Agio Technology Rises 19 Spots to 24th on Top 100 Managed Service Providers in the World, per Nine Lives Media Inc’s Fifth Annual MSPmentor 100 Global List

New York, NY - 5 March 2012

Agio 19th of Top 200 MSPs in North America and 11th Worldwide in Recurring Revenue Dollars Added

After just two years in business, Agio Technology, a managed IT services provider to the nation’s premier hedge funds, has landed again on Nine Lives Media Inc.’s fifth annual MSPmentor 100 list, a distinguished list and research report identifying the world’s top 100 managed service providers (MSPs). A managed service provider provides delivery and management of network-based services, applications, and equipment to enterprises or other service providers.

Agio was ranked 11th in the Top 20 Most Recurring Revenue Dollars Added (net gain over 2010) worldwide and, in a first-ever list identifying North America’s top 200 MSPs, ranked 19th.

“We’re very excited to have made such a great climb up the MSPmentor 100 list – from 43rd last year to 24th this year. Our employees have worked tirelessly to raise the bar in supporting the hedge fund community. We are continuing our focus of growing our business, improving our client experience and boosting employee engagement,” says Bart McDonough, Agio’s CEO. “Our goal is to be the best. We don’t take that statement lightly.”

The MSPmentor 100 report is based on data from MSPmentor’s global online survey conducted October-December 2011. The MSPmentor 100 report recognizes top managed service providers based on a range of metrics, including annual managed services revenue growth, revenue per employee, managed services offered and customer devices managed.

“MSPs on this year’s global 100 list lifted their annual recurring revenues 28 percent to $1.04 billion, an incredible showing considering the economic uncertainty all IT services providers faced,” said Joe Panettieri, editorial director of Nine Lives Media. “Those MSPs are now managing 2.7 million desktop and mobile devices for customers, an incredible jump of 50 percent from 2010.”

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development