Computacenter (LSE: CCC) might not be a household name, but this FTSE 100 company is quietly positioning itself at the heart of the global AI revolution.
The company supplies IT equipment that is helping to fuel the growth of data centres, widely regarded as the building blocks of artificial intelligence infrastructure worldwide.
Its Technology Sourcing division accounted for over 80% of revenue in 2025, covering hardware, software, and essential networking solutions for a broad range of corporate clients.
Computacenter claims to be the world’s sixth-largest value-added reseller of IT, with 215 major customers defined as those contributing more than £1m of gross profit per year.
The company is an authorised reseller for some of the biggest names in technology, including Amazon, Microsoft, and Alphabet, the parent company of Google.
On 9 July, the group issued a trading update for the first half of 2026, stating it now expects to deliver a full-year profit before tax that is “comfortably” ahead of analysts’ expectations.
The company attributed its strong performance to “stronger than expected” volume growth with its hyperscale customers, a segment of the market with very few suppliers capable of meeting such demanding requirements.
The group also reported an order book that was “well ahead” of the £7.1bn disclosed at 31 December 2025, with further details expected to be provided in early September.
Revenue growth has been a consistent theme over recent years, rising from £5.035bn in 2021 to £9.194bn in 2025, representing a remarkable step-change in the scale of the business.
Adjusted earnings per share has broadly followed a positive trajectory, reaching 175.1p in 2025 after a dip to 159.9p in 2024, suggesting the business is returning to solid underlying profitability.
The company acknowledged that “further AI-related projects” contributed to the “excellent growth” in its Technology Sourcing business, underlining how central the AI spending boom has become to its operations.
According to the Financial Times, the Big Four hyperscalers are expected to spend $725bn on data centres in 2026, a figure that helps explain why Computacenter’s directors have upgraded their expectations for the year.
The company’s balance sheet remains a genuine strength, with just £22.5m of borrowings excluding lease liabilities, a strikingly small figure for a business with a market capitalisation of £5bn.
Adjusted net funds stood at £606m, and the company also pays a modest dividend, adding an element of income appeal alongside its growth credentials.
There are risks to consider, of course, and any meaningful slowdown in AI-related capital expenditure could leave Computacenter significantly exposed given how central hyperscale customers have become to its recent performance.
Analyst consensus currently places the share price at fair value, meaning investors would be paying broadly what the market believes the business is worth rather than securing an obvious discount.
Nevertheless, for investors seeking exposure to the AI infrastructure build-out through a cash-generative, balance-sheet-strong UK-listed business, Computacenter presents a genuinely interesting opportunity worth examining closely.