the adoption of electric commercial vehicles and associated sustainable energy consumption. It is made up of 5 subsidiaries including: VIA Motors, Solectrac, Treeletrik, Wave, and US Hybrid.

Veritone, Inc. is an American artificial intelligence technology company based in Irvine, California founded in 2014. Veritone's aiWARE technology and solutions are licensed and utilized by such industries as global media conglomerates, professional sports teams, federal government agencies, energy utilities, and state and local police departments. Veritone services more than 1,500 customers around the world. It is traded on NASDAQ Global Market as VERI.

<span class="mw-page-title-main">ADI Global Distribution</span> Wholesaler of security products

ADI Global Distribution is a wholesale distributor of security, pro-AV and low-voltage products for contractors, installers, and resellers. The company has over 190 locations throughout North America, Puerto Rico, Europe, the Middle East, and Africa. ADI's inventory includes products such as video surveillance, building access control, home intrusion, fire safety, and alarm systems as well as professional and residential audio/video (AV) equipment such as commercial speakers and video displays, networking equipment, data communications solutions, tools, wire, cabling, and more.

References

  1. https://stockanalysis.com/stocks/plus/revenue/
  2. https://finance.yahoo.com/quote/PLUS/profile/?ltr=1
  3. https://www.sec.gov/ix?doc=/Archives/edgar/data/1022408/000114036123026454/brhc20053157_10k.htm
  4. https://stockanalysis.com/stocks/plus/company/
  5. https://seekingalpha.com/filing/8694262
  6. https://finance.yahoo.com/q/pr?s=PLUS+Profile
  7. https://www.sec.gov/ix?doc=/Archives/edgar/data/1022408/000114036123026454/brhc20053157_10k.htm
  8. "PLUS Profile |ePlus inc. Stock - Yahoo! Finance". Finance.yahoo.com. Retrieved 2014-02-19.
  9. 1 2 "ePlus Annual Report for 2013. Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]". SEC.gov. 2013-06-06. Retrieved 2014-02-20.
  10. "ePlus Inc. Reuters.com". Reuters. com. Retrieved 2014-02-20.
  11. "ePlus Opens New Managed Services Center in Morrisville". governor.state.nc.us. 2014-02-05. Retrieved 2014-02-20.
  12. "ePlus acquires cyber security firm Future Com | Seeking Alpha". seekingalpha.com. 18 July 2022. Retrieved 2022-07-20.