Annual Channel Futures MSP 501 Identifies Best of the Best in the Managed Services Industry.
JUNE 21st 2024: SysGen is pleased to announce that we have been named as one of the world’s top-performing Managed Service Providers (MSP) in the 2024 Channel Futures MSP 501 ranking. The Channel Futures MSP 501 list ranks companies based on growth, profitability, and innovation.
For the past 17 years, MSPs around the globe have submitted applications for inclusion on this definitive listing. The survey uses a quantitative methodology to rank companies based on their annual revenue, profitability measured by EBITDA, and recurring revenue. A Who’s-Who has developed the methodology in the managed services industry.
MSPs that qualify for the list must also pass a rigorous review conducted by the Channel Futures research team and editors. Channel Futures ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency.
Channel Futures is pleased to add SysGen Solutions Group to the 2024 MSP 501 list.
“SysGen is honoured to have been included in 2024’s list for our Dedicated IT Support Model®, unmatched technical talent and innovative technology solutions,” says Ryan Richardet, SysGen’s President and CEO. “Being on this list is a testament to the dedication and innovation of our team. It validates our commitment to excellence in the ever-evolving landscape of IT.”
This year’s list is among the most competitive in the survey’s history.
The MSP 501 represents the best in the technology services industry delivering outstanding vendor and platform-neutral advice and value to small, midsized and enterprise customers. This year, the MSP 501 generated nearly $25 billion in aggregate revenue with an average growth or recurring revenue of 19%. Many of their services and technology offerings focus on customer needs in AI, cloud, security, collaboration, networking, help desk and remote monitoring and management.
“The 2024 Channel Futures MSP 501 winners survived a challenging market and emerged as the highest performing and most innovative IT providers in the industry today,” said Dave Raffo, MSP editor and MSP 501 project manager. “The most impressive thing about the MSP 501 winners is they deliver for their customers every day. These are the most innovative, driven, and successful MSPs in a fiercely competitive industry.”
To view the list of 2024 Channel Futures MSP 501 winners, click here.
Background
The 2024 MSP 501 list is based on confidential data collected and analyzed by the Channel Futures research and editorial teams. Data was collected online from February to May 2024. The MSP 501 list recognizes top-managed service providers based on metrics including recurring revenue, profit margin and other factors. The Channel Futures media organization, owned and operated by Informa, is the only channel-centric events, media and research company that can provide such insight into the managed services market. The data collected by the annual MSP 501 helps every company on the list and every provider with a managed services practice, benchmark their performance and uncover new ways to grow.