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SmartSource Client Base Doubles For Fourth-Straight Year
Chicago – March 17, 2009 – SmartSource Inc., the only technical staffing company focused on partnering with IT solution providers, today announced the company has increased revenues for four consecutive years by a total of 80 percent and has also doubled the number of client accounts. More than 40 VARs among the VAR 500 now rely on SmartSource for IT resources on a daily basis.
To fuel the company's growth, the staffing firm has doubled the number of technical resources it has deployed on assignments over the past four years while working with more than 2,500 resources on a W2 basis in 2008. To better support the growing customer base, SmartSource also expanded its national footprint as coverage areas now include all of the United States as well as Canada and Mexico.
"We have become the ultimate go-to partner for more and more OEMs, system integrators, and nationwide computer-repair companies," said SmartSource CEO Joe Iovinelli.
Iovinelli attributes the company's success to the variable resource model that SmartSource offers to solution providers through its National Resource Alliance Program. "Companies that maintain a bench staff of consultants have utilization issues, which cuts into their bottom-line profitability," Iovinelli said. "But by giving our clients a staffing-on-demand business model, we allow them to win more business, and be more profitable.”
Through the SmartSource National Resource Alliance Program, system integrators and hardware VARs can tap into high-end as well as low-end technical resources at any time and for any time duration. More solution providers are turning to this model because over the long-term, it keeps costs down significantly.
Another key contributor to the success of SmartSource is the policy of providing contract technical resources that are primarily W2 employees rather than providing resources paid on a 1099 basis. "By employing technical professionals on a W2 basis, this allows us to offer technical professionals that are reliable, and insured from a professional liability, workman's comp and payroll standpoint," Iovinelli said. "We take on the risk of all of these requirements so that our solution-provider partners don't have to worry about them. Instead, they can focus on managing and deploying projects."
About SmartSource
Incorporated in 1996, SmartSource is a technical staffing organization that helps customers satisfy IT staffing requirements more efficiently, effectively and profitably. SmartSource clients consistently experience both reductions in operating costs and improved control over hiring and selecting qualified IT candidates for projects and open positions. SmartSource is also the only IT-staffing company that focuses primarily on partnering with the IT-solution-provider channel. For more information, visit www.smartsource-inc.com.
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