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Local Memory Hardware Distributor Memory.NET Makes Inc. 5000
Santa Ana-based Memory.NET ranks third in the Computer Hardware category of Inc. 5000 Fastest Growing Companies list
Orange County was well-represented on this year's Inc. 5000 list of fastest growing companies, and that includes technology hardware company Memory.NET, a Santa Ana-based online memory distributor of memory products. Today the company announced that the growing technology distributor has been included in the Inc. 5000 list of the fastest growing private companies—ranking 219 overall in growth and third in the Computer Hardware category.
Serving a wide range of customers in the IT asset management business—from IT procurement executives looking to upgrade their data centers to businesses of all sizes looking to upgrade their servers—Memory.NET has a direct offering for anyone looking to upgrade to the right product at the right price for their business. Memory.net makes the entire process as quick and easy as possible.
“Even as earnings are down as much as 50 percent for big brand names in the DRAM server market amid the trade wars, Memory.NET continues to grow by offering an easy to purchase modern approach to memory procurement,” said CEO Mike Johnson. “By focusing on an integrated marketing technology approach to global sales and truly servicing our customers, we continue to grow past other memory resellers and want to let others know that businesses can succeed in all types of environments as long as they are working to stay ahead of the competition.”
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While prices for memory products have come down, Memory.NET is closing their largest month ever as they finalize the books for August. Furthermore, they have forecasted 15 to 20 percent year-over-year increase in growth for the business by the end of the year.
“2020 should be even better with our ‘Everything, Everywhere, Inventory Management Solutions’ approach,” Johnson added.
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Industry analysts are optimistic about server memory demand in the coming year and despite any economic pressures from outside factors such as the trade war and normal demand cycles, the executive team at Memory.NET has plans for an expansion into new product lines and revenue streams through strategic partnerships, which will be announced and rolled out in 2020.
