The 2018 MSP 501 Is Coming. Are You Ready?
In just a few weeks, Channel Futures and its sister channel news site, Channel Partners, will open the 11th annual MSP 501 survey for applications. The survey is the IT channel’s largest and most comprehensive ranking of leading managed service providers around the globe. MSPs worldwide will stand and be counted to see where they rank among the top 501 managed service providers.
In addition to the ranking results, this year’s 501 will include a short, supplementary application for special awards such as the Vanguard Award for the company that demonstrates thought leadership in terms of digital transformation; the Lifetime Achievement Award for an executive who has demonstrated commitment, perseverance, creativity and ingenuity over an entire career; the Newcomer Award, bestowed upon a first-time MSP 501er that is shaking things up; and more.
“Our ranking on the MSP 501 and receipt of the Vanguard Award in 2016 are a testament to the hard work of our engineering teams,” said Mark Meller, CEO of SWK Technologies. “But most importantly, it gives our clients and our prospective clients a benchmark that shows we hold ourselves to a high level of quality and customer satisfaction.”
The 501 uses a unique data analysis that weighs revenue streams according to how forward-thinking the applicant’s business strategy is and how well it anticipates trends in the fast-moving channel ecosystem. In past years, we have partnered with Clarity Channel Advisors to manage the survey data. This year, data will be collected, aggregated and analyzed by the Channel Futures and Channel Partners team, with Clarity continuing to provide analysis on a pro-bono basis.
“MSPs need to focus their efforts on ways to differentiate, especially today with so much competition, commoditization and the relatively low barrier to entry,” says Will Ominsky, managing director of Clarity Channel Advisors. “The 501 list is an important tool to achieve this both internally, as a way of measuring your success with real numbers against your peers and competitors, and externally, for clients and prospects to understand your maturity.”
As in previous years, applicants will be required to provide 2017 financial results and revenue verification in the form of a statement from a certified financial professional.
The MSP 501 will open for applications in just a few weeks, so stay tuned to Channel Futures for updates. You can subscribe to the MSP 501 newsletter, which provides information on the 501 as well as the latest trends in the MSP world, on the MSP 501 homepage here.