
Performance Technology
Software services provider in strategic planning for systems, performance assessments and capacity planning.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
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Performance Technology Group (PTG), established in 1996, operated as a specialized provider of IT consulting and data center services. The company was acquired by World Wide Technology (WWT), a major systems integrator, on January 15, 2010, in a move to enhance WWT's service portfolio and market presence in the Mid-Atlantic region. At the time of the acquisition, the company was led by President and CEO Peter Chakales.
PTG's business model was centered on delivering high-reliability systems engineering and managed IT services. The firm catered to a diverse client base that included federal, state, and commercial entities primarily located in the Mid-Atlantic area of the United States. Revenue streams were likely generated from strategic IT consulting, project implementation, and recurring revenue from managed services.
The company's core service offerings included strategic IT consulting, virtualization planning and implementation, and technology disaster recovery solutions. A central component of its infrastructure was a SAS 70 Type II certified data center, which housed a network operations center staffed 24/7. This facility enabled PTG to provide a suite of services such as colocation, comprehensive network monitoring, and fully managed hosting for both on-premise and remote client environments.
Keywords: IT consulting, managed services, systems engineering, data center services, federal government contractor, state government IT, commercial IT services, network operations center, colocation, virtualization planning, disaster recovery, IT infrastructure, Mid-Atlantic IT, SAS 70, World Wide Technology acquisition, Peter Chakales, enterprise IT solutions, managed hosting, network monitoring, IT security