MSP 501 Application Deadline Extended, But Only a Few More Days
Here are the top 10 benefits of being on the MSP 501 list.
May 12, 2023
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As Phil Wright, CEO and owner of Accent Consulting (No. 15 on the 2022 MSP 501) noted, “Being the No. 15 globally ranked MSP allows us to further differentiate ourselves. It validates the work our team has put in to providing our clients with top-tier service. We look forward to using this distinction to continue growing our business and relationships with our clients. We also think this will offer us a competitive advantage with recruiting and attracting the best talent to maintain and improve upon our already extensive services.”
Garret Graney, CEO of IT Solutions Consulting (No. 10 on the 2022 MSP 501) said, “Firms on the MSP 501 represent the most elite MSPs in the world, and we are honored to be among them once again. This win will help us to continue to distinguish ITS as a premier provider and industry leader in the Mid-Atlantic region and beyond.”
In the opinion of Matt Wren, vice president of business development for Moser Consulting, while the MSP 501 is an exceptional way for businesses to get their name out in the industry, it’s not the most important thing.
“The bigger piece is the community around it,” he said. “There’s so much opportunity out there for everybody and the only way to do it is as a community, together.”
Juan Fernandez, global channel chief for HacWare, pointed out that, “One of the big things is to let your customers know they made the right decision. And the best way for them to know that is to know you’ve won the award.”
“Accolades are amazing,” said Chris Wiser, founder and CEO of 7 Figure MSP. “Accolades are some of the best things you can have from your industry. It gives you something that’s very newsworthy and positive.”
Wiser also noted that making the MSP 501 is a real morale booster for staff.
Bahamas-based Cloud Carib (No. 12 on the 2022 MSP 501) agreed with Wiser about how much making the MSP 501 means to the entire staff.
“Being recognized for a fourth consecutive year by Channel Futures is truly an honor for the entire Cloud Carib team,” they said. “We entered the MSP 501 list at No. 160 back in 2019. Since then, we have continued to make the commitment to growing, improving and providing even better service to our clients and those efforts have paid off. This year we made it to No. 12 on the list! Each time we advance in the ranking proves that the Caribbean region has the talent and the expertise needed to compete globally and that is something we are extremely proud of.”
Your company will be highlighted in a gallery on the Channel Futures website and in a downloadable document. In addition, you will receive a news release template, social media asset and winner’s logo to use in promoting your status as a world-class MSP.
As a member of the MSP 501, you will be eligible for thought leadership and speaking opportunities at Channel Partners events. These include panels, roundtables and educational sessions.
As a member of the 2023 MSP 501, you’ll have free VIP access to the entire Channel Futures Leadership Summit, this year at the iconic The Fontainebleau in Miami Beach, Oct. 30-Nov. 2.
A highlight of the Channel Partners Leadership Summit is the MSP 501 Awards Gala. Members of the 2023 MSP 501 will be able to enjoy networking with other 501ers as well as spending a few moments in the spotlight.
A highlight of the Channel Partners Leadership Summit is the MSP 501 Awards Gala. Members of the 2023 MSP 501 will be able to enjoy networking with other 501ers as well as spending a few moments in the spotlight.
By Jeff O'Heir and Buffy Naylor
The fast and furious pace of last week’s Channel Partners Conference & Expo – which included a lot of conversations about the Channel Futures MSP 501 – convinced us to extend the deadline for submitting an application for this year’s list. But you don’t have long. Dig in over the weekend and get your MSP 501 application in by 8 p.m. ET, Monday, May 15. That’s our final deadline. Don’t miss your chance to be part of the IT industry’s most prestigious and widely followed ranking of the world’s best, brightest and most innovative managed service providers.
For 17 years, the MSP 501 designation has served as the official badge of the channels’ most important managed service providers. Thousands of MSPs have relied on the rank to open customers’ doors, drive sales and gain bargaining power with their vendors. They have used it to celebrate the hard work of all their team members and attract new employees. Most of all, MSP 501 membership officially certifies the hard work, innovation and business acumen of the managed service providers that drive the industry to new heights every year.
MSP 501 Application Benefits
MSP 501ers stand out for their technical prowess, growth-oriented business models and strategic partnerships with industry-leading vendors and tech suppliers. They also shine in other ways:
Twenty-two percent of last year’s winners are either minority-owned, woman-owned or millennial-owned.
MSP 501 aggregate revenue was $21 billion.
Total employment: 77,343; Median: 32 employees per company, up 14%.
Average revenue per MSP 501: $42 million (17% growth YoY); Median: $5.75 million.
Total recurring revenue: $11.6 billion; Median: $3.5 million.
For the average MSP 501er, recurring revenue grew 20%.
As in the past, a group of industry luminaries will help us choose winners from the MSP 501 for several special categories, including: MSP of the Year, Newcomer of the Year, Digital Innovator, Vanguard Awards, Executive of the Year and Lifetime Achievement. The application process is easy and free. Just click here for access to the MSP 501 information center. It has everything you need to apply. It also includes the list of past winners and FAQs about the application process. Apply today and celebrate in the winners’ circle tomorrow.
There are plenty of benefits to being an MSP 501er. Scroll through the slideshow above to discover the top 10. And then get busy filling out your 2023 MSP 501 application!
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