Annual MSP 501 Identifies Best-in-Class Global MSP Businesses and Leading Trends in Managed Services
Cedar Rapids, Iowa- September 1, 2020 - Involta, an industry-leading hybrid IT, cloud computing and data center services company, has been named as one of the world’s premier managed service providers on the prestigious 2020 annual Channel Futures MSP 501 rankings. The 2020 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.
For the 13th year running, MSPs from around the globe completed an exhaustive survey and application this spring to self-report product offerings, annual total and recurring revenues, profits, revenue mix, growth opportunities and company and customer demographic information. Applicants are ranked on a unique methodology that weights revenue figures according to long-term health and viability; commitment to recurring revenue; and operational efficiency.
“Involta has yet again earned the designation as one of the most elite managed service providers,” said Bruce Lehrman, CEO, Involta. “I’m proud of the accomplishment of our company and team. It clearly reflects our ability to deliver on our brand promise of Superior Infrastructure and Services, Operational Excellence and People Who Deliver.”
In the 13 years since its inception, the MSP 501 has evolved from a competitive ranking list into a vibrant group of service providers, vendors, distributors, consultants and industry analysts working together to define the growing managed service opportunity.
“For the third year running, the applicant pool for the annual MSP 501 has grown year-over-year, making this year’s list the most competitive in the survey’s history,” says Kris Blackmon, Senior Content Director at Channel Partners and Channel Futures. “The MSP 501 leveraged judgement methodology brand-new in 2020 to drill down into not just what makes a big managed service provider, but what makes a great managed service provider. The 2020 winners are truly the best examples of innovation, business acumen and strategic savvy on the planet.”
The complete 2020 MSP 501 list is available at Channel Futures.