Annual MSP 501 Identifies Best-in-Class Global MSP Businesses & Leading Trends in Managed Services
AUGUST 4, 2020: Micro Doctor IT has been named as one of the world’s premier managed service providers on the prestigious 2020 annual Channel Futures MSP 501 rankings.
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.
Channel Futures is pleased to name Micro Doctor IT to the 2020 MSP 501.
“Our suite of IT products is unique to us. We have a layered security stack that has never been defeated and is priced so small and medium businesses can afford it,” said Mark Richmond, Founder & Co-owner, Micro Doctor IT. “Years of training, attending industry trade shows, and IT Peer Groups puts us ahead of the competition in most cases.”
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 judgment 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. We extend our heartfelt congratulations to the 2020 winners and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of both the 501 and the thriving managed services sector.”
Ten MSP 501 special award winners will be recognized at the MSP 501 Awards Gala at Channel Partners Virtual: Digital Events for the Modern Channel on September 8 – 10. Nominations for these special awards, including Digital Innovator of the Year, Executive of the Year and the Newcomer Award, were included in the MSP 501 application, and all candidates were encouraged to submit for them.
The data collected by the annual MSP 501 program drives Channel Partners’s and Channel Futures’ market intelligence insights, creating robust data sets and data-based trend reports that support our editorial coverage, event programming, community and networking strategies, and educational offerings. It serves as a lynchpin to dozens of programs and initiatives.
The complete 2020 MSP 501 list is available at Channel Futures.
Background
The 2020 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected online from Mar. 1 through June 30, 2018. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin, and other factors.
About Micro Doctor IT
Mark Richmond is the Founder and Co-owner at Micro Doctor IT, a top 500 rated Managed Service Firm in the Country, which was founded in 1989. Micro Doctor IT becomes your company’s outsourced IT department providing managed IT solutions, vCIO consulting, project management, remote worker packages, VoIP phone systems, business continuity and disaster recovery, and cybersecurity. To contact Mark Richmond about outsourcing IT or changing your IT provider, contact him at mark@microdoctor.com or 330-898-2100.
About Informa Tech
Channel Futures, Channel Partners Online, Channel Partners Conference & Expo and Channel Partners Evolution are part of Informa Tech, a market-leading B2B information provider with depth and specialization in the Information and Communications (ICT) Technology sector. We help drive the future by inspiring the Technology community to design, build, and run a better digital world through our market-leading research, media, training, and event brands. Every year, we welcome 7,400+ subscribers to our research, more than 3.8 million unique visitors a month to our digital communities, 18,200+ students to our training programs, and 225,000 delegates to our events.
MEDIA CONTACT:
Allison Francis
Editor, Channel Futures & Channel Partners
Editor, MSP 501
Allison.Francis@informa.com
Megan Augustine
Marketing Manager, Micro Doctor IT
megan@microdoctor.com
Suggested Social Media Accounts and Hashtags to Leverage
- Facebook: @ChannelFuturesMSP501 | @MicroDoctorIT
- Twitter: @MSP_501 | @MicroDoctorIT
- LinkedIn: MSP 501 Group | Micro Doctor IT
- Instagram: @MSP_501 | @MicroDoctorIT
- #MSP501
- #501er
