Park Place Technologies Named on Inc. 5000 List for the Tenth-Consecutive Year
August 16, 2022
CLEVELAND, OH, August 16, 2022 – Park Place Technologies has received its tenth-consecutive listing on Inc. Magazine’s 50th annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Through strategic M&A efforts and strong organic growth, Park Place Technologies has expanded its global footprint to more than 174 countries, supporting more than 1 million assets, while maintaining a 98 percent customer retention rate with its 21,500 clients. Park Place ranked No. 3,237 this year with a growth rate of 165 percent (Up from No. 3,444 in 2021). Only 1 percent of companies on the Inc. 5000 are making a tenth consecutive appearance on the list.
“It is a testament to the hard work of our global team, strategic leaders, and clients, that we are included on this list for the tenth consecutive year,” Park Place Technologies President and CEO Chris Adams said. “We prioritize customer experience and innovation; as we grow, we emphasize those principles and navigate a rapidly changing field. This honor is a tangible result of our focus and commitment to our global customer base.”
Park Place Technologies services include third-party data center hardware maintenance, professional services, software and infrastructure managed services, network performance monitoring and hardware sales. Through a unique, sustainability-focused and fully integrated DMSO (Discover, Monitor, Support, Optimize) approach, Park Place customers enjoy streamlined infrastructure monitoring and management, cost efficiencies, less chaos, and faster mean-time-to-resolution – ultimately providing the freedom to think bigger.
The ten years of growth experienced by Park Place are evident in several categories.
|1 US Office||37 Global Offices (9 NA, 12 EMEA, 12 APAC, 4 LATAM)|
|960 customers in 1 country||21,500 clients in 174 countries|
|215 employees||2,200 employees|
From its 1992 origins in third-party Hardware Maintenance, a category it still leads globally, Park Place has strategically added innovative services in Professional Services™, ParkView Software and Managed Services™, Entuity Software™ and Curvature Hardware sales.
Companies on the 2022 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc.,) 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.
“For decades, Inc. has welcomed the fastest-growing private companies in America, and this year’s set of winners places the bar very high indeed,” said Inc. Editor in Chief Scott Omelianuik. “As an Inc. 5000 honoree, Park Place Technologies now shares a pedigree with Microsoft, Pandora, Patagonia, Oracle, and other notable alumni. Welcome to a very exclusive club.”