Business

Africa next?

Park Place Technologies is a great example of a company that has been steadily making acquisitions and successfully integrating them, in line with strategic ambitions. It has a unique offering and plays in the datacentre space. While it doesn’t yet have a presence in South Africa, it is a market of interest.

05 August 2020

Formed in 1991, today, Park Place Technologies’ footprint can be found in 58 000 datacentres, belonging to more than 17 000 customers in 150+ countries. As it’s a private company, it's difficult to obtain actual numbers, but estimated annual revenues are between $150 to $200 million, with approximately 1 000 employees. It offers third-party management of datacentre equipment, servicing all tier 1 OEM equipment. Its services portfolio includes hardware maintenance, storage and server monitoring, network performance monitoring and enterprise operation centres. Datacentre operators often have a select number of preferred hardware providers, but that doesn’t seem to be an issue. The list of brands Park Place supports is virtually every company that you could want in the datacentre vendor space, which underpins its breadth of capability.

Having made 14 acquisitions in its 29-year history, it made two this year that give an indication of where the company is going and how attuned it is to its mission. One was Custom Hardware Engineering and Consulting, the other was NOC – the network operations centre business of IntelliNet. Last year, it acquired a company called Entuity, which is a network analysis software provider, and underpins its AI ambitions.

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