After months of research, data collection and analysis, MSPmentor is proud to present the 2017 MSPmentor 501 Global Edition – Worldwide Company Rankings.
We’re proud to acknowledge this is the 10th anniversary of the industry’s most respected list of top managed services providers (MSPs).
As usual, the latest MSP 501 ranking features IT services firms large and small, from virtually every corner of the earth.
This is the second year utilizing a new approach designed to raise the bar in terms of quality, transparency and relevance.
Take transparency: Prior to 2016, MSP 501 list was a bit of a mystery to companies that applied for inclusion.
For the second consecutive year, MSPmentor is revealing the methodology used to rank individual companies.
We’ve examined the business models, technologies, vertical markets and customer segments that MSP companies engage most.
In the coming weeks and months, the editors at MSPmentor will follow up with additional features, news stories, profiles and more that flesh out our findings, which number far too many to fully examine herein.
Also, keep an eye out for a downloadable PDF version of the survey results.
Taken as a whole, the companies on the 2017 MSP 501 list amassed a combined $14.48 billion in total revenue (based on 2016 results), up more than 15 percent from a year earlier.
Of that figure, $4.30 billion was recurring revenue, an increase of nearly 13 percent from $3.81 billion in 2015.
Despite the year-over-year increase, recurring revenues as a percentage of total revenue actually fell, ever so slightly – from 30.27 percent in 2016, to 29.67 percent last year.
Following the trend of climbing revenue, headcount also grew at a healthy clip.
Companies in the 2017 MSP 501 reported 41,915 full-time employees (FTEs) on Dec. 31 of last year, up nearly 12 percent from 37,487 at the end of 2015.
On average, MSPs on the list earned about $190,000 per employee, though that varied widely among companies, with some earning as much as $1.43 million per FTE, and others as little as $8,750.
Today’s release of the MSP 501 list is just the beginning.
On June 28, we’ll release the MSPmentor 100 Small Business Edition, which honors the Top 100 MSPs with 15 or fewer employees.
Two weeks later, on July 12, we’ll release rankings of top MSPs in North America; EMEA (Europe, Middle East and Africa); and AANZ (Asia, Australia and New Zealand).
Later this summer and fall, look for additional lists from U.S. states and other geographic regions around the world.
To those who participated, we sincerely thank you for being a part of the 10th Annual MSPmentor 501 Global Edition.How We Built the 2017 MSPmentor 501 Worldwide Company Rankings