Park Place Technologies Ranked #10 Best Employer in Ohio by Crain’s Cleveland Business

Cleveland, Ohio, August 19, 2024 – Crain’s Cleveland Business announced today that Park Place Technologies, the leading global data center and networking optimization firm, has been named one of Crain’s 2024 Best Employers in Ohio within the Large Employers category (250 or more U.S. employees). With a ranking of #10, this is the company’s first time being featured on the Best Employers in Ohio list.

Created by Best Companies Group in partnership with Crain’s Cleveland Business, the annual statewide list is designed to identify, recognize, and honor the best places of employment in Ohio and their contributions to the state’s economy, workforce, and businesses. To be considered, applicants’ workplace policies, employee benefits and employee engagement are evaluated across eight core focus areas. In 2024, only 45 companies were named winners of this prestigious award.

Park Place Technologies was founded in 1991 in Cleveland, Ohio. Since then, it has expanded its presence nationally with offices in Atlanta, Boston, Charlotte, Denver, Houston, and Louisville, and internationally with several locations across EMEA, APAC, and LATAM. Park Place currently employs a total of 1,411 U.S. employees, 620 of which are based in Ohio. Notable benefits at Park Place Technologies include 100% employer-paid medical, dental, and vision insurance for all employees and eligible dependents, a flexible PTO plan for exempt employees, and a $100 monthly contribution toward student loans for sales staff. The organization also offers a robust learning and development program consisting of formalized leadership development training, career pathing, and a tuition reimbursement program. Additionally, Park Place is committed to giving back to its local Cleveland community through charitable matches, donation drives, and initiatives such as the employer-sponsored Velasano team and the VET Business Resource Group.

In partnership with Workforce Research Group, thousands of employees and their employers were surveyed on the working conditions, benefits, and corporate culture that make a company a great place to work. Winners were determined by the results of Workforce Research Group’s weighted surveys. To be considered for participation, companies had to:

• Be a publicly or privately held business, either for-profit or nonprofit.
• Have a physical operation in Ohio.
• Have a minimum of 15 full-time or part-time employees.

Determining the Best Employers in Ohio involved a two-step process. The first consisted of evaluating each company’s workplace policies, practices and demographics. This part of the process was worth approximately 20% of the total evaluation. The second consisted of employee surveys to assess their experiences and attitudes. This part was worth approximately 80% of the total evaluation. Workforce Research Group managed the survey process and analyzed the data, using its expertise to determine the final ranking.

“Receiving the #10 Best Employer in Ohio ranking by Crain’s Cleveland Business is a tremendous honor for Park Place,” shared Chris Adams, President & CEO at Park Place Technologies. “This recognition highlights the incredible efforts of our team in creating a workplace that prioritizes employee well-being, professional growth, and community involvement. Our first appearance on this esteemed list is a testament to our ongoing commitment to excellence and innovation in our workplace. We look forward to continuing to build on this success as an employer of choice in Ohio.”

The full Best Employers in Ohio list was announced at an event on Aug. 15. The ranking of the 45 top employers debuted online following the event and will appear in the Aug. 19 print issue of Crain’s Cleveland Business. For the complete list of winners and rankings, see CrainsCleveland.com/BestEmployers.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. We help more than 21,500 clients optimize data center budgets, productivity, performance, and sustainability so they can think bigger – and act faster. From procurement to decommissioning, our comprehensive portfolio of services and products helps IT teams optimize IT lifecycle management. This frees time and spend so they can focus on transforming their businesses for the future.

Park Place’s industry-leading and award-winning services portfolio includes Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity Software ™ and Curvature Hardware sales. For more information, visit oj47.bongobaystudios.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

Park Place Technologies Media Contact

Michael Miller | Director of Global Communications

Main 877-778-8707 | Direct 440-991-5509