ATLANTA, GA– June 7, 2016 — ProviDyn, a provider of IT support, strategy and services for small and medium-sized businesses and nonprofits, today announced it again ranks among the world’s most progressive 501 Managed Service Providers (MSPs), according to Penton Technology’s 9th-annual MSP 501 list and study. ProviDyn also has the distinction of ranking #5 on the MSPmentor Small Business Edition 2016 list. The top MSP 501 companies recognized this year amassed $9.82 billion in sales in 2015 and increased their oversight of technology devices to more than 5.6 million. The complete 2016 MSP 501 list is available at MSPmentor.
“It’s an honor to once again be named to this global list of the most innovative companies in our industry,” said ProviDyn CEO Hamish Davidson. “We are committed to investing in the best employees and newest technologies to make recommendations that align with our clients’ needs, and this recognition further validates our efforts.”
“On behalf of Penton and MSPmentor, I would like to congratulate ProviDyn for its recognition as an MSP 501 honoree,” said Aldrin Brown, Editor in Chief, MSPmentor. “The managed service provider market is evolving at a rapid pace and the companies showcased on the 2016 MSP 501 list represent the most agile, flexible and innovative organizations in the industry.”
The 2016 MSP 501 list is based on data collected by MSPmentor and its partner, Clarity Channel Advisors. Data was collected online from March through April 2016. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, growth and other factors. In addition to a ranking on the MSP 501 list, every company that participated in the study has been assigned a score reflecting its intrinsic value. The measure, known as the Total Service Provider (TSP) score, evaluates an MSP’s mix of revenue from various activities, including consulting, cloud, reselling and managed services.
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 is an innovative information services company that empowers nearly 20 million business decision makers in markets that drive more than 12 trillion dollars in purchases each year. Our products inform with rich industry insights and workflow tools; engage through dynamic events, education and networking; and advance business with powerful marketing services programs. Penton is the way smart businesses buy, sell and grow. Headquartered in New York, Penton is privately owned by MidOcean Partners and Wasserstein & Co., LP. For additional information on the company and its businesses, visit www.penton.com or follow us on Twitter @PentonNow.