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Park Place Technologies CEO: 5 Red-Hot Growth Investments In 2020

‘Everyone thinks M&A is so sexy, but if you think about it that way and you’re in a position like mine, you’re going to be unemployed. It’s not about buying a company, it’s about integrating them effectively,’ says Park Place Technologies CEO Chris Adams.

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5 Key Investments For Park Place Technologies

Fast-growing solution provider powerhouse Park Place Technologies is investing on several fronts in 2020 to drive sales to the next level with a focus on services, data scientists and creating a new position to elevate its culture globally.

“Our strategy this year is to expand on everything that is working and where we know the market is heading,” said Park Place Technologies CEO Chris Adams in an interview with CRN. “There are significant opportunities in 2020 for us to grow our software components and for us to capitalize on a lot of our managed services.”

The Cleveland Ohio-based company is a CRN 2019 Triple Crown award winner and ranks No. 104 on CRN’s 2019 Solution Provider 500 list. Park Place grew revenue by over 100 percent from 2017 to 2018.

Since 2016, Park Place has acquired a total of thirteen companies or strategic business units including its recent acquisition of network monitoring software specialists Entuity. The company has historically been a data center maintenance star but has expanded into monitoring with its sights set on better leveraging data.

Adams breaks down five key investment areas for Park Place this year that will drive growth.

 
 
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