Evanston, IL, May 23, 2016: Stratosphere Networks ranks among the world's most progressive 501 Managed Service Providers (MSPs), according to Penton Technology's 9th-annual MSP 501 list and study. The top MSP 501 companies ranked this year include organizations from around the world and from diverse technology and business backgrounds. Stratosphere ranked 116th on the MSP 501 list this year, up from 140th last year.
The complete 2016 MSP 501 list is available at MSPmentor. In addition to honoring Stratosphere Networks, this year's MSP 501 list and study showcases the following:
- 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 MSPs' list, comprised of organizations with 10 or fewer employees
- The top vertical markets pursued by MSP 501 companies
- The leading tools they leverage to run their businesses
- And the top technologies they provide to customers
"We're thrilled to earn recognition as one of the world's top 501 managed service providers for the fifth year in a row," said Steve Melchiorre, CEO of Stratosphere Networks. "We work very hard to deliver high-quality IT managed services to our clients, and we aim to continue our growth and success going forward."
Stratosphere Networks - which offers Chicago IT support in addition to IT managed services for businesses nationwide - focuses on delivering comprehensive technology services and solutions to meet the needs of organizations across all industries. The company's fully staffed Network Operations Center provides maintenance and support services such as desktop support, proactive network monitoring, business continuity, and more.
"On behalf of Penton and MSPmentor, I would like to congratulate Stratosphere Networks for its recognition as an MSP 501 honoree," said Aldrin Brown, editor in chief of 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 cloud 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.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 in all industries. Visit www.stratospherenetworks.com for more information.About Penton's channel brands
Penton's channel brands (www.penton.com), define emerging IT markets and disrupt established IT markets. The brands' channel-centric online communities include MSPmentor (www.MSPmentor.net), The VAR Guy (www.TheVARguy.com), Talkin' Cloud (www.TalkinCloud.com) and the WHIR (https://www.thewhir.com).About Penton
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.