What Is Channel Futures?
Channel Futures unites the diverse ecosystem of companies that comprise the “new channel,” which includes managed service providers, systems integrators, born-in-the-cloud services companies, specialized service providers, consultants, Value Added Resellers (VARs) and other organizations that operate outside of the traditional information and telecommunications technology (ICT) channel.
How Were MSPs Ranked?
The MSP 501 ranking is important because it identifies the world’s most forward-thinking IT Managed Service Providers who follow the leading trends in technology, and Apex Technology Management is honored to be one of them.
The MSP 501 list recognizes top Managed Service Providers based on metrics, including recurring revenue, growth, and other factors. MSPs were ranked according to their unique methodology, which acknowledges that not all revenue streams are created equal. They weighted revenue figures according to how well the applicant’s business strategy anticipates trends in the fast-evolving channel ecosystem.
Kris Blackmon, Channel Futures & Channel Futures Senior Editor – MSP 501 tells us:
“The 2019 MSP 501 winners are the most elite, innovative and strategic IT service providers on the planet, and they stand as a model of excellence in the industry. I am thrilled to congratulate you on your placement on the 2019 MSP 501 rankings! You beat out an astounding number of applicants and can call yourself one of the top managed service providers in the world.”
“You’ve heard me say repeatedly that last year, we received the largest and most diverse number of applicants in the survey’s history. From 2018 to 2019, there was a 35% growth rate in the number of submissions to the MSP 501 for applicants competing in a wide range of verticals, offering a diverse mix of services and from every continent on the globe apart from Antarctica, where in my understanding there isn’t a huge demand for managed IT services.”