Annual MSP 501 Identifies Best-in-Class Global MSP Businesses & Leading Trends in Managed Services
Lake Worth, FL, July 28, 2020 – I.T. Solutions of South Florida is ranked in the Top 100 of the world’s premier managed service providers on the prestigious 2020 annual Channel Futures MSP 501 rankings. The Lake Worth, Florida based MSP ranked 65th on the list of top 501 MSP’s internationally.
“Without sounding like a cheesy awards show, it is truly an honor to make the MSP 501 list. But we are beyond ecstatic to earn the 65th ranking and place within the Top 100 of Managed Service Providers globally,” CEO Deana Pizzo said. “We feel we’ve created something unique and very special with respect to our services and our friendly professional staff. It is truly an honor to be recognized as a global leader in our channel.”
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.
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.
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, 2020. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin, and other factors.
About I.T. Solutions of South Florida
I.T. Solutions of South Florida, Inc. is an award-winning Managed Service Provider in Palm Beach County, specializing in solving the unique I.T. and business challenges for small to medium size businesses. I.T. Solutions of South Florida serves a vast array of businesses from manufacturing to construction, schools, non-profit organizations, and can easily accommodate the needs of any professional service industry, including those with multiple locations and remote workers.
I.T. Solutions of South Florida was founded in 2004 and has become one of the Fastest Growing Technology Companies in South Florida. Their mission is to help businesses develop cost-effective solutions by implementing the proper technology to improve their bottom line. They deliver flat-rate I.T. implemented by a dedicated and professional staff. Along with providing superior service and utilizing cutting-edge technology, they also strive to make positive contributions to their local community.
Above all, serve wholeheartedly.
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.
Editor, Channel Futures & Channel Partners
Editor, MSP 501