Carahsoft is honored to be recognized for our outstanding performance by the industry, trade press and, most importantly, our partners.
Company Listed for Eighth Consecutive Year
RESTON, Va. — October 15, 2019 — Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced that it has been ranked on the Bloomberg Government List of Top 200 Government Contractors for the eighth consecutive year. Carahsoft ranked #80 on this year’s list, rising ten ranks since 2018 and marking the company’s third year in the top 100.
The eighth annual BGOV200 Federal Industry Leaders Study ranks the top 200 vendors by value of prime, unclassified contracts awarded by U.S. agencies in fiscal 2018. It analyzes the top contracts at 24 agencies and departments and in 27 different purchasing categories.
“Fiscal 2018 contracting dollars increased by $46.3 billion compared with the previous year — that’s good news for contractors,” wrote Donald Thomas, Vice President and General Manager at Bloomberg Government, LLC. “These Federal spending trends have more of an impact on future BGOV200 results for some companies, but significantly change the landscape for contract obligations.”
Overall, the study found that total Federal contract spending increased 9 percent in fiscal 2018 from $512 billion in 2017. Carahsoft’s own obligations increased by 17 percent to $759 million over the same time period. The contractors on the Bloomberg Government 200 list won 64 percent of the total Federal contract spend, accounting for $327.7 billion. As in previous fiscal years, contract consolidation is expected to continue as Federal agencies expand the Office of Management and Budget’s category management initiatives and concentrate spending through contracts that the government is now designating as “best in class.”
“It is great to see continued growth across the Federal contracting industry,” said Craig P. Abod, Carahsoft President. “Market trends may change, but our central goal to empower agency missions, in collaboration with our reseller partners and technology solutions providers, remains the same. We look forward to closing out a strong year in 2019 and seeing what new opportunities 2020 will bring.”
Since its founding in 2004, Carahsoft has provided the public sector market with IT solutions from hundreds of technology vendors, prime contractors, system integrators, value-added resellers and additional channel partners. In 2018, the company booked more than $5 billion in sales and expanded its team to include more than 1,000 sales, marketing, customer service and contracting professionals.
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®. As a top-performing GSA Schedule and SEWP contract holder, Carahsoft serves as the master government aggregator for many of its best-of-breed technology vendors, supporting an extensive ecosystem of manufacturers, value-added resellers, system integrators and consulting partners committed to helping government agencies select and implement the best solution at the best possible value.
The company's dedicated Solutions Divisions proactively market, sell and deliver VMware, Amazon Web Services (AWS), Palo Alto Networks, Symantec, Veritas, McAfee, Dell, Adobe, F5 Networks, Google Cloud, ServiceNow, Open Source, Micro Focus Government Solutions, SAP, Salesforce, and Innovative and Intelligence products and services, among others. Carahsoft is consistently recognized by its partners as a top revenue producer and is listed annually among the industry's fastest growing and largest firms by CRN, Inc., Forbes, Washington Technology, The Washington Post, Washington Business Journal, and Bloomberg Government. Visit us at www.carahsoft.com or follow us on Twitter and Facebook.