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Annual MSP 501 List Identifies Tech Industry’s Best-in-Class Businesses Worldwide
June 19, 2024 - Thriveon has been named one of the world’s premier managed service providers in the prestigious 2024 Channel Futures MSP 501 rankings.
The Channel Futures MSP 501 list, a technology industry benchmark, ranks companies based on their growth, profitability and innovation. It ranks MSPs and their financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency, as well as annual sales, profit margins, revenue mix, growth, innovation and supported technologies.
Minnesota-based Thriveon was listed out of 501 MSPs worldwide.
“We are honored to be recognized on Channel Futures’ prestigious 2024 MSP 501 list,” said Sam Bloedow, Thriveon CEO. “This achievement is a testament to the unwavering dedication and expertise of our team at Thriveon, and we remain committed to delivering exceptional managed IT services and driving innovation for our clients.”
This year’s list is one of the most competitive in the survey’s history. Winners are recognized on the Channel Futures website and will be honored during a special ceremony at the MSP Summit from Sept. 16-19, in Atlanta, Georgia.
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 aggregate revenue of nearly $25 billion with average growth or recurring revenue of 19%. Many of their services and technology offerings focus on customer needs in the areas of AI, cloud, security, collaboration, networking, help desk and remote monitoring and management.
The Channel Futures MSP 501 is responsible for keeping their global customers safe, connected and efficient.
“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.”
“For a managed service provider to attain a spot on the Channel Futures MSP 501 everything must be operating at peak performance. This list represents the most productive, profitable, fastest-growing, organizations in the technology industry focused on driving their customers to new heights.” said Bob DeMarzo, VP Content, Informa Channels.
“These are the best of the best in the managed services industry as defined by Channel Futures’ extensive research. The MSP 501 companies are the most sought after by peers who want to understand today’s best practices and by technology suppliers who want to partner with these organizations,” DeMarzo stated. “At their core, these are vendor and platform neutral partners focused on doing what is right for their customers.”
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.
Thriveon provides a range of services, including managed IT,cybersecurity compliance,professional and project service and Microsoft Teams integration. We help eliminate issues before they start with a proactive IT service that aligns you with best practices and guides your entire technology spend. Schedule a consultation with us today.