The ITeam Ranks 387 on the Channel Futures 2024 MSP 501—Tech Industry’s Most Prestigious List of Managed Service Providers Worldwide
Calgary, AB – July 2, 2024 – The ITeam has been named as one of the world’s top-performing managed service providers in the prestigious 2024 Channel Futures MSP 501 rankings. The Channel Futures MSP 501 list, a technology industry benchmark, ranks companies based on their growth, profitability, and innovation.
“We are honoured to be recognized as one of the top managed service providers in the 2024 MSP 501 list,” said Austin Southerland, president of The ITeam. “This achievement is a testament to the hard work and dedication of our team, our commitment to innovation, and our unwavering focus on delivering exceptional service to our clients.”
For the past 17 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing. For a managed service organization to be included on this list is a milestone achievement. The Channel Futures MSP 501 survey uses a quantitative methodology to rank companies based on their annual revenue, profitability measured by EBITDA, and recurring revenue. The methodology has been developed by a Who’s Who of professionals from the managed service industry.
This year’s list is one of the most competitive in the survey’s history and Channel Futures is pleased to name The ITeam to the 2024 MSP 501. Winners will be recognized on the Channel Futures website and recognized during a special ceremony at MSP Summit, Sept 16-19, 2024, in Atlanta, GA.
“Being included in this prestigious list underscores our position as a leader in the industry, and we look forward to continuing our mission of providing cutting-edge solutions that empower businesses to thrive in an ever-evolving digital landscape,” said The ITeam CEO, James Wagner.
The Channel Futures MSP 501 is responsible for keeping their global customers safe, connected, and efficient. The MSP 501 represents the best in the technology services industry, delivering outstanding vendor and platform-neutral advice and value to businesses of all sizes.
This year, the MSP 501 generated aggregate revenue of nearly $25 billion with average growth or recurring revenue of 19%. These are truly the best of the best. Many of their services and technology offerings focus on customer needs in the areas of AI, cloud, security, collaboration, networking, help desk, and remote monitoring and management.
“The 2024 Channel Futures MSP 501 winners survived a challenging market and emerged as the highest performing and most innovative IT providers in the industry today,” said Dave Raffo, MSP editor and MSP 501 project manager. “The most impressive thing about the MSP 501 winners is they deliver for their customers every day. These are the most innovative, driven, and successful MSPs in a fiercely competitive industry.”
“For a managed service provider to attain a spot on the Channel Futures MSP 501, everything must be operating at peak performance. This list represents the most productive, profitable, fastest-growing organizations in the technology industry focused on driving their customers to new heights,” said Bob DeMarzo, VP of Content, Informa Tech Channels.
“These are the best of the best in the managed services industry as defined by Channel Futures’ extensive research. The MSP 501 companies are the most sought after by peers who want to understand today’s best practices and by technology suppliers who want to partner with these organizations,” DeMarzo stated. “At their core, these are vendor and platform-neutral partners focused on doing what is right for their customers.”
The Channel Futures media organization, owned and operated by Informa, is the only channel-centric events, media, and research company that can provide such insight into the managed service market.
The data collected by the annual MSP 501 helps every company on the list and every provider with a managed service practice benchmark their performance and uncover new ways to grow.
Background
The 2024 MSP 501 list is based on confidential data collected and analyzed by the Channel Futures research and editorial teams. Data was collected online from February to May 2024. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin, and other factors.
About The ITeam
A true Calgary-based company known for delivering quality IT results for 30 years, The ITeam believes in building client relationships, not just business. Providing IT services, The ITeam, utilizing IT standards, develops a customized approach to solving IT business integration hiccups. Committed to demonstrating superior service, The ITeam’s employees have an extensive background of successful technology implementations and on-going support.
Media Contact:
Shadra Bruce
DaSh factor LLC
shadra@dashfactor.com
https://dashfactor.com
About Channel Futures
Channel Futures is a media and events destination for the information technology and communications industry. We provide information, perspective, and connection for the entire channel ecosystem, including solution providers (SPs), managed service providers (MSPs), managed security service providers (MSSPs), cloud service providers (CSPs), value-added resellers (VARs) and distributors, technology solutions brokerages, subagent and agents, as well as leading technology vendor partners and communication providers.
Channel Futures is where the world meets the channel; we are leading Channel Partners forward. Our properties include awards programs, such as the Channel Futures MSP 501, a list of the most influential and fastest-growing providers of managed services in the technology industry; and Channel Partners events, which delivers unparalleled in-person events, including Channel Partners Conference & Expo and MSP Summit. More information is available at channelfutures.com.
Channel Futures is part of Informa Tech, a leading provider of market insight and market access to the global business technology community. Through in-depth expertise and an engaged audience community, Informa Tech helps business professionals make better technology decisions and helps marketers reach the most powerful tech buyers and influencers in the world. Across its portfolio of over 100+ trusted brands, Informa Tech has over 1,000 industry experts, including over 400 research analysts and consultants in global research group Omdia, and a monthly audience reach of over 125 million. Informa Tech is a division of FTSE 100 company Informa PLC.
Media Contacts
Dave Raffo
MSP News Editor, Channel Futures
david.raffo@informa.com
Katie Egley
Senior Marketing Manager
msp501@informa.com