Verio Ranked Among North America’s Top 500 Technology Integrators by Everything Channels’ VARBusiness
Centennial, CO May 26, 2008 – Verio, a leading provider of business solutions online, including hosting, applications and managed services, has been recognized by Everything Channel’s VARBusiness magazine as one of North America’s top technology integrators. Verio placed number 116 in the 14th annual VARBusiness 500 ranking.
The VAR 500 list details the leading revenue producers among technology integrators and technology Solution Provider organizations in North America. The list’s ranking is based on gross worldwide revenue of hardware and software sales, as well as earnings from professional and managed information technology (IT) services.
“The indirect sales Channel for technology products and services drives two-thirds of all technology sales in the U.S., and the Solution Providers who make up the Channel are the primary influencers of business technology decision making. This is why the VAR 500 is such an important list, because these are the top Solution Providers in the industry, and we salute each of them for their stellar performance,” said Robert C. DeMarzo, senior vice president and editorial director, Everything Channel.
The 2008 VARBusiness 500 list includes 113 new companies with 10.6 percent of them in the Top 100 of the list. In addition, the starting point of the list - the revenue of company number 500 - rose to $33.4 million, up 35.2 percent, from $24.7 million in 2007. This increase reflects the strength and robust growth of the technology reseller Channel.
“The managed hosting industry has experienced remarkable growth in the past year and Verio’s rapid rise to rank 116 from last year’sVARBusiness 500 ranking of 204 is an indicator of our growing presence in this market,” said Steve Renda, vice president of sales and marketing for Verio. “Verio is proud to offer high value solutions and services that enable small and midmarket companies, including our partners and resellers, to sustain successful businesses.”
The complete listing of the VARBusiness 500 is published in the May 26, 2008 issue of the business magazine that provides strategic insight for technology integrators.
To complete the 2008 ranking of the 500 largest North American solution providers, system integrators, VARs and IT consultants, companies were asked to complete an online questionnaire to determine prequalification. In February 2008 VARBusiness conducted extensive research and analyzed the data. Independent data sourcing (e.g., SEC filings, annual reports, etc.) also was conducted. Finalists were ranked according to their fiscal year 2007 revenue, based only on their reseller-related services business.
About VARBusiness
For the past 20 years, VARBusiness‘ strategic resources have been the gateway to the commercial and public sector (or government) Solution Provider community. The VARBusiness integrated platform of media opportunities provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness offerings lead vendors and distributors to unprecedented access to the most powerful strategic Solution Providers in the market. VARBusiness has been the recipient of numerous industry awards for both editorial content and design.
Verio, viaVerio and the Verio logo are registered trademarks and/or service marks of Verio Inc. in the United States and other countries. All other names are trademarks or registered marks of their respective owners.
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