Annual MSP 501 Identifies Best-in-Class Global MSP Businesses & Leading Trends in Managed Services
SEATTLE, August 14, 2020 (Newswire.com) - Maxwell IT (www.maxwellit.com) – the Northwest’s best managed IT, security and cloud solutions provider – has been named as one of the world’s premier managed service providers on the prestigious 2020 annual Channel Futures MSP 501 rankings.
For the 13th year running, MSPs from around the globe completed an exhaustive survey and application process this spring 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.
"We are honored to be included in the MSP 501," said Tracy Maxwell, President of Maxwell IT. "Our team has been avidly refining our IT delivery model this past year and the results have been outstanding efficiency gains for our clients."
In the 13 years since its inception, the MSP 501 has evolved from a competitive ranking list into a vibrant group of service providers, vendors, distributors, consultants and industry analysts working together to define the growing managed service opportunity.
"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 judgment 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."
Ten MSP 501 special award winners will be recognized at the MSP 501 Awards Gala at Channel Partners Virtual: Digital Events for the Modern Channel on Sept. 8 to 10, 2020. Nominations for these special awards, including Digital Innovator of the Year, Executive of the Year and the Newcomer Award.
About Maxwell IT
Maxwell IT is the Northwest's leading information technology services company, offering a full range of technology services for small to medium-sized businesses. Specializing in Medical IT, Maxwell IT helps healthcare practices fill in the gaps with a combination of skillsets to maintain their EHR/EPM systems, including IT system engineers, EHR/EPM trainers, technical and clinical project managers and billing/coding specialists. They also offer a variety of IT services, such as increased security, data and backup recovery, cloud computing, IT consulting and more. For more information about Maxwell IT, visit the company online or call 800-470-0014.
Editor, Channel Futures & Channel Partners
Editor, MSP 501
Source: Maxwell IT