The Newsroom
Ten Time Winner, 360IT PARTNERS Ranked #141 Globally In The Top 501 IT Managed Service Providers
Virginia Beach, VA, July 10, 2024– 360IT PARTNERS has again been named on the annual Channel Futures MSP501 rankings for 2024 as one of the world’s best IT Managed Service Providers, based on annual revenue and innovation, among other factors. The company will be recognized at the September Channel Futures Leadership Summit in Atlanta, GA.
This year, 360IT PARTNERS is recognized at number 141 on the 2024 list of 501 IT Managed Services Providers worldwide, up 131 spots from 272 in 2023.
360IT Partners has been named to the MSP 501 eight other times, and once to the Hot SMB101 list.
The complete 2024 MSP 501 list is available on Channel Futures’ website.
The MSP 501 represents the best in the technology services industry, delivering outstanding vendor and platform-neutral advice and value to small, midsized, and enterprise customers.
This year, the MSP 501 generated aggregate revenue of nearly $25 billion with average growth or recurring revenue of 19%. 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 Channel Futures MSP 501 survey uses a quantitative methodology to rank companies based on their annual revenue, profitability measured by EBITDA, and recurring revenue. MSPs that qualify for the list must also pass a rigorous review conducted by the Channel Futures research team and editors.
Channel Futures ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency.
Martin Joseph, the Founder and CEO of 360IT PARTNERS, said that his team has put in tremendous effort this past year, which he attributes to his giant leap in the rankings. “Our team is so laser-focused on helping our clients succeed in business. Our focus has been on refining operational maturity to deliver consistent business outcomes for our clients.”
“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 Content, Informa Channels.
Contest organizers noted that this year’s list once again attracted a record number of applicants, making it one of the most competitive in the survey’s history.