Annual Channel Futures MSP 501 recognizes the best of the best in the managed services industry
New York, June 24, 2024–(BUSINESS WIRE)–Align, a leading global provider of technology infrastructure solutions and managed IT services, has been named one of the world’s top-performing managed services providers in the prestigious 2024 Channel Futures MSP 501 rankings. A technology industry benchmark, the Channel Futures MSP 501 list ranks companies based on growth, profitability and innovation. Align ranks 31st on the list this year, up nearly 30 spots from 60th in 2023.
For the past 17 years, managed services providers from around the world have applied to be included in this prestigious and definitive list. For any managed services organization, being included in the list is a landmark achievement. The Channel Futures MSP 501 study uses a quantitative methodology to rank companies based on annual revenue, profitability as measured by EBITDA, and recurring revenue. The methodology was developed by some of the biggest names in the managed services industry.
MSPs eligible for inclusion on the list must also pass a rigorous review conducted by Channel Futures’ research team and editors. Channel Futures ranks applicants using a proprietary methodology that evaluates financial performance based on long-term health and viability, commitment to ongoing revenue, and operational efficiency.
Channel Futures is pleased to have Align selected as one of its 2024 MSP 501.
“We are honored to not only be named to the MSP 501 again, but also to be named to the elite 50 MSPs in the world,” said Vinod Paul, President, Align Managed Services. “This recognition reflects our team’s unwavering focus on continuously improving and delivering exceptional solutions to our customers. We remain focused on setting new industry standards and pushing the boundaries of service delivery excellence with cutting-edge solutions designed for our customers’ success. Looking forward, we look forward to driving innovation, enhancing our service delivery, and helping our customers navigate the complexities of today’s digital environment.”
Chris Zadrima, Chief Operating Officer at Align, commented, “We are proud to be recognized as one of the industry’s elite MSPs. This honor reflects the significant enhancements we’ve made to our solutions over the past year. We’ve expanded our portfolio with scalable solutions that adapt to our clients’ evolving needs and address the ever-changing challenges and requirements of the alternative investment industry. Looking forward, we’re excited to continue our journey of growth and transformation and deliver even greater value to our clients.”
This year’s list is one of the most competitive in the survey’s history. Winners will be announced on the Channel Futures website and honored during a special ceremony at the MSP Summit, which will be held September 16-19, 2024 in Atlanta, Georgia.
MSP 501 is the pinnacle of the technology services industry, providing vendor- and platform-agnostic excellence and value to small, midsize, and large enterprise customers. This year, MSP 501 achieved average growth or recurring revenue of 19% and nearly $25 billion in total revenue – truly the best of the best. Many of the company’s services and technologies are focused on customer needs in the areas of AI, cloud, security, collaboration, networking, help desk, and remote monitoring and management.
Channel Futures MSP 501 is responsible for keeping customers safe, connected and efficient around the world.
“The 2024 Channel Futures MSP 501 winners have survived a tough marketplace and emerged as the best-performing and most innovative IT providers in the industry today,” said Dave Raffo, MSP editor and MSP 501 project manager. “What’s most impressive about the MSP 501 winners is that they deliver results for their customers every day. They are the most innovative, driven, and successful MSPs in a competitive industry.”
“For a managed services provider to make the Channel Futures MSP 501 list, they must be running at peak performance. This list represents the technology industry’s most productive, profitable and fastest-growing organizations that are focused on taking their customers to new heights,” said Bob DeMarzo, vice president of content at Informa Channels.
“These are the pinnacle of the managed services industry as defined by Channel Futures’ extensive research. 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 said. “In essence, these are vendor- and platform-neutral partners focused on doing what’s right for their customers.”
Informa’s owned and operated Channel Futures media organisation is the only channel-centric events, media and research company able to provide such insight into the managed services market.
The data collected by the annual MSP 501 helps all companies on the list, and all providers with managed services practices, evaluate their performance and discover new ways to grow.
background
The 2024 MSP 501 list is based on confidential data collected and analyzed by Channel Futures’ research and editorial team. Data was collected online from February to May 2024. The MSP 501 list recognizes the top managed services providers based on metrics including recurring revenue, profit margins and other factors.
About Align
Align is a premier global provider of technology infrastructure solutions. For over 35 years, leading enterprises around the world have relied on Align to solve their IT challenges and deliver complete, secure solutions for business change and growth. Align is headquartered in Dallas, Texas, with offices in New York, London, Chicago, San Francisco, Arizona, New Jersey and Virginia. To learn more, visit https://www.align.com/managed-services.
About Channel Futures
Channel Futures is the media and events home for the Information Technology and Communications industry, providing information, perspective and connections to 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 Solution Brokers, Sub-Agents and Agents, as well as leading technology vendor partners and communications providers.
Channel Futures is where the world meets the channel. We drive channel partners forward. Our assets include recognition programs like Channel Futures MSP 501, a list of the technology industry’s most influential and fastest growing managed services providers, and Channel Partners Events, offering unparalleled in-person events like the Channel Partners Conference & Expo and MSP Summit. Learn more at channelfutures.com.
Channel Futures is part of Informa Tech, the leading provider of market insights and access to the global business technology community. Through deep expertise and a passionate audience community, Informa Tech helps business professionals make better technology decisions and marketers reach the world’s most influential technology buyers and influencers. Informa Tech has over 1,000 industry experts, including 400+ research analysts and consultants from global research group Omdia, across a portfolio of 100+ trusted brands, with a monthly audience reach of over 125 million people. Informa Tech is part of Informa plc, a FTSE 100 company.
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