Park Place Technologies Market Research Report

Company Overview

Name

Park Place Technologies

Mission of the Company

As a global leader, Park Place Technologies aims to be a single-source partner for global IT infrastructure lifecycle management, optimizing data centers and networking performance.

Founded

Year: 1991

Founder: No information is available

Key People

Chris Adams: President & Chief Executive Officer

Andrew Gehrlein: Chief Financial Officer and Chief Administrative Officer

David Cramer: President, Solutions Delivery

John Stock: Senior Vice President, Global Sales & Marketing

Stella May: Chief Customer Experience Officer

Headquarters

Cleveland, Ohio, USA

Number of Employees

2,200+ employees

Revenue

No information is available

Known For

Park Place Technologies is known for:

Optimizing data center and networking performance.

Providing third-party maintenance (TPM) for data center hardware.

Its First-Time Fix™ Guarantee and comprehensive hardware maintenance solutions.

Products and Services

Products

Park Place Technologies offers a range of products aimed at efficient IT infrastructure management:

Data Center Hardware Maintenance: Multi-vendor support for storage, server, and networking hardware.

Network Monitoring Software: Tools for efficient network visualization and management.

New and Preowned Hardware: Offers both new and preowned networking, server, and storage equipment.

High-Level Product Descriptions

Data Center Hardware Maintenance: Provides TPM services, ensuring the longevity and efficient management of storage, server, and networking hardware components.

Network Monitoring Software: Solutions like Entuity Software™ for comprehensive enterprise network monitoring.

Hardware Products: Availability of network, server, and storage hardware with professional services.

Key Features

ParkView Hardware Monitoring™: Automated monitoring, proactive incident detection, and resolution.

First-Time Fix™ Guarantee: Assurance of fixing hardware issues on the first visit; if not, customers get a month of free maintenance.

Recent Developments

Acquisitions

January 2024: Acquired NorthSmart TPM services.

March 2024: Acquired SDV Solutions, improving service capabilities for Federal Government agencies.

April 2024: Acquired Unitech TPM services, expanding presence in Brazil.

New Product Launches

Liquid Cooling Solutions: As of September 2024, introduced immersion and contact liquid cooling solutions in the UK, enhancing data center cooling technology offerings.

New Features

Entuity Software v21.0: Added IP Address Management Functionality in May 2023, enhancing network monitoring capabilities.

Partnerships and Recognitions

May 2024: Park Place Technologies earned two 2024 Gold Medals by the Global Merit Marketing & Communications Awards.

CRN Recognitions: Consistently listed in the CRN Partner Program Guide (2020-2024) and MSP 500 List in the Elite 150 Category (2018-2024).

Awards

Inc. 5000: Featured on Inc. 5000 List for 12 consecutive years until 2024.

NorthCoast 99: Recognized as a Best Workplace for 15 consecutive years until 2024.

Park Place Technologies remains committed to innovation in IT infrastructure management, focusing on maximizing uptime, optimizing budgets, and boosting team productivity, while maintaining a strong global presence with service reach in over 190 countries.