ST. LOUIS, MO, June 03, 2016 /24-7PressRelease/ -- ThrottleNet, an IT firm based in St. Louis, MO, once 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. The top MSP 501 companies ranked this year include organizations from around the world and from diverse technology and business backgrounds.
Collectively, the companies amassed $9.82 billion in sales in 2015. For comparison, that's roughly as much money as the Marvel Cinematic Universe (MCU) grossed from 13 films spanning nine years. The firms also increased their oversight of technology devices to more than 5.6 million.
This is the second consecutive year ThrottleNet has made the MSP 501 ranking. It improved its ranking to #237 in 2016, moving up 136 spots from the 2015 survey. The complete 2016 MSP 501 list is available at MSPmentor.
"The MSP 501ranking is representative of the world best in IT and managed services. To be included is very special," said George Rosenthal, President of ThrottleNet. "Our strong showing is a testament to the commitment of our staff and management. ThrottleNet is proud to be included on the list of the top managed services providers in the world and we look forward to continuing our solid growth and performing above and beyond expectations."
"On behalf of Penton and MSPmentor, I would like to congratulate ThrottleNet 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.
About ThrottleNet Inc.
ThrottleNet, Inc. was founded in 1999. ThrottleNet has won multiple awards, received recognition as a Top 20 IT Firm by Small Business Monthly, and named one of the Largest Information Technology Consulting Firms by the St. Louis Business Journal, among other accolades. ThrottleNet Inc. offers an array of technology services and products to help business owners achieve their corporate goals and accelerate business growth. These include cloud computing, custom software and mobile application development, and outsourced Managed Network Services which helps companies improve their technology uptime and IT capabilities while, at the same time, reduces costs. To learn how to accelerate your IT visit ThrottleNet online at http://www.throttlenet.com.
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 (http://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 http://www.penton.com or follow us on Twitter @PentonNow.
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