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LogMeIn Named One of World's Top Cloud Service Providers

LogMeIn, Inc. Logo

BOSTON, Aug. 2, 2013 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (Nasdaq:LOGM) has been named a Top 100 Cloud Services Provider by Talkin' Cloud and ranked as the top cloud service provider in Massachusetts. The annual list—also known as the Talkin' Cloud 100—tracks the world's top 100 cloud services providers, cloud aggregators, cloud brokers, cloud integrators, VARs and MSPs focused on cloud computing and cloud services. Ranked in the top 20 percent at #17, LogMeIn was recognized for the development of a new channel program focused on cloud services, as well as the company's recent expansion into new markets, including cloud file sync and sharing (via Cubby), online meeting and screen sharing (via join.me), and cloud app management (via AppGuru).

The Talkin' Cloud 100 report is based on data from Talkin' Cloud's online survey, conducted January through May 2013. The report recognizes top cloud service providers based on such metrics as annual cloud services revenue growth in actual dollars and in percentage growth rates. In total, the Top 100 CSPs generated more than $15.7 billion in combined cloud services revenues in 2012, up nearly 37 percent, according to the report.

Inclusion in the Talkin' Cloud 100 comes on the heels of the launch of LogMeIn Elevate, LogMeIn's new channel program designed to help managed service providers (MSPs), value-added resellers (VARs) and other outsourced IT service providers capitalize on the growing shift to cloud-based apps and employee-introduced technology. It also gives channel partners new tools and methods for managing users across devices that blur work and personal lines, as well as across cloud-based apps and related data that span this myriad of devices. As a result, channel partners can better address the management realities of today's cloud-centric workplace, build stronger relationships with their clients, expand their portfolio, boost margins, and create new revenue streams.

Eight Massachusetts companies made the distinguished list, including three in Boston. Among them, LogMeIn (#17) and Carbonite (#20) represented Massachusetts in the top 20.

The Rankings:

The top 20 providers, as ranked by Talkin' Cloud, include:

1) Salesforce.com (San Francisco, CA)
2) Amazon (Seattle, WA)
3) Microsoft (Redmond, WA)
4) Oracle (Redwood City, CA)
5) Google (Mountain View, CA)
6) SAP (Waldorf, Germany)
7) SoftLayer (IBM)(Dallas, TX)
8) Terremark (Verizon)(Miami, FL)
9) Rackspace (San Antonio, TX)
10) NetSuite (San Mateo, CA)
11) Workday (Pleasanton, CA)
12) Dropbox (San Francisco, CA)
13) Savvis (CenturyLink)(Town & Country, MO)
14) Joyent (San Francisco, CA)
15) Navisite (Time Warner)(New York, NY)
16) Citrix Systems (Fort Lauderdale, FL)
17) LogMeIn (Boston, MA)
18) Zoho (Pleasanton, CA)
19) Dimension Data (Johannesburg, South Africa)
20) Carbonite (Boston, MA)

The full list is available at: http://talkincloud.com/tc100.

"We are honored to be named a top 100 Cloud Service Provider, and as one of Boston's biggest cloud software companies, we're thrilled to represent the city and region on a list of the "Who's Who" of cloud services software," said Michael Ewing, LogMeIn's CMO. "We believe the IT services market, as well as innovation centers like Boston, are poised to benefit from the transformative nature of the cloud. And we see a strong relationship with both communities as a key competitive advantage for LogMeIn's continued growth and success."

"Nine Lives Media and Talkin' Cloud congratulate LogMeIn," said Amy Katz, president of Nine Lives Media, a division of Penton. "The Talkin' Cloud 100 honor arrives amid a land grab in the cloud computing market. And the Talkin' Cloud 100 companies are leading that land grab."

Talkin' Cloud, produced by Nine Lives Media, is the go-to resource for CSPs, VARs and MSPs profiting from cloud computing. Talkin' Cloud features a daily blog, research, Channel Expert Hour Webcasts and FastChat videos. It is the first online media destination for channel partners working in the cloud.

About LogMeIn, Inc.

LogMeIn (Nasdaq:LOGM) transforms the way people work and live through secure connections to the computers, devices, data, and people that make up their digital world. The company's cloud services free millions of people to work from anywhere, empower IT professionals to securely embrace the modern cloud-centric workplace, give companies new ways to reach and support today's connected customer, and help businesses bring the next generation of connected products to market.

LogMeIn is headquartered in Boston's Innovation District with offices in Australia, Hungary, India, Ireland, the Netherlands, and the UK.

About Nine Lives Media

Nine Lives Media, a division of Penton (www.penton.com), defines emerging IT markets and disrupts established IT markets. The company's IT channel-centric online communities include MSPmentor (www.MSPmentor.net), The VAR Guy (www.TheVARguy.com) and Talkin' Cloud (www.TalkinCloud.com).

About Penton

For millions of business owners and decision-makers, Penton makes the difference every day. We engage our professional users by providing actionable ideas and insights, data and workflow tools, community and networking, both in person and virtually, all with deep relevance to their specific industries. We then activate this engagement by connecting users with tens of thousands of targeted providers of products and services to help drive business growth. Learn more about our company at www.penton.com.

Penton is a privately held company owned by MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP.

CONTACT: Craig VerColen LogMeIn +1-781-897-0696 press@logmein.com

Source:LogMeIn, Inc.