Park Place Technologies Achieves Remarkable 11th Consecutive Year on the 2023 Inc. 5000 List of Fastest-Growing Private Companies
August 15, 2023
CLEVELAND, August 15, 2023 – Inc. revealed today that Park Place Technologies, the leading global data center and networking optimization firm, ranks No. 3622 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. This honor marks the 11th consecutive year in which Park Place has featured on the Inc. 5000 list; and with a three-year revenue growth of 135%, Park Place sits even higher at number 274 among America’s fastest-growing private companies within the IT Services industry.
The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
“It is a tremendous honor for Park Place Technologies to once again be recognized on the Inc. 5000 list for the 11th consecutive year,” shares Chris Adams, President and CEO at Park Place Technologies. “This achievement speaks to the collective efforts of our global team, who continuously strive to redefine industry standards and deliver exceptional solutions to our customers. We take immense pride in our consistent growth, and this recognition reaffirms our position as a leader in the industry.”
Park Place Technologies’ consistent growth and success can be attributed to its robust portfolio of services and products that cater to the evolving needs of businesses worldwide. From hardware maintenance and professional services to managed services and network monitoring software, Park Place Technologies offers comprehensive solutions that empower its clients to optimize equipment uptime and performance throughout the entirety of the IT infrastructure lifecycle.
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
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 ParkPlaceTechnologies.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