Dimension Data has clinched the 21st position on BusinessWeek’s InfoTech 100.
BusinessWeek magazine is a premiere international business publication, which annually ranks technology companies based on performance.
To qualify, companies had to have revenues of at least $500 million. Companies whose stock price had dropped more than 50%, whose sales shrank 5% or more, or where other developments raised questions about future performance, were eliminated from contention.
BusinessWeek also eliminated some telcos whose monopoly or near-monopoly power may give them an advantage over competitors.
The companies were ranked on four criteria namely: return on equity, shareholder return and revenue growth (which were given equal weight), and total revenues (which were weighted). The four rankings for each company were added together, and those with the lowest combined score topped the list. The top 100 were then re-ranked as a group.
Dimension Data has said that the development is a fantastic endorsement showing that its consistent and strong financial performance is exceeding that of many of the world’s largest IT companies and most recognized brands.
IBM, MTN Group, Samsung Electronics, HP, Microsoft, Dell, Nokia, LG Electronics and Cisco took 5th, 12th, 15th, 20th, 22nd, 38th, 49th, 53rd and 56th positions respectively.