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Penton Technology Names Stratosphere Networks to the MSPmentor 501 Global Edition for the Fourth Year

8th Annual Report Identifies World's Top 501 Managed Service Providers (MSPs)

MSP Mentor 2015

March 26, 2015: Stratosphere Networks has appeared on Penton Technology's eighth-annual MSPmentor 501 Global Edition, a distinguished list and report identifying the world's top 501 managed service providers (MSPs). The complete 501 list is currently available on the MSPmentor. Additional lists include:

  • The top ranked MSPs in North America.
  • The top MSPs in Europe, Middle East and Africa.
  • The top MSPs in Asia, Australia and New Zealand.
  • The top Small Business MSP list comprised of the top companies in our annual survey with 10 or fewer employees.

"We're very proud to receive the MSPmentor 501 award for the fourth year in a row," Kevin Rubin, President and COO of Stratosphere Networks, said. "To be able to call ourselves one of the top managed services providers in the world is a huge accomplishment for us. We work hard at Stratosphere Networks to provide the very best services in our industry and we plan on continuing our success for years to come."

Each year, MSPmentor gathers information for its annual rankings through the participation of managed service providers and IT service providers in our annual survey. The survey was conducted from December 2014 through January 2015. Rankings are based Penton Technology's unique criteria for MSPs such as annual recurring revenues, total revenues and more.

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

This year the top MSPmentor 501 companies recorded higher recurring revenues than ever before. Combined, the total annual recurring revenues for all of MSPmentor 501 2015 companies reached a record high of $3.95 billion in 2014, 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."

MSPmentor, produced by Penton Technology, is the ultimate guide to managed services. MSPmentor features the industry's top-ranked blog, research, Channel Expert Hour Webcasts and FastChat videos. It is the number one online media destination for managed service providers in the world.

About Stratosphere Networks

Stratosphere Networks is a Chicago-based multifaceted IT managed service provider focused on delivering comprehensive technology services and solutions to meet and exceed the always-changing, diverse business needs. Since 2003, Stratosphere Networks has grown exponentially and continues to provide the best in-class and cost effective solutions to businesses of all industries. Visit www.stratospherenetworks.com for more information.

About Penton

Penton drives performance for more than 16 million professionals each and every day. They rely on us 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 www.penton.com.

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