VisionIT was named the National Supplier of the Year: Class IV – Annual Sales Greater than $50 Million at the National Minority Supplier Development Council, Inc. (NMSDC) Awards Banquet on Oct. 31, 2012 in Denver, Colorado.
VisionIT was selected as a winner for its tremendous growth into one of the largest Hispanic-owned IT firms in the country – with 2011 revenues of $239 million – since its establishment in 1997. VisionIT services major customers like Comerica Bank, Detroit Public Schools, Freddie Mac, Johnson & Johnson, Meritor, Pfizer, Siemens and Toyota and is a supporter of other minority-owned businesses. VisionIT spent $30 million with MBEs last year. Segura and VisionIT employees also actively participate nationally in community initiatives including mentorship, internships, scholarships, technology labs, and job opportunities.
“This is the highest honor for a minority business enterprise firm in the United States,” said David H. Segura, CEO of VisionIT. “Not only has VisionIT maintained a commitment to offering the best service, we’ve done so with a dedication to other minority-owned businesses and our community.”
“Here in Michigan, we’ve witnessed the outstanding growth of VisionIT firsthand,” said Louis Green, President and CEO of the Michigan Minority Supplier Development Council. “I am thrilled to see that the entire country has recognized what we’ve known all along – VisionIT and David Segura are the very best at what they do. The Minority Business of the year award from our national organization reflects VisionIT’s status as a national player in the information technology industry, and also highlights their pattern of innovation under the leadership of David Segura and his executive team.”
The Award Process
Representing the best-of-the-best among NMSDC’s 16,000 certified minority businesses, 16 businesses are named Regional Minority Supplier of the Year winners, annually. One regional winner from each of four classes is named the National Supplier of the Year.
Businesses are nominated by their corporate customers and divided into four classes based on annual sales: Class IV – annual sales greater than $50 million, Class III – annual sales between $10 million and $50 million, Class II – annual Sales Between $1 million and $10 million and Class I – annual sales less than $1 million.
NMSDC-certified minority-owned businesses are evaluated on the basis of business growth, development and performance, community service and the ability to overcome challenges brought on by the company owner’s heritage or background.
NMSDC Annual Conference
The Conference theme for 2012 was “Minority Businesses and Corporate America: Advancing Minority Suppliers in the Global Supply Chain.” More than 7,000 participants, including minority business owners and corporate purchasing executives, attended the NMSDC 2012 Conference and Business Opportunity Fair. The Awards Banquet concludes the four-day conference, held at the Colorado Convention Center in Denver, Colo.
The National Minority Supplier Development Council advances business opportunities for certified Asian, Black, Hispanic and Native American business enterprises and connects them to corporate members. One of the country’s leading corporate membership organizations, NMSDC was chartered in 1972 to provide increased procurement and business opportunities for minority businesses of all sizes. The organization is celebrating its 40th anniversary this year.
VisionIT, Inc. is a global leader in the areas of Information Technology (IT) Managed Services and Talent Management Solutions. For nearly 16 years, VisionIT has combined focus, agility, streamlined operations and the most talented IT professionals to deliver unmatched services to many Fortune 500 corporations and large government agencies. With 20 U.S. offices, personnel in 38 U.S. states and global operations in Latin America including Puerto Rico and Mexico, VisionIT operates FAST. To learn more about this growing technology leader visit www.visionit.com.