Penton Technology Names ProviDyn to the MSPmentor 501 Global Edition

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8th Annual Report Identifies World’s Top 501 Managed Service Providers

"Being named to this global list is a great honor and a validation of our efforts to expand our footprint by placing emphasis on quality solutions and customer service excellence," said ProviDyn President and CEO Hamish Davidson.

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 top 501 managed service providers (MSPs). The honor was announced in Penton Technology’s eighth-annual MSPmentor 501 Global Edition, which is currently available on the MSPmentor site.

"Being named to this global list is a great honor and a validation of our efforts to expand our footprint by placing emphasis on quality solutions and customer service excellence," said ProviDyn President and CEO Hamish Davidson. “To that end we’re committed to continuing our ongoing investment in the best people, processes, standards and technology. We are also very grateful for our dedicated employees and our loyal clients who have the operational maturity to embrace what we do for them.”

MSPmentor, produced by Penton Technology, is the world’s number one online media destination for MSPs. Each year, MSPmentor gathers information for its annual rankings through the participation of MSPs and IT service providers in its annual survey. The survey was conducted from December 2014 through January 2015. Rankings are based Penton Technology’s specialized criteria for MSPs such as annual managed services revenue growth, recurring revenue percentage growth, revenue per employee, the diversity and number of customer devices managed and the types of managed services offered.

"We want to congratulate ProviDyn and look forward to covering their growth strategies in the year ahead," said Marcia Parker, Executive Director, Penton Technology Group.

This year, per Penton Technology, the top MSPmentor 501 companies recorded higher recurring revenues than ever before. The 2014 combined, annual recurring revenues for all 2015 MSPmentor 501 companies were $3.95 billion, up 26.5% year over year.

"Thank you to all the companies who participated in this year's MSPmentor 501 survey, and congratulations to the companies that ranked on our 501 list, our regional lists and our Small Business list," said Jessica Davis, Editor in Chief of MSPmentor and Executive Editor at Penton Technology. "Your participation enables us to continue to provide you with high-quality information about the most successful business models, pricing, vertical markets and other approaches to running your businesses in 2015 and beyond."

About ProviDyn
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 http://www.providyn.com.

About Penton
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 http://www.penton.com.

For more information, please contact:
Angela McMahon
Michael Mackenzie Communications
Phone: 404-543-9636
Email: angelam(at)michaelmackenzie(dot)com

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Michael Mackenzie Communications
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