Konica Minolta has announced that the company’s IT Services Division, All Covered, has been named as one of the world’s premier managed service providers on the 2020 annual Channel Futures MSP 501 rankings. This is All Covered’s ninth consecutive year on the list.
“We are honored to again be recognized as one of the world’s most elite managed service providers,” said Todd Croteau, president, All Covered. “Our team of IT experts is dedicated to providing best-in-class service and solutions to our clients, and the credibility of being part of Channel Future’s MSP 501 list every year provides validation of our strong presence in the industry.”
For the thirteenth year running, MSPs from around the globe completed a survey and application to self-report product offerings, annual total and recurring revenues, profits, revenue mix, growth opportunities and company and customer demographic information. Applicants are ranked on a methodology that weights revenue figures according to long-term health and viability; commitment to recurring revenue; and operational efficiency.
“For the third year running, the applicant pool for the annual MSP 501 has grown year-over-year, making this year’s list the most competitive in the survey’s history,” says Kris Blackmon, senior content director at Channel Partners and Channel Futures. “The MSP 501 leveraged judgement methodology brand-new in 2020 to drill down into not just what makes a big managed service provider, but what makes a great managed service provider. The 2020 winners are truly the best examples of innovation, business acumen and strategic savvy on the planet. We extend our heartfelt congratulations to the 2020 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.”
The 2020 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 June 30, 2020. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors. The data collected by the annual MSP 501 program drives Channel Partners’ and Channel Futures’ market intelligence insights, creating robust data sets and data-based trend reports that support our editorial coverage, event programming, community and networking strategies and educational offerings. It serves as a lynchpin to dozens of programs and initiatives.
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