Magna5 | Top 20 Managed IT Services Company - 2023
Magna5: Driving Efficiencies, Reducing Costs
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CIOREVIEW >> Managed IT Services >> Magna5

Magna5 has been recognized by CIOReview Magazine as the recipient of “Top 20 Managed IT Services Companies - 2023,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Lew Smith, Director of Consulting.

Magna5
Driving Efficiencies, Reducing Costs

Magna5

In today's fast-paced world, staying ahead of the curve means more than just keeping up with the Joneses; it means harnessing the power of cutting-edge technology to drive innovation, efficiency, and growth. That’s where Magna5 cements their cornerstone.

A comprehensive suite of cutting-edge solutions enables organizations to bring their IT environment into the 21st century, reduce costs, and enhance workflow efficiency.

A provider of managed IT services, cybersecurity, and cloud hosting, Magna5 ensures a client’s technology is always functional with their 24/7/365 expert team. With a focus on managed IT and cybersecurity services, they consult with them and co-manages their IT services, leaving them free to make winning business strategies and conquer the business world.

The company has a team of skilled professionals who maintain their network operation center, security operations center, and regional support and account management teams to provide a comprehensive range of services to their clients.

“We invest significant efforts in comprehending a client’s operational processes, unique selling propositions, and overall goals. By aligning ourselves with their mission and prioritizing their success, we provide impactful services that contribute to their business objectives,” says Lew Smith, director of consulting at Magna5.

The ethos of Magna5 is grounded in the concept of partnership, a term that may seem overused but one that is truly integral to their operations. They recognize that it is essential to understand client businesses to provide them with effective services. This fosters a collaborative relationship between Magna5 and their clients, enabling them to deliver tailored solutions catering to their needs.

The robust security solutions offered by Magna5 have been developed over many years of investment in endpoint and server protection tools and processes. They are well-equipped to detect, respond to, and recover from security threats while implementing preventive measures to safeguard client systems.

Effective communication is also prioritized. Magna5 takes a consultative approach and is viewed as a trusted advisor by clients. They are assigned a consistent representative to foster stronger partnerships across all levels of their organization.

During onboarding, Magna5 engages with business leaders to learn about their unique operations, demonstrating their value for client objectives. Quarterly meetings update them on IT management and business developments that may impact their IT needs. These discussions help Magna5 adjust their IT roadmap and ensure alignment with client goals.

Strong client relationships enable Magna5 to deliver results within budget and timeline constraints. They prioritize monitoring system performance and promptly address potential issues. Their backup services include on-site/ off-site backups, co-located data center hosting, and AWS workload management, using intelligent backup management to enhance operational efficiency and minimize costs. Magna5's backup solution enables swift recovery following any IT failures.

They also serve life sciences companies in the Philadelphia region, offering digital solutions to digitize paper-based processes and provide secure access to data from any location.

Using Microsoft 365, Magna5 has improved business operations and implemented security measures like data loss prevention and single sign-on. Clients can now operate efficiently and securely in the cloud with intelligent means of transferring and accessing data provided by Magna5.
Magna5 has dedicated account management teams to establish long-term relationships with clients. The teams are led by consistent representatives who foster deeper partnerships across all levels of the client's organization. Magna5 takes a consultative approach and is considered a trusted advisor by clients. They regularly reach out to offer support and gather important information, leading to strategic discussions.

We invest significant efforts in comprehending a client’s operational processes, unique selling propositions, and overall goals. By aligning ourselves with their mission and prioritizing their success, we provide impactful services that contribute to their business objectives

One of Magna5's exemplary accomplishments is their successful collaboration with a small startup lacking the IT infrastructure and processes to support client’s business growth. They introduced basic hardware profiles and standards to the startup's environment and migrated their legacy email system to Microsoft 365. Magna5 also developed a framework to ensure seamless IT implementation and connectivity between each site as they expanded operations to multiple locations. This allowed the startup to access necessary scientific data and resources while achieving their business goals and satisfying customers.

Magna5 values the expertise of their team members and prioritizes delivering quality services. They collaborates and extends services beyond their region while ensuring consistency in processes and client satisfaction with their inhouse team.

Whether it's ensuring the continuity of critical operations or safeguarding against cyber threats, Magna5's comprehensive suite of IT services provides reliable support for organizations of all sizes, empowering them to focus on what matters most—driving their businesses forward.

Magna5

News

Magna5 Earns No. 90 Spot on the Inc. 5000 Northeast Rankings Amidst Robust Growth

Friday, March 15, 2024

Company's Strategic Focus on Cybersecurity, Cloud Services, and Managed IT Services Yields 196% Two-Year Revenue Increase

PITTSBURGH, -- Inc. magazine revealed that
Magna5, a national provider of managed IT, cybersecurity, and cloud-based services, is No. 90 on its fourth annual Inc. 5000 Regionals: Northeast list. This prestigious ranking recognizes the most successful companies within the Northeast economy's most dynamic segment — its independent small businesses.

"Magna5 is honored to be recognized not only on the national stage with the Inc. 5000 list of fastest growing private companies, but now also amongst our peers in the Northeast," said Bob Farina, CEO of Magna5. "The demand for cybersecurity, cloud services and managed IT services is growing rapidly and Magna5 continues to win new business by striving to understand our customers' needs and investing in our team, technology and service processes to provide world class solutions to our clients."

The companies on this list show a remarkable rate of growth across all industries in the Northeast region. Between 2020 and 2022, these 198 private companies had an average growth rate of 155.84 percent; by 2023, they'd also added 14,560 jobs and $15.7 billion to the region's economy. Complete results of the Inc. 5000 Regionals: Northeast, including company profiles, can be found at inc.com/northeast.

"The honorees in our Inc. 5000 network are the Who's Who of private companies. They're energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they'll be impacting things for a while," said Eric Hagerman, Special Projects Editor at Inc. Media.

Magna5 Expands National Footprint and Strengthens Managed IT Services Offerings Through the Acquisition of FullScope IT

Thursday, September 26, 2024

PITTSBURGH - Magna5, announce its acquisition of FullScope IT ("FullScope"), a managed IT services business with a strong presence in the eastern and southwestern United States. This strategic acquisition will enhance Magna5's ability to deliver comprehensive support and protection to its clients while expanding its reach across the United States.

With the acquisition of FullScope, Magna5 will significantly increase its operational density in the northeast corridor from New York to Virginia, while also establishing an important foothold in the southwestern U.S. with FullScope's Arizona operations and regional customer footprint from which to expand further. Integrating FullScope's capabilities into Magna5's portfolio will provide the ability to deliver even greater value to existing and future clients, who will benefit from a broader range of services and the robust infrastructure of a larger, more mature managed IT and cybersecurity services provider.

"Acquiring FullScope is a significant milestone for Magna5 as we continue to outpace the industry with growth and expand our national presence," said Bob Farina, CEO of Magna5. "FullScope's strong reputation, combined with their expertise in regulatory compliance, aligns perfectly with our mission to be a mission-critical partner to our clients by providing comprehensive IT and cybersecurity solutions to businesses in uptime-dependent industries. We are excited to welcome the FullScope team into the Magna5 family, working together to deliver unparalleled service to our clients, keeping their operations seamless and secure."

FullScope has made significant investments working towards Cybersecurity Maturity Model Certification (CMMC) L2 compliance, a critical requirement for supporting cybersecurity efforts within the Defense Industrial Base (DIB) and the Department of Defense (DoD). This expertise will seamlessly integrate into Magna5's security portfolio, further solidifying Magna5's commitment to delivering cybersecurity solutions to the most mission-critical industries.

Bob Priest, CEO of FullScope, expressed enthusiasm about the acquisition, stating, "We are thrilled to join forces with Magna5. Their strong reputation in the marketplace, expanding national coverage, and unwavering commitment to safeguarding customers' data and security make this combination a perfect match. Our clients will continue to receive the same high-quality service they expect but with the added benefit of a larger, more resource-rich organization. Together, we will be able to offer an even greater level of protection and support to businesses across the country."

This acquisition follows Magna5's award-winning year. The company has been recognized by national publications, including Inc. 5000 for robust growth and USA Today Top Workplace for outstanding culture, innovation, and leadership. Industry accolades include recognition by CRN for MSP 500 and Tech Elite 250, and recognition from Channel Futures for the prestigious MSP 501 ranking.

Top 20 Managed IT Services Companies - 2023

Company
Magna5

Headquarters
Pittsburgh, PA

Management
Lew Smith, Director of Consulting

Description
Magna5 is an IT service company specializing in network and server monitoring, backup and disaster recovery, cybersecurity, help desk, and SD-WAN. They combine an operations center fully managed around the clock with platforms of the highest quality from reputable suppliers. Magna5 works with companies of all sizes, both public and private, ranging from manufacturing firms and governmental institutions to mid-sized and large-scale enterprises.

Top 20 Managed IT Services Companies - 2023

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