Penton Technology Names Converged Technology Group to MSPmentor 501 Global Edition

ISLANDIA, N.Y., March 31, 2015 /PRNewswire/ -- Converged Technology Group (www.convergedtechgroup.com), an award-winning Managed Services Partner (MSP) serving clients throughout the Northeast, announced today that it ranked No. 174 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 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 the annual survey with 10 or fewer employees.

"We are honored to have been named, once again, as one of the world's top managed service partners," says Leo E. Galletta, President and CEO, Converged Technology Group.  "Clearly, the unique brand of managed services that we've been able to provide to our clients is resonating in the marketplace. As businesses look for ways to differentiate themselves, they are relying more heavily on technology solutions to give them that competitive edge. As a result, CIOs are taking stock of the skills they have in house and determining how to focus those skillsets on business-critical functions, turning to outside managed service providers to augment their team.  With 24x7x365 remote monitoring and alerting, SLA-based incident response, unlimited IT help desk support and complete vendor management, the kind of managed services Converged Technology Group provides has proven an efficient and cost-effective way for corporate IT pros to expand their teams while devoting time they never had before to more strategic initiatives that can take the business to the next level."

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

In addition to its ranking on the global list, Converged Technology Group was also listed as No. 135 on MSPmentor's North American list.

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

This year, the top MSPmentor 501 companies recorded higher recurring revenues than ever before. Combined, the total annual recurring revenues for all MSPmentor 501 2015 companies reached a record high of $3.95 billion in 2014, up 26.5 percent 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," says 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 No. 1 online media destination for managed service providers in the world.

More Information:

• Find out how managed services like Converged Technology Group's Assist360 can support IT infrastructure while lowering total cost of ownership: http://ow.ly/urpZz.
• Download a managed services eBook, "The Five Hidden Costs of IT Uptime": http://bit.ly/1h7NecD.
• Explore Converged Technology Group's network infrastructure, unified communications, virtualized data center and cloud solutions here: http://ow.ly/ueutR.

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.

About Converged Technology Group
Converged Technology Group is an award-winning Managed Services Partner (MSP) focused on improving IT performance and business outcomes while lowering the cost of technology support for businesses in healthcare, financial services, education, retail, legal and other cutting-edge industries. Located in Islandia, NY, and New York City, Converged Technology Group provides network infrastructure, unified communications, virtualized data center, cloud solutions and managed services to multinational enterprises. The company provides business-critical uptime all the time, and helps clients design, implement and operate their IT infrastructure, communication and computing systems for the greatest return on their IT investments. For more information on Converged Technology Group, please contact us at 631-468-5728 or [email protected], and visit our website at www.convergedtechgroup.com.

Media Contacts:

Anthony Malley
Director Business Development & Marketing
Converged Technology Group
631-468-5728
[email protected]

Lisa Hazen
Account Manager
Communication Strategy Group
631-239-6335
[email protected]

Jessica Davis
Editor in Chief
MSPmentor.net
[email protected]

SOURCE Converged Technology Group