Security technology services continues to be a very lucrative business for Sword & Shield Enterprise Security Inc.
The Knoxville based company’s revenues jumped to $139.1 million in 2010 from $73.6 million in 2009. That 89 percent increase was good for No. 133 on the Everything Channel’s 2011 VAR500 rankings.
The VAR500 ranks the largest value-added resellers, solution providers and integrators in North America according to revenue. Sword & Shield was No. 300 on the previous ranking. The 2011 list was released earlier this week at the VAR500 executives conference in Jacksonville, Fla.
“In this challenging economy we have seen the need for effective security solutions continue to rise. The fact that our customer base continues to grow is attributed to the expertise, innovation, and customer commitment of all Sword & Shield associates,” Sword & Shield President and CEO John McNeely said in a press release.
Sword & Shield provides security technology to industries ranging from banking and finance, to retail, manufacturing, and healthcare.
A few weeks ago, Sword & Shield won a Pinnacle Award from the Knoxville Chamber. Sword & Shield won the Small Business Excellence Award, whichgoes to a fast-growing business with 50 or fewer employees.