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Sanmina Reports Third Quarter Fiscal 2026 Financial Results

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SAN JOSE, Calif., July 27, 2026 /PRNewswire/ — Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the third quarter ended June 27, 2026 and outlook for its fourth fiscal quarter ending October 3, 2026.

Third Quarter Fiscal 2026 Financial Highlights

Revenue: $3.46 billionGAAP operating margin: 6.4%GAAP diluted EPS: $2.12Non-GAAP(1) operating margin: 8.0%Non-GAAP(1) diluted EPS: $3.31

Additional Highlights

Cash flow from operations: $124 millionFree cash flow(2): $24 million Ending cash and cash equivalents: $1.84 billion

(1)

See Schedule 1 below for information regarding the items excluded from and our use of non-GAAP financial measures. A reconciliation of the non-GAAP financial information contained in this release to their most directly comparable GAAP measures is included in the financial statements furnished with this release.

(2)

Free cash flow is defined as net cash provided by operating activity adjusted for net purchases of property and equipment. See Condensed Consolidated Cash Flow Statement included in the financial statements furnished with this release.

“We delivered another great quarter. Revenue was at the high end of our outlook, while non-GAAP operating margin and non-GAAP diluted EPS exceeded our outlook,” stated Jure Sola, Chairman and CEO of Sanmina Corporation.

“During the quarter, we secured more customer orders in both core Sanmina and ZT Systems, expanded our capabilities, increased capacity and made progress in achieving additional synergies through vertical integration. We have established a strong foundation and continue to make strategic investments to support future growth. As momentum builds across our business, we see strong demand for fiscal 2027, with growth ramping throughout the year and into fiscal 2028.”

Fourth Quarter Fiscal 2026 Outlook

Revenue:

$3.3 billion – $3.6 billion

Non-GAAP operating margin(3):

7.5% – 8.0%

Non-GAAP diluted EPS(3):

$3.05 – $3.35

Fiscal 2026 Outlook

Prior

Updated

Revenue:

$13.7 billion – $14.3 billion

$14.0 billion – $14.3 billion

Non-GAAP operating margin(3):

6.3% – 6.6%

6.85% – 7.25%

Non-GAAP diluted EPS(3):

$10.75 – $11.35

$11.90 – $12.20

(3)

This is a forward-looking non-GAAP financial measure that cannot be reconciled to its equivalent GAAP financial measure without unreasonable effort. 

Safe Harbor Statement
The statements above relating to anticipated demand during fiscal 2027 and into fiscal 2028, and our financial outlook for the fourth quarter fiscal 2026 and fiscal year 2026, constitute forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in these statements as a result of a number of factors, including the risk that the integration of and expected benefits from the ZT Systems acquisition may not be realized or may take longer to realize than anticipated; adverse changes in the key markets we target, in particular the cloud and AI infrastructure sectors; the impact of recent or future changes in tariffs and trade policy, which may adversely affect our costs, supply chain, and customer demand; our reliance on a limited number of customers for a substantial portion of our sales; risks arising from our international operations and expansion into new geographic markets; geopolitical uncertainty, including relating to the conflict in the Middle East, and the other risk factors set forth in the Company’s annual and quarterly reports filed with the Securities Exchange Commission.

The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter any of the forward-looking statements made in this earnings release, the conference call or the Investor Relations section of our website whether as a result of new information, future events or otherwise, unless otherwise required by law.

Company Conference Call Information
Sanmina will hold a conference call to review its financial results for the third quarter and outlook for the fourth quarter of fiscal 2026 on Monday, July 27, 2026 at 5:00 p.m. ET (2:00 p.m. PT). The access numbers are: domestic 800-836-8184 and international 646-357-8785. The conference call will also be webcast live over the Internet. You can log on to the live webcast at Q3’26 Earnings. Additional information in the form of a slide presentation is available on Sanmina’s website at www.sanmina.com.  A replay of the conference call will be available for 48-hours. The access numbers are: domestic 888-660-6345 and international 646-517-4150, access code is 70899#.

About Sanmina
Sanmina Corporation, a Fortune 500 company, is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the industrial and energy, medical, defense and aerospace, automotive and transportation, communications networks, and cloud and AI infrastructure markets. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at www.sanmina.com. 

Sanmina Contact
Paige Melching
SVP, Investor Communications
408-964-3610

Logo – https://mmx.prnewswire.com/media/1992091/SANMINA_CORPORATION_LOGO-2024.jpg

 

Sanmina Corporation

Condensed Consolidated Balance Sheets

(in thousands)

(GAAP)

(Unaudited)

June 27,
2026

September 27,
2025

ASSETS

Current assets:

Cash and cash equivalents

$     1,844,942

$        926,267

Accounts receivable, net

1,986,682

1,400,129

Contract assets

522,364

425,944

Inventories

3,152,247

1,988,462

Prepaid expenses and other current assets

322,179

124,656

Total current assets

7,828,414

4,865,458

Property, plant and equipment, net

1,051,414

682,354

Deferred income tax assets

320,224

171,218

Goodwill

121,889

30,386

Other assets

417,793

108,757

Total assets

$     9,739,734

$     5,858,173

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:

Accounts payable

$     2,452,745

$     1,578,895

Accrued liabilities

366,525

179,605

Deferred revenue and customer advances

1,149,752

878,474

Accrued payroll and related benefits

212,858

167,541

Short-term debt, including current portion of long-term debt

215,000

17,500

Total current liabilities

4,396,880

2,822,015

Long-term liabilities:

Long-term debt

1,957,310

282,974

Other liabilities

625,919

214,021

Total long-term liabilities

2,583,229

496,995

Stockholders’ equity

2,759,625

2,539,163

Total liabilities and stockholders’ equity

$     9,739,734

$     5,858,173

 

Sanmina Corporation

Condensed Consolidated Statements of Income

(in thousands, except per share amounts)

(GAAP)

(Unaudited)

Three Months Ended

Nine Months Ended

June 27,
2026

June 28,
2025

June 27,
2026

June 28,
2025

Net sales

$   3,464,016

$   2,041,562

$  10,666,980

$   6,031,990

Cost of sales

3,100,711

1,860,512

9,707,522

5,506,790

Gross profit

363,305

181,050

959,458

525,200

Operating expenses:

Selling, general and administrative

109,331

69,542

337,766

216,700

Research and development

8,267

8,078

24,916

22,418

Acquisition, integration and others

21,075

7,080

137,022

7,080

Amortization of intangibles

1,831

—

4,883

—

Restructuring

1,576

473

3,040

2,899

Total operating expenses

142,080

85,173

507,627

249,097

Operating income

221,225

95,877

451,831

276,103

Interest income

9,800

4,200

26,291

11,319

Interest expense

(32,464)

(4,981)

(89,324)

(14,961)

Other income (expense), net

(6,809)

(3,686)

(4,326)

(6,370)

Interest and other, net

(29,473)

(4,467)

(67,359)

(10,012)

Income before income taxes

191,752

91,410

384,472

266,091

Provision for income taxes

66,444

18,522

109,594

51,804

Net income before noncontrolling interest

125,308

72,888

274,878

214,287

     Less: Net income attributable to noncontrolling interest

8,179

4,272

14,817

16,460

Net income attributable to common shareholders

$      117,129

$        68,616

$       260,061

$      197,827

Net income attributable to common shareholders per share:

Basic

$            2.17

$            1.28

$             4.81

$            3.66

Diluted

$            2.12

$            1.26

$             4.71

$            3.58

Weighted-average shares used in computing per share amounts:

Basic

53,861

53,614

54,118

54,074

Diluted

55,133

54,493

55,254

55,285

 

Sanmina Corporation

Reconciliation of GAAP to Non-GAAP Measures

(in thousands, except per share amounts)

(Unaudited)

Three Months Ended

June 27,
2026

March 28,
2026

June 28,
2025

GAAP Operating income

$     221,225

$     157,008

$      95,877

GAAP Operating margin

6.4 %

3.9 %

4.7 %

Adjustments:

Stock compensation expense (1)

24,817

24,066

16,081

Amortization of intangible assets (2)

2,431

2,332

—

Acquisition, integration and others (3)

21,075

72,584

7,080

Legal (4)

4,650

—

—

Restructuring and other

1,576

794

(3,335)

Non-GAAP Operating income

$     275,774

$     256,784

$     115,703

Non-GAAP Operating margin

8.0 %

6.0 %

5.7 %

GAAP Net income attributable to common shareholders

$     117,129

$       93,646

$      68,616

Adjustments:

Operating income adjustments (see above)

54,549

99,776

19,826

Adjustments for taxes (5)

11,025

(19,497)

(4,849)

Non-GAAP Net income attributable to common shareholders

$     182,703

$     173,925

$      83,593

GAAP Net income attributable to common shareholders per share:

Basic

$           2.17

$           1.72

$          1.28

Diluted

$           2.12

$           1.70

$          1.26

Non-GAAP Net income attributable to common shareholders per share:

Basic

$           3.39

$           3.20

$          1.56

Diluted

$           3.31

$           3.16

$          1.53

Weighted-average shares used in computing per share amounts:

Basic

53,861

54,331

53,614

Diluted

55,133

55,108

54,493

(1)

Stock compensation expense

Cost of sales

$         6,542

$         5,535

$        4,956

Selling, general and administrative

17,922

18,127

10,811

Research and development

353

404

314

Total

$       24,817

$       24,066

$      16,081

(2)

Relates to amortization of intangible assets acquired from the ZT acquisition.

(3)

Q3’26 and Q2’26 results include a $13M and $59M fair value adjustment to contingent consideration, respectively, alongside certain
employee compensation and professional services related to the ZT acquisition.

(4)

Represents expense recorded in connection with the settlement in principle of a legal matter.

(5)

Adjustments for taxes include the tax effects of the various adjustments we exclude from our non-GAAP measures, and adjustments
related to deferred tax and discrete tax items.

 

Sanmina Corporation

Condensed Consolidated Cash Flow

(in thousands)

(GAAP)

(Unaudited)

Three Months Ended

Nine Months Ended

June 27,
2026

June 28,
2025

June 27,
2026

June 28,
2025

Net income before noncontrolling interest

$       125,308

$       72,888

$      274,878

$      214,287

Depreciation and intangibles amortization

48,201

29,760

134,817

89,813

Amortization of inventory fair value adjustment

—

—

49,000

—

Deferred income taxes

8,579

2,456

54,976

6,990

Change in fair value of contingent consideration

13,000

—

72,000

—

Other, net

26,606

11,380

72,638

41,921

Net change in net working capital

(97,203)

84,298

43,668

68,567

Cash provided by operating activities

124,491

200,782

701,977

421,578

Purchases of investments

—

(60)

—

(14,700)

Proceeds from sales of investments

—

—

8,710

49,309

Net purchases of property, plant and equipment

(100,806)

(32,604)

(244,196)

(80,172)

Cash paid for business acquisition, net of cash acquired and working
capital settlement received

242,781

—

(1,114,152)

—

Cash provided by (used in) investing activities

141,975

(32,664)

(1,349,638)

(45,563)

Proceeds from long-term debt

—

—

2,200,000

—

Repayment of borrowings

—

(4,375)

(301,875)

(13,125)

Repurchases of common stock

—

(13,491)

(239,244)

(113,944)

Payments for tax withholding on stock-based compensation

(3,527)

(892)

(59,602)

(38,547)

Debt issuance costs

(638)

—

(29,341)

—

Cash provided by (used in) financing activities

(4,165)

(18,758)

1,569,938

(165,616)

Effect of exchange rate changes

(866)

1,640

(1,278)

1,461

Net change in cash, cash equivalents and restricted cash equivalents

$       261,435

$      151,000

$      920,999

$      211,860

Free cash flow:

Cash provided by operating activities

$       124,491

$      200,782

$      701,977

$      421,578

Net purchases of property, plant and equipment

(100,806)

(32,604)

(244,196)

(80,172)

$         23,685

$      168,178

$      457,781

$      341,406

Schedule 1

The statements above and financial information provided in this earnings release include non-GAAP measures of operating income, operating margin, net income and earnings per share. Management excludes from these measures stock-based compensation, restructuring, acquisition and integration expenses, impairment charges, amortization charges and other unusual or infrequent items, as adjusted for taxes, as more fully described below.

Management excludes these items principally because such charges or benefits are not directly related to the Company’s ongoing core business operations. We use such non-GAAP measures in order to (1) make more meaningful period-to-period comparisons of the Company’s operations, both internally and externally, (2) guide management in assessing the performance of the business, internally allocating resources and making decisions in furtherance of Company’s strategic plan, (3) provide investors with a better understanding of how management plans and measures the business and (4) provide investors with a better understanding of our ongoing, core business. The material limitations to management’s approach include the fact that the charges, benefits and expenses excluded are nonetheless charges, benefits and expenses required to be recognized under GAAP and, in some cases, consume cash which reduces the Company’s liquidity. Management compensates for these limitations primarily by reviewing GAAP results to obtain a complete picture of the Company’s performance and by including a reconciliation of non-GAAP results to GAAP results in its earnings releases.

Additional information regarding the economic substance of each exclusion, management’s use of the resultant non-GAAP measures, the material limitations of management’s approach and management’s methods for compensating for such limitations is provided below.

Stock-based Compensation Expense, which consists of non-cash charges for the estimated fair value of equity awards granted to employees and directors, is excluded in order to permit more meaningful period-to-period comparisons of the Company’s results since the Company grants different amounts and value of equity awards each quarter. In addition, given the fact that competitors grant different amounts and types of equity awards and may use different valuation assumptions, excluding stock-based compensation permits more accurate comparisons of the Company’s core results with those of its competitors.

Restructuring, Acquisition, Integration and Other Expenses, which consist of employee severance, lease termination costs, exit costs, environmental investigation, remediation and related employee costs and other charges primarily related to closing and consolidating manufacturing facilities, and those associated with the acquisition, integration and other expenses of acquired businesses including fair value adjustments related to contingent consideration liability, are excluded because such charges (1) can be driven by the timing of acquisitions and exit activities which are difficult to predict, (2) are not directly related to ongoing business results and (3) generally do not reflect expected future operating expenses. In addition, given the fact that the Company’s competitors complete acquisitions and adopt restructuring plans at different times and in different amounts than the Company, excluding these charges or benefits permits more accurate comparisons of the Company’s core results with those of its competitors. Items excluded by the Company may be different from those excluded by the Company’s competitors and restructuring and integration expenses include both cash and non-cash expenses. Cash expenses reduce the Company’s liquidity. Therefore, management also reviews GAAP results including these amounts.

Impairment Charges for Goodwill and Other Assets, which consist of non-cash charges, are excluded because such charges are non-recurring and do not reduce the Company’s liquidity. In addition, given the fact that the Company’s competitors may record impairment charges at different times, excluding these charges permits more accurate comparisons of the Company’s core results with those of its competitors.

Amortization Charges, which consist of non-cash charges impacted by the timing and magnitude of acquisitions of businesses or assets, are also excluded because such charges do not reduce the Company’s liquidity. In addition, such charges can be driven by the timing of acquisitions, which is difficult to predict. Excluding these charges permits more accurate comparisons of the Company’s core results with those of its competitors because the Company’s competitors complete acquisitions at different times and for different amounts than the Company.

Other Unusual or Infrequent Items, such as charges or benefits associated with distressed customers, expenses, charges and recoveries relating to certain legal matters, and gains and losses on sales of assets, are excluded because such items are typically non-recurring, difficult to predict or not directly related to the Company’s ongoing or core operations and are therefore not considered by management in assessing the current operating performance of the Company and forecasting earnings trends. However, items excluded by the Company may be different from those excluded by the Company’s competitors. In addition, these items include both cash and non-cash expenses. Cash expenses reduce the Company’s liquidity. Management compensates for these limitations by reviewing GAAP results including these amounts.

Adjustments for Taxes, which consist of the tax effects of the various adjustments that we exclude from our non-GAAP measures and adjustments related to deferred tax and discrete tax items. Including these adjustments permits more accurate comparisons of the Company’s core results with those of its competitors. We determine the tax adjustments based upon the various applicable effective tax rates. In those jurisdictions in which we do not expect to realize a tax cost or benefit (due to a history of operating losses or other factors), a reduced tax rate is applied.

View original content:https://www.prnewswire.com/news-releases/sanmina-reports-third-quarter-fiscal-2026-financial-results-302835530.html

SOURCE Sanmina Corporation

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In HelloNation, Healthcare Expert Kim McKenna Breaks Down HIV and Hepatitis Care in Rural Kentucky

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July 27, 2026

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CAMPBELLSVILLE, Ky., July 27, 2026 /PRNewswire/ — What should people living in rural Kentucky know about getting care for HIV and hepatitis close to home? A new HelloNation article featuring insights from Healthcare Expert Kim McKenna of One Cross Community Health in Campbellsville, KY, provides a clear and timely answer, spotlighting the realities of local support, treatment access, and confidential testing in small communities.

The article explains how HIV and hepatitis care in rural Kentucky is both accessible and designed to meet the needs of the local population. One of the most important points the article raises is that confidentiality is a top priority. In smaller communities, fear of stigma or being recognized can deter individuals from seeking help, but the article emphasizes that clinics in rural areas are trained to deliver private, respectful care.

Confidential testing is presented as the essential first step, whether someone is concerned about a recent exposure or is seeking a routine screening. According to the article, these services are delivered in a judgment-free environment where discretion is taken seriously. The HelloNation article makes it clear that early detection leads to better outcomes, and that access to confidential testing plays a crucial role in this process.

The article also discusses the difference in care needs depending on diagnosis. For HIV, the focus is on suppressing the virus with medication. When taken consistently, this treatment can lower viral levels to the point where they are undetectable, helping people live full and healthy lives. For hepatitis, treatment varies depending on type and stage, and some forms can even be cured. In both cases, rural clinics provide the education, support, and long-term care needed to manage these conditions effectively.

Throughout the piece, the article emphasizes how HIV and hepatitis care in rural Kentucky is built on more than just medical treatment. Emotional support, mental health awareness, and community resources are also part of the care model. Patients are offered help not just with their physical health, but with the psychological and logistical challenges that can come with a diagnosis.

The article points out that reliable care doesn’t have to come from far away. Many people in rural areas assume they must travel to urban centers for treatment, but the HelloNation feature highlights that this is not the case. Clinics in rural Kentucky are equipped to offer ongoing care, reducing the need for long travel and supporting better adherence to treatment plans.

Transportation, cost, and insurance concerns are also addressed. The article explains how rural clinics help patients navigate financial assistance programs, insurance plans, and other barriers that could prevent someone from staying in care. This kind of support plays a key role in helping people begin and continue treatment.

Another major takeaway from the article is that continuity matters. Seeing the same provider over time helps build trust, encourages open communication, and supports long-term success. HIV and hepatitis care in rural Kentucky isn’t just about access; it’s about connection, stability, and trust.

Education is another part of care. The article explains that providers regularly discuss how HIV and hepatitis are transmitted and how people can protect themselves. This helps reduce stigma and misinformation, while giving individuals the knowledge to make informed health decisions.

For those managing chronic conditions, the article notes that consistent monitoring and regular follow-ups help ensure care stays on track. These check-ins allow providers to respond proactively and make adjustments as needed. This kind of ongoing attention can make a significant difference in health outcomes.

The article concludes with a strong message of hope. With care rooted in dignity, respect, and privacy, individuals in rural Kentucky do not have to face HIV or hepatitis alone. Support is available close to home, and it is designed with their needs in mind.

What to Know About HIV and Hepatitis Care in Rural Kentucky features insights from Kim McKenna, Healthcare Expert of Campbellsville, KY, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-healthcare-expert-kim-mckenna-breaks-down-hiv-and-hepatitis-care-in-rural-kentucky-302835702.html

SOURCE HelloNation

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Razor Labs Launches DataMind AI™ 5.0, Advancing the Next Generation of AI-Powered Predictive Maintenance for Mining

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18 minutes ago

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July 27, 2026

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Major platform release expands predictive maintenance beyond fault detection, helping mining companies turn AI insights into faster maintenance decisions and improved asset reliability

SYDNEY, July 28, 2026 /PRNewswire/ — Razor Labs (TASE: RZR), a global leader in AI-powered predictive maintenance for mining, today announced the launch of DataMind AI™ 5.0, a major evolution of its predictive maintenance platform that expands predictive maintenance beyond early fault detection to support the complete maintenance decision-making process.

As mining operations become increasingly digital and equipment fleets grow in size and complexity, maintenance teams face mounting pressure to improve reliability while reducing unplanned downtime and maintenance costs. While artificial intelligence has transformed the ability to detect developing equipment failures, identifying a fault is only the beginning. Engineers must still investigate the issue, determine the appropriate response, coordinate maintenance activities, execute repairs, and verify that equipment has safely returned to operation.

The new version bridges that gap by connecting AI-powered insights with the operational workflows that maintenance and reliability teams rely on every day. Powered by Razor Labs’ proprietary AI Sensor Fusion™ technology, the platform delivers a more connected approach to equipment health management, helping organizations move seamlessly from early detection through investigation, maintenance execution, and verification across both mobile fleets and fixed assets.

“Predictive maintenance doesn’t end when AI detects a fault – that’s where the real work begins,” said Raz Roditti, CEO of Razor Labs. “DataMind AI™ 5.0 represents an important milestone in our vision for AI-powered predictive maintenance in mining. Mining companies need more than earlier detection – they need technology that helps maintenance teams make faster decisions, collaborate more effectively, and confidently turn insights into action. This release strengthens that connection, enabling organizations to maximize the value of predictive maintenance across their operations.”

The release brings together AI-powered diagnostics, engineering investigation, maintenance collaboration, and complete fault lifecycle management within a unified environment designed around the way maintenance organizations operate. By reducing the disconnect between identifying potential failures and resolving them, the platform helps improve maintenance efficiency, operational visibility, and decision-making at scale.

“Maintenance teams don’t need more alerts – they need greater clarity, context, and better workflows,” said Assaf Eden, VP Product at Razor Labs. “Version 5.0 was designed around those day-to-day realities, helping teams investigate issues faster, collaborate more effectively, and move from detection to resolution with greater confidence.”

This release reflects Razor Labs’ continued investment in advancing AI-powered predictive maintenance for mining and reinforces the company’s commitment to helping mining organizations improve equipment reliability, reduce operational risk, and transform maintenance through practical, scalable AI solutions.

Version 5.0 is now available to Razor Labs customers worldwide.

About Razor Labs

Razor Labs (TASE: RZR) is a global leader in AI-powered predictive maintenance for mining. Through its proprietary AI Sensor Fusion™ technology, the company’s DataMind AI™ platform continuously analyses operational, condition monitoring, and maintenance data to identify developing equipment failures before they impact production.

Supporting both mobile fleets and fixed assets, Razor Labs helps mining organizations reduce unplanned downtime, improve equipment reliability, and optimise maintenance decision-making. With operations across Australia, South Africa, the United States, Colombia, and Israel, the company partners with leading mining organizations worldwide to transform maintenance through artificial intelligence.

Learn more: www.razor-labs.com 

Follow Razor Labs on LinkedIn: https://www.linkedin.com/company/razor-technologies-inc 

Subscribe on YouTube: https://www.youtube.com/@RazorLabsAI

Media Contact

Dor Lila
Marketing Communications Manager
Razor Labs
pr@razor-labs.com

View original content:https://www.prnewswire.com/apac/news-releases/razor-labs-launches-datamind-ai-5-0–advancing-the-next-generation-of-ai-powered-predictive-maintenance-for-mining-302835255.html

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Ingram Micro Accelerates Cloud and AI Adoption in Australia with Oracle Cloud Distribution Program

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July 27, 2026

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The Oracle Cloud Distribution Program will enhance, diversify, and strengthen Ingram Micro’s cloud offerings across Australia

SYDNEY, July 28, 2026 /PRNewswire/ — Ingram Micro, a leading global technology provider and Oracle distribution partner, today announced that it has joined the Oracle Cloud Distribution Program to expand access to Oracle Cloud Infrastructure (OCI) in Australia and help resellers accelerate cloud adoption and AI innovation. Through this program, Ingram Micro will expand access to its OCI offerings in Australia to help partners accelerate cloud adoption and AI innovation across Australia.

The Oracle Cloud Distribution Program is a regional program that strengthens partnerships with regional and country-specific cloud distributors to expand OCI into new and existing markets, with a focus on small and midsize businesses. Oracle distribution partners are members of Oracle PartnerNetwork (OPN), Oracle’s global program designed to help partner companies develop, sell, and implement Oracle cloud and on-premises solutions. OPN provides technical training, marketing resources, and commercial incentives to accelerate business growth across Oracle platforms.

“Oracle is one of the world’s most recognised enterprise technology companies, and we are incredibly proud to welcome its portfolio to Ingram Micro in Australia,” said Hope McGarry, vice president and chief country executive, Australia, Ingram Micro. “We see significant opportunity across cloud, data, and AI, while also giving our partners access to Oracle’s broader technology portfolio. This expands the choices available to our partners and helps them address more of their customers’ technology priorities through a single distribution relationship, while continuing to choose the solutions and suppliers that best meet their customers’ needs. Our role is to make Oracle’s capabilities easier to access, adopt, and scale across the Australian channel.”

The Oracle Cloud Distribution Program will help Ingram Micro partners expand OCI offerings to small and midsize businesses, support innovation, and meet growing demand for enterprise cloud services. In addition, Ingram Micro partners will also be able to access Oracle’s broader portfolio of database, data management, and enterprise technologies through Ingram Micro. Ingram Micro plans to support the collaboration with dedicated sales and technical resources, partner recruitment, enablement, demand generation activities, and go-to-market investment to help partners build sustainable Oracle practices across the channel ecosystem in Australia. To help partners discover, manage, and develop Oracle opportunities across the customer lifecycle, Ingram Micro will use its AI-powered Xvantage™ platform.

“Organisations in Australia are increasingly looking to cloud infrastructure and AI services to help modernise critical workloads and support innovation,” said Stephen Bovis, regional managing director, Australia and New Zealand, Oracle. “By working with Ingram Micro, we are extending access to OCI through one of Australia’s largest technology partner ecosystems. Together, Oracle and Ingram Micro intend to make Oracle’s cloud and AI capabilities more accessible through the Australian partner ecosystem while providing enablement and support to help them build long-term cloud practices.”

“Cloud and AI are central to this relationship, but the opportunity is much broader,” said Kaaren Lewis, director, Advanced Solutions, Cloud, Cybersecurity & AI, Ingram Micro. “Oracle offers capabilities across cloud infrastructure, AI, data, databases, applications, and enterprise technology. Together with Oracle’s multicloud approach, this gives our partners access to the world’s leading cloud platforms, while also opening new opportunities across the broader Oracle portfolio. We will combine that technology with Ingram Micro’s specialist expertise, enablement, and go-to-market support to help partners build capabilities and create new customer opportunities.”

About Ingram Micro
Ingram Micro is a leading technology company in the global information technology ecosystem. With the ability to reach nearly 90% of the global population, we play a vital role in the worldwide IT sales channel, bringing products and services from technology manufacturers and cloud providers to a highly diversified base of business-to-business technology experts. Through Ingram Micro Xvantage™, our AI-powered digital platform, we offer what we believe to be the industry’s first comprehensive business-to-consumer-like experience, integrating hardware and cloud subscriptions, personalised recommendations, instant pricing, order tracking, and billing automation. We also provide various technology services, including financing, specialised marketing, lifecycle management, and technical pre and post-sales professional support.

Learn more at https://au.ingrammicro.com/

About Oracle’s Partner Program
Oracle’s partner program helps Oracle and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit https://www.oracle.com/partner/.

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Disclaimer:
All information contained above is provided in good faith and has been derived from sources believed to be accurate. To the extent that any information contained is sourced from or contains links to any third-party data or websites, Ingram Micro Pty Ltd makes no representation that the information is accurate or complete. 

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SOURCE Oracle

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