Annese & Associates Inc<\/b>. in Clifton
\nPark announced mid-year earnings of over
\n$35.99 million in revenue and $2.29 million in
\nnet profits, at a ratio of 6.37 percent of revenue.<\/p>\n
Company officials said that while its product
\nresale business has grown by 22.3 percent over
\nthe first half of 2012, Annese’s own Branded Services
\ndivision has noted substantial increases
\nacross all of its lines of business, from professional
\nservice engagements (up 9 percent),
\nmanaged service contracts (up 98 percent,
\nnearly doubling since last year), product resale,
\nand maintenance renewal contracts. <\/p>\n
While the corporation’s sales pipeline develops anywhere from one to 18 months in advance of contract and order closings, the results are also attributable in part to Annese’s newly launched five-year strategic plan, which refocused the company’s core competencies around network infrastructure, data center virtualization, and collaboration, with a concentration on cloud and managed service offerings.<\/p>\n","protected":false},"excerpt":{"rendered":"
Annese & Associates Inc. in Clifton Park announced mid-year earnings of over $35.99 million in revenue and $2.29 million in net profits, at a ratio of 6.37 percent of revenue. Company officials said that while its product resale business…<\/p>\n","protected":false},"author":121,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[56,61],"class_list":["post-28664","post","type-post","status-publish","format-standard","hentry","category-business-briefs","tag-business-briefs","tag-clifton-park"],"yoast_head":"\r\n