Here are the top 10 benefits of being on the MSP 501 list.

May 12, 2023

10 Slides

By Jeff O'Heir and Buffy Naylor

The fast and furious pace of last week’s Channel Partners Conference & Expo – which included a lot of conversations about the Channel Futures MSP 501 – convinced us to extend the deadline for submitting an application for this year’s list. But you don’t have long. Dig in over the weekend and get your MSP 501 application in by 8 p.m. ET, Monday, May 15. That’s our final deadline. Don’t miss your chance to be part of the IT industry’s most prestigious and widely followed ranking of the world’s best, brightest and most innovative managed service providers.

For 17 years, the MSP 501 designation has served as the official badge of the channels’ most important managed service providers. Thousands of MSPs have relied on the rank to open customers’ doors, drive sales and gain bargaining power with their vendors. They have used it to celebrate the hard work of all their team members and attract new employees. Most of all, MSP 501 membership officially certifies the hard work, innovation and business acumen of the managed service providers that drive the industry to new heights every year.

MSP 501 Application Benefits

MSP 501ers stand out for their technical prowess, growth-oriented business models and strategic partnerships with industry-leading vendors and tech suppliers. They also shine in other ways:

  • Twenty-two percent of last year’s winners are either minority-owned, woman-owned or millennial-owned.

  • MSP 501 aggregate revenue was $21 billion.

  • Total employment: 77,343; Median: 32 employees per company, up 14%.

  • Average revenue per MSP 501: $42 million (17% growth YoY); Median: $5.75 million.

  • Total recurring revenue: $11.6 billion; Median: $3.5 million.

  • For the average MSP 501er, recurring revenue grew 20%.

As in the past, a group of industry luminaries will help us choose winners from the MSP 501 for several special categories, including: MSP of the Year, Newcomer of the Year, Digital Innovator, Vanguard Awards, Executive of the Year and Lifetime Achievement. The application process is easy and free. Just click here for access to the MSP 501 information center. It has everything you need to apply. It also includes the list of past winners and FAQs about the application process. Apply today and celebrate in the winners’ circle tomorrow.

There are plenty of benefits to being an MSP 501er. Scroll through the slideshow above to discover the top 10. And then get busy filling out your 2023 MSP 501 application!


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