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Lenovo’s Q1 Results: 5 Big Takeaways For Partners

The company is seeing strong growth in its PC, data center and solutions and services businesses driven by partners, according to Vladimir Rozanovich, president of North America for Lenovo.

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Lenovo’s Growth Surge

PC and data center giant Lenovo had a “historic quarter” with its latest financial report, with the help of strong channel-fueled sales in North America, said Vladimir Rozanovich, Lenovo’s recently appointed president of North America. Rozanovich, who also serves as senior vice president for the International Sales Organization at Lenovo, said in an interview with CRN on Wednesday that partners are helping propel Lenovo to major growth across its three business units—the Intelligent Devices Group, Infrastructure Solutions Group and recently created Solutions and Services Group.

In the Intelligent Devices Group (IDG), in particular, “we continue to remain No. 1 in a market where demand is very strong,” Rozanovich said, referring the company’s top position for global PC market share. Along with ongoing demand for devices to enable remote and hybrid work, the return to the office is also “starting to drive refresh rates on commercial PCs,” he said. Meanwhile, for the Infrastructure Solutions Group (ISG)—formerly known as the Data Center Group—demand for products such as servers is also on the rise, Rozanovich said.

What follows are five big takeaways for partners from Lenovo’s fiscal Q1 results.

 
 
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