12th Annual MSP 501 Identifies Top Forward-Thinking Global MSPs & Leading Trends in Managed Services
NEW YORK, June 21, 2019 – Abacus Group, a global provider of IT services for alternative investment firms, has been named as one of the world’s premier managed service providers on the prestigious 12th annual Channel Futures MSP 501 rankings.
The 2019 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected online from March 1 through May 31, 2019. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, growth and other factors.
“We are honored to once again be ranked high among this group of distinguished providers,” said Chris Grandi, CEO of Abacus Group. "It is essential that today’s MSPs specialize in providing clients with ‘peace of mind.’ Abacus is committed to this standard so that our clients can focus on their core competency – investment performance. We have a proven track record of providing the most reliable, certified solution in the marketplace.”
Every year, MSPs worldwide complete an extensive survey and application to report their product offerings, growth rates, annual total and recurring revenues, pricing structures, revenue mix and more. MSPs were ranked according to a unique methodology that weights revenue figures according to how well the applicant's business strategy anticipates trends in the fast-evolving channel ecosystem.
In the 12 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.
“The 2019 MSP 501 winners are the most elite, innovative and strategic IT service providers on the planet, and they stand as a model of excellence in the industry,” says Kris Blackmon, Content Director of Channel Partners and Channel Futures and lead of the MSP 501 program. “As the MSP 501 Community grows, leagues of managed service providers learn from the successes of these winning companies, gaining insight into the best practices, strategies and technologies that elevate an MSP to the level of the 501 winners.”
The complete 2019 MSP 501 list is available at Channel Futures.