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CDW (CDW) investor relations material
CDW Citi’s 2025 Global Technology, Media and Telecommunications Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Business performance and outlook
Achieved 10% year-on-year growth in Q2, with resilient performance across diverse end markets.
Enterprise segment outperformed expectations in the first half, while federal and education markets faced challenges due to policy and funding changes.
Outlook for the second half remains cautious, with muted expectations for federal and education sectors.
Healthcare and international markets showed strong growth, but future growth is expected to be more modest.
Prudent approach to forecasting due to unpredictable policy and administration changes.
Competitive positioning and strategy
Evolved from a reseller to a technology integrator, offering end-to-end solutions with AI and automation.
Scale and strong partner ecosystem provide significant market advantages and cost leverage.
Investments in advisory, managed services, data, AI, and security drive higher margins and relevance.
Diversity across end markets and agility in operations help navigate macro and technology-specific events.
Cloud and technology services
Cloud adoption remains complex, with less than 50% of workloads migrated; customers need guidance to optimize ROI.
Multi-cloud environments require ongoing assessment and trusted advisory services.
Partners incentivize the company to deliver services due to increasing technology complexity.
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