Park Place Technologies Named to Inc. 5000 List for the Eighth-Consecutive Year

August 12, 2020


Factors include client base, headcount, innovations, M&A, organic growth.

 

Park Place Technologies has received its eighth-consecutive listing on Inc. Magazine’s 39th annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. In hyper-growth mode through strategic M&A efforts and strong organic sales, Park Place Technologies has expanded its global footprint to more than 150 countries, supporting 58,000 unique data centers, while maintaining a 98 percent customer retention rate with its 17,000 clients. Park Place ranked No. 2404 this year. Park Place was ranked No. 2,615 in 2019, and 3,173 in 2018. Fewer than 1 percent of companies on the Inc. 5000 have made eight appearances on the list in its 39 years.

“Park Place Technologies does not take for granted the honor of being included on the Inc. 5000,” Park Place Technologies President and CEO Chris Adams said. “We continue to grow strategically, to best serve our clients, lead the industry in innovation and make Park Place a destination employer.”

Park Place Technologies, founded in 1991, simplifies the management of complex technology environments for more than 17,000 customers worldwide. We provide exceptional global service for data center storage, server and network hardware for all tier one OEM equipment. Our worldwide network of more than 400,000 parts stored regionally, locally and on-site allows for fast parts distribution and service to drive Uptime.

Park Place responded to customer input and created a new technology service category – Discover, Monitor, Support, Optimize (DMSO) – a fully integrated approach to managing critical infrastructure. Our industry-leading and award-winning services include ParkView™ Infrastructure Managed ServicesEntuity network management software, and our Enterprise Operations Center.

Companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 14) have been very competitive within their markets. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.