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Broadcom Awards ePlus Growth Partner of the Year for VMware

1. ePlus named 2024 VMware Fastest Growth Partner by Broadcom. 2. Recognized for significant year-over-year subscription bookings growth. 3. ePlus utilizes advisory services to navigate VMware solutions effectively. 4. Achievement validates ePlus's expertise and customer engagement. 5. Focus on cloud technology enhances customer outcomes and investment confidence.

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FAQ

Why Bullish?

Recognition as a growth leader positions ePlus favorably in the tech market, akin to other successful firms like Nutanix that saw stock rallies after similar accolades.

How important is it?

The award demonstrates operational excellence and can attract investor interest, impacting PLUS positively.

Why Short Term?

Immediate positive sentiment likely to boost stock price following this announcement, but sustained growth depends on execution and follow-up results.

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AVGONTNXVMW
, /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has been named the 2024 VMware Fastest Growth Partner (Americas) by Broadcom. ePlus is recognized for outstanding year-over-year growth in subscription bookings. ePlus was recognized for its ability to leverage its advisory services, including licensing assessments and VMware Optimization Assessments, to help VMware customers quickly navigate change and understand the value in the new VMware Cloud Foundation (VCF) and VMware vSphere Foundation (VVF) subscription models.  ePlus is a Broadcom Premier Solution Provider, well-known for its technical expertise and decades of experience with VMware solutions. Together with Broadcom, ePlus helps customers build, secure, and manage cloud technology infrastructures to modernize operations and help enable innovation. With VMware's private cloud software suite as a foundation, ePlus' experienced consulting approach and technical engineering expertise helps organizations apply technology in the most effective way to help deliver better business outcomes. "We are extremely proud of this achievement, which is clear validation of our expertise and effort to assist our customers in navigating the evolution of the products and solutions available to them from Broadcom," said Darren Raiguel, chief operating officer at ePlus. "ePlus' engagement and involvement has been critical in helping our customers accurately assess their environments and needs. As a result of the focus and dedication of our cloud and data center virtualization teams, many of our VMware customers have been able to right-size their investments with confidence." According to the Broadcom announcement[1], "our winning partners played key roles in driving innovation, go-to-market execution excellence, investing in enablement and technical expertise — all while delivering superior customer outcomes." About ePlus inc. ePlus is a customer-first, services-led, and results-driven industry leader offering transformative technology solutions and services to provide the best customer outcomes. Offering a full portfolio of solutions, including artificial intelligence, security, cloud and data center, networking and collaboration, as well as managed, consultative and professional services, ePlus works closely with organizations across many industries to successfully navigate business challenges. With a long list of industry-leading partners and more than 2,200 employees, our expertise has been honed over more than three decades, giving us specialized yet broad levels of experience and knowledge. ePlus is headquartered in Virginia, with locations in the United States, United Kingdom, Europe, and Asia‐Pacific. For more information, visit www.eplus.com, call 888-482-1122, or email [email protected].  Connect with ePlus on LinkedIn, X, Facebook, and Instagram.  ePlus®, Where Technology Means More®, and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries.  The names of other companies, products, and services mentioned herein may be the trademarks of their respective owners. _____________________________1 Broadcom 2024 Partner Awards, March 7, 2025, Laura Falko SOURCE EPLUS INC. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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