10th Annual MSP 501 Ranking and Study Identifies World’s Most Progressive MSPs in Information Technology
EL SEGUNDO, Calif., July 31, 2017 (GLOBE NEWSWIRE) -- PCM, Inc. (NASDAQ:PCMI), ranks second among the world’s most progressive 501 Managed Service Providers (MSPs), according to MSPmentor’s 10th annual MSP 501 Worldwide Company Rankings. The top MSP 501 companies ranked this year include organizations from around the world and from diverse technology and business backgrounds. Collectively, they amassed $14.48 billion in total revenue (based on 2016 results), up more than 15 percent from a year earlier.
The complete 2017 MSP 501 list is available at MSPmentor.net. In addition to honoring PCM, who is ranked second on this year’s MSP 501 list and study, the MSP 501 showcases the top ranked MSPs worldwide. Over the next few weeks, MSPmentor will unveil additional lists showcasing:
- 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
“PCM is pleased with this recognition and our achievement of being ranked second as a top MSP in a rapidly growing, evolving and maturing group of MSPs around the world,” said Stephen Moss, Managed Services Leader at PCM. “We are continuing to press even further in the year ahead as we drive additional value to customers through managed services across data centers, public/private clouds, field distributed and mobile technologies inclusive of IoT, sensors, and end-user technology customers worldwide.”
“On behalf of MSPmentor, I would like to congratulate PCM 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 2017 MSP 501 list represent the most agile, flexible and innovative organizations in the industry.”
The 2017 MSP 501 list is based on data collected by MSPmentor and its partner, Clarity Channel Advisors. Data was collected online from Feb. 16 through May 15, 2017. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, growth and other factors.
About PCM
PCM, Inc., through its wholly-owned subsidiaries, is a leading multi-vendor provider of technology solutions, including hardware, software and services to small, medium and enterprise businesses, state, local and federal governments and educational institutions across the United States and Canada. We generated net sales of $2.3 billion in the twelve months ended March 31, 2017. For more information, please visit investor.pcm.com or call (310) 354-5600.
About Penton Technology’s Channel Brands
Penton Technology’s channel brands define emerging IT markets and disrupt established IT markets. They are a division of Informa. The channel brands include: MSPmentor (www.MSPmentor.net), The VAR Guy (www.TheVARguy.com), Talkin’ Cloud (www.TalkinCloud.com), the WHIR (http://www.thewhir.com) and WebHostingTalk (http://webhostingtalk.com).
About Informa
Penton Technology, Think Tank, MSPmentor, The VAR Guy, Talkin’ Cloud, the WHIR, WebHostingTalk, Channel Partners Online, Channel Partners Conference & Expo and Channel Partners Evolution are part of Informa, the international business intelligence, academic publishing, knowledge and events group. Informa serves commercial, professional and academic communities, helping them connect and learn, and creating and providing access to content and intelligence that helps people and businesses work smarter and make better decisions faster. Informa has over 7,500 colleagues in more than 20 countries and a presence in all major geographies. It is listed on the London Stock Exchange and is a member of the FTSE 100.
Forward-looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include statements regarding our expectations, hopes or intentions regarding the future, including but not limited to, statements related to our ability to press further ahead in our managed service business and to drive additional value to our customers through managed services. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. Factors that could cause our actual results to differ materially include without limitation risks and uncertainties related to the following: our ability to attract and retain key employees; our ability to receive expected returns on changes in our sales and services organizations or strategic investments, including without limit, investments in advanced technology solutions and services, our call centers and our international expansion; decreased sales related to any of our segments, including but not limited to, potential decreases in sales resulting from the loss of or a reduction in purchases from significant customers; increased competition, including, but not limited to, increased pricing pressures which affect our pricing strategy in any given period; our loss of personnel to competitors; the effect of our pricing strategy on our operating results; warranties and indemnities we may be required to provide to third parties through our commercial contracts; and data security. Additional factors that could cause our actual results to differ are discussed under the heading "Risk Factors" in Item 1A, Part II of our Form 10-Q for the year ended March 31, 2017, on file with the Securities and Exchange Commission, and in our other reports filed from time to time with the SEC. All forward-looking statements in this document are made as of the date hereof, based on information available to us as of the date hereof, and we assume no obligation to update any forward-looking statements.