Lenovo wraps the growth of its businesses and solutions with hybrid AI

Innovation in all divisions and solutions portfolio, the PC area as a business muscle, increasingly balanced with that of infrastructure and services, and a solid partner ecosystem around hybrid AI opportunities center the growth strategy of Lenovo, after rising market share and billing results in its last fiscal year.

“We are a global company, with 360º solutions that the market demands, with a balanced business in all geographical areas and with the non-PC business becoming increasingly important, so that we are not identified only as a device company”, has underlined Alberto Ruano, general director of Lenovo Iberia, when announcing the good results of the company in the last quarter and fiscal closing 23/24.

Specifically, he professional business of the company has gained eight points of market share in this period, placing itself in Q4 in the 42,4%, consequence of the public tenders won in the Public Administration, mainly in the area of education, of companies.

Added to this is the growth of the non-PC environment, that has more and more weight in the company, to the point that the infrastructure and services business already supposes the 42% (regarding the 58% del PC) and will continue to rise. Although Ruano emphasizes, that the latter “will continue to grow, along with Motorola's, because it is the basis of our business, 'the rice' of the company. If the PC does not turn on in the morning, “We have a serious problem.”.

Specifically, Irene Acedo, responsible for infrastructure solutions business (ISG) for EMEA from Lenovo, highlighted the growth of 15% worldwide (22% in Spain) during Q4, with an increase of 52% YoY in storage, software and services.

Acedo highlighted the company's effort in this business, whose market share is located in Spain only in the 10%, despite surpassing that of Europe, and highlighted that they have achieved certify the 150 ISV on your platform and have sixty cases installed on your platform.

A common element in all Lenovo business lines and with a weight that will be fundamental in its growth strategy is the hybrid artificial intelligence, “from device to cloud, with an increase of 9,5% annual, "That will be the big change that we are going to have both at the business level and in society.", Ruano points out.

With this vision, The company's objective is to “grow, grow and grow - says this manager- with a strategy focused on innovation, in the solutions portfolio, in infrastructure and services and in our partner ecosystem. If you can do it as a company, because there is a market and opportunities, why don't we do it?”