Channel Futures MSP 501: Top Managed Service Providers 2024, 100-51

We at Tekie Geek are thrilled to announce our recent recognition and ranking in the prestigious Channel Futures MSP 501 list, where we placed an impressive #60! This achievement shines a spotlight on our company and our president, Mike Bloomfield, highlighting our unwavering commitment to protecting businesses from cyber threats lurking online!

What is Channel Futures MSP 501?

For the past 17 years, the Channel Futures MSP 501 list has been the IT Channel’s foremost and most extensive assessment of managed service providers (MSPs) globally. This benchmark-setting list evaluates MSPs worldwide, like Tekie Geek, based on their growth, profitability, and innovation. Inclusion in this definitive list is a mark of distinction, showcasing the best in the technology industry.

The list serves as a valuable resource for companies seeking reliable and innovative IT partners. Being included in the MSP 501 not only acknowledges our past achievements but also positions us as a forward-thinking company committed to pushing the boundaries of what is possible in the realm of managed services.

Understanding the Evaluation Process

The Channel Futures MSP 501 methodology is meticulously designed to recognize top-performing MSPs through rigorous criteria. The process begins with an initial review phase, where applicants must meet specified thresholds for minimum annual revenue and managed service revenue.

The subsequent evaluation delves into key financial metrics, including weighted annual revenue, EBITDA ratio, and recurring revenue percentage. This ensures a fair assessment of both large, diversified companies and specialized MSPs. Channel Futures employs a proprietary algorithm that prioritizes various revenue streams based on their significance in contemporary business models and progressive MSP strategies.

This comprehensive evaluation process is regularly reviewed, revised, and updated by a distinguished panel of thought leaders, ensuring the MSP 501 list remains relevant and authoritative.

Throughout the years, the MSP 501 methodology has adapted to reflect the dynamic nature of the market and evolving business models. It stands alone as a unique benchmark that enables managed service providers to assess their business performance effectively. Today, it is synchronized with prominent benchmarks from organizations like MSP Toolkit and Service Leadership, a division of ConnectWise, ensuring comprehensive alignment with industry standards.

What This Means for Tekie Geek

Our placement in the Channel Futures MSP 501 is a testament to the hard work and dedication of our team at Tekie Geek. It reflects our continuous efforts to innovate and improve our service offerings to meet the evolving needs of our clients. Being ranked #60 among the top MSPs globally is an honor that motivates us to strive for even greater heights.

Our inclusion in this list highlights several key aspects of our operations:

  1. Commitment to Excellence: We consistently aim to deliver the highest quality services to our clients, ensuring their IT needs are met efficiently and effectively.
  2. Customer Satisfaction: Our clients are at the heart of everything we do. We prioritize their needs and work diligently to exceed their expectations.
  3. Innovation and Adaptability: The technology landscape is constantly evolving, and we pride ourselves on our ability to adapt and integrate the latest advancements into our service offerings.
  4. Financial Stability: Our strong financial performance underscores our ability to sustain and grow our operations, providing clients with a reliable and trustworthy partner.

Looking Ahead

As we celebrate this significant achievement, we also look to the future with optimism and determination. We are committed to continuing our journey of growth and innovation, constantly seeking new ways to enhance our services and provide even greater value to our clients.

Our placement in the Channel Futures MSP 501 is not just a recognition of our past achievements but also a challenge to continue pushing the boundaries of excellence in managed services. We are excited about the opportunities that lie ahead and look forward to achieving even greater success in the years to come!

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