10th Annual Report Honors the World’s Top 501 Managed Service Providers
ATLANTA – July 11, 2017 – ProviDyn®, a provider of IT support, strategy and services for small and medium-sized businesses and nonprofits, today announced it has been named one of the world’s 501 best managed service providers (MSPs). ProviDyn was ranked among the Top 250 companies on this global list.
“Breaking into the Top 250 validates the hard work of our team to provide quality solutions and great customer service,” said ProviDyn CEO Hamish Davidson.
ProviDyn’s ranking was announced in Penton Technology’s 10th-annual MSPmentor 501 Global Edition, the most complete, precise and forward-looking annual ranking of the MSP market. Each year, Penton Technology gathers information for the rankings through a comprehensive survey of MSPs and IT service providers, with every participating company being assigned a score reflecting its intrinsic value. First unveiled in 2007, the MSP 501 now uses a specially designed methodology and ranking algorithm, making it the definitive benchmark by which MSP organizations can be compared.
According to Penton Technology, the companies on the 2017 MSPmentor 501 list amassed a combined $14.48 billion in total revenue for their prior year, up more than 15 percent from a year earlier. Of that figure, $4.30 billion was recurring revenue, an increase of nearly 13 percent from $3.81 billion in 2015.
In the announcement, the editors at MSPmentor reported that the publication will follow up with additional features, news stories, profiles and more over the coming weeks and months, providing greater insight into the survey’s extensive findings.
ProviDyn provides technology expertise, services and support to help small and mid-sized organizations sustain growth and strengthen performance. Backed by technology experts, ProviDyn helps organizations gain the full benefits of existing technology, make strategic investments in implementing new technology and maintain an infrastructure that is secure, reliable and flexible. ProviDyn offers managed services, mobile computing, IT strategy, virtualization, cloud computing, business continuity, network security and IP telephony. To learn more about how ProviDyn is driving business through technology and helping companies reduce costs, improve efficiency and maximize productivity, visit www.providyn.com.
Penton drives performance for more than 16 million professionals each and every day. They rely on Penton to deliver: Insights, information & workflow tools to inform critical business decisions; networking & community to engage them with industry peers & partners; and data & marketing services to advance their business performance & deliver ROI. Penton is a growth company with a track record of strong performance and success and is backed by its co-owners: MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP. For additional information on the company and its businesses, visit www.penton.com.