WWT CEO On ‘Exciting’ AI Strategy, Cisco, Nvidia And 40 Percent Growth In 2023
World Wide Technology’s Jim Kavanaugh explains his $17 billion company’s massive sales growth in 2023 and WWT’s strategic moves around doubling down on AI.
You’re a $17 billion company. That 30 percent to 40 percent growth in 2023 is larger than most of the world’s market leaders. How is WWT doing it?
There’s no embellishment on that number. I’m actually being conservative. We continue to see good activity and good growth both on what I would say: off-the-shelf traditional business, value-added reseller (VAR), systems integration (SI); as well as our services business that is growing faster than our traditional VAR and SI work.
So we’re bringing the services together in a very complementary way—whether that’s software development, strategic resourcing, application development, automation, core networking, data center, or looking at just the traditional services. Also, we continue to evolve around our digital strategy.
We’re obviously in the very, very early stages of what’s going to come around AI.
That’s a space that we have made pretty significant investment over the last eight to ten years in our big Data Science Group which I think puts us in a very strong position, along with our software development and our management consulting group, to come in and help clients really think through and advise them in regards to how they’re going to approach AI infrastructure. I think there’s multiple phases of this.