12th Annual MSP 501 Identifies Top Forward-Thinking Global MSPs & Leading Trends in Managed Services
JUNE 18, 2019: MXOtech, Inc. has been named as one of the world’s premier managed service providers on the prestigious 12th-annual Channel Futures MSP 501 rankings.
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.
“I am thrilled that MXOtech has been recognized by the MSP 501 as one of the top-performing managed service providers in the world,” said Joanna Sobran, Founder and CEO of MXOtech. “Over the past 14 years, we have been investing in our employee talent, technology processes, and customer service. We recently obtained our HITRUST / NIST certification, developed new application platforms to automate our customers’ labor-intensive processes, and added a Project Management Office (PMO). This has allowed us to provide our customers with a robust security program, workflow efficiencies, and the right line of business applications to help them operate more efficiently. I could not be happier to celebrate these achievements with our team and clients.”
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. Our heartfelt congratulations to the 2019 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.”
In addition to deciding the rankings, the survey drives the creation of an annual in-depth study of business and technology trends in the IT channel, released each year at the Channel Partners Evolution conference, held this year September 9-12 in Washington, D.C. The full MSP 501 Report leverages applicant responses, interviews with industry experts and historical data to give a well-rounded picture of the managed services opportunity.
The complete 2019 MSP 501 list is available at Channel Futures.
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.
MXOtech, Inc. is a full-service IT company offering a comprehensive suite of services ranging from Managed IT Services to Custom Application Development for organizations that have 20+ employees and who rely heavily on technology to keep themselves running and growing.
Our Managed IT service offerings include 24/7/365 help desk support, on-site visits, network management, security, backup & disaster recovery, and project management. We specialize in supporting clients in the industries of manufacturing and distribution; architecture, engineering and construction; professional services; and associations and non-profits.
On the Application side, we develop enterprise-level web applications, business intelligence tools, systems and data integrations for organizations within the industries of healthcare and energy/utilities.
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