SAN RAFAEL, Calif., April 16, 2015 /PRNewswire/ -- Netswitch Technology Management, Inc. was just ranked 4th on Penton Technology's eighth-annual MSPmentor 501 Global Edition, of the fastest growing Managed Services companies in the world. The MSPmentor 501 Global Edition is a distinguished list and report identifying the world's top 501 managed service providers (MSPs).
"We are delighted to be ranked so high," said Stanley Li, CEO, Netswitch. "Our recent market success in cybersecurity solutions with our MADROC Integrated Security Platform is responsible for this growth. We will continue to strive to help companies of all sizes cope with growing cyber-security attacks and an increasingly dangerous threat landscape which changes daily. Our objective is to provide our customers with peace of mind and the confidence that their information assets are protected from internal and external threats night and day."
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 Netswitch and look forward to covering their growth strategies in the year ahead," said 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 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.
Netswitch is a global provider of Cybersecurity Services to businesses of all kinds whose model for success relies upon secure and operational computer systems.
Netswitch provides these services throughout the US and Asia with offices in San Francisco, Chicago, Thailand, Beijing, Hong Kong and Shanghai. MADROC® is in use in over 3,000 client sites around the world providing intrusion detection and prevention, monitored and managed web firewalls and gateways, mobile device management, security information and event management, advanced behavioral analytics, network mapping and performance monitoring and complete audit-ready regulatory compliance.