Park Place Technologies Ranks Third on Channel Futures 2023 MSP 501
July 13, 2023
CLEVELAND, July 13, 2023 – Park Place Technologies, the leading global data center and networking optimization firm, has been named one of the world’s premier managed service providers on the prestigious 2023 Channel Futures MSP 501 list, proudly ranking #3 out of the 501 qualifying companies. This recognition marks significant movement up the list for Park Place Technologies, from the previous year’s ranking of #226 in 2022.
For the past 17 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing. The Channel Futures MSP 501 survey examines organizational performance based on annual sales, recurring revenue, profit margins, revenue mix, growth, innovation and supported technologies.
MSPs that qualify for the list must pass a rigorous review conducted by the research team and editors of Channel Futures. It ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency.
Channel Futures is pleased to name Park Place Technologies to the 2023 MSP 501.
“Park Place is excited to be recognized by Channel Futures as the #3 leading MSP, a significant jump from our #226 ranking a year ago,” shared Chad Jones, Senior Director, Partner Sales at Park Place Technologies. “The investment we’ve made in our Managed Services portfolio capitalizes on our industry-leading data center maintenance practice by further optimizing the IT support experience for our partners and their clients. We remain focused on driving innovation, exceeding client expectations, and maintaining our position as a trusted partner in the managed services industry.”
Since its inception, the MSP 501 has evolved from a competitive ranking into a vibrant group of innovators focused on high levels of customer satisfaction at small, medium and large organizations in public and private sectors. Many of their services and technology offerings focus on customer needs in the areas of cloud, security, collaboration and hybrid work forces.
“The 2023 Channel Futures MSP 501 winners persevered through challenging times to become the highest-performing and most innovative IT providers in the industry today,” said Jeff O’Heir, Channel Futures senior news editor and MSP 501 project manager. “The MSP 501 ranking doesn’t award MSPs solely on their size and revenue. It acknowledges the business acumen, best practices and trusted advice they deliver to customers every day. They deserve the honor.”
This year’s list is one of the most competitive in the survey’s history. Park Place Technologies and other winners will be recognized on the Channel Futures website and honored during a special ceremony at the Channel Futures Leadership Summit, Oct. 30-Nov. 2, in Miami, Florida.
Please visit ParkView Managed Services™ for more information about Park Place Technologies’ portfolio of managed service offerings.
Background
The 2023 MSP 501 list is based on confidential data collected and analyzed by the Channel Futures research and editorial teams. Data was collected online from February to May, 2023. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.
About Park Place Technologies
Park Place Technologies is a global data center and networking optimization firm. Powered by the world’s largest on-the-ground engineering team, a robust group of advanced engineers and our global Enterprise Operations Centers, we help more than 21,000 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster.
From procurement to decommissioning, our comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.
Park Place’s industry-leading and award-winning services portfolio includes Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity Software ™ and Curvature Hardware sales. For more information, visit drm.3588612.com.
Park Place Technologies Media Contacts
Jennifer Deutsch | Chief Marketing Officer
Main 877-778-8707 | Direct 440-991-3105
Michael Miller | Director of Global Communications
Main 877-778-8707 | Direct 440-991-5509