Teal has been recognized as one of the leading managed service providers in the world according to the prestigious 2024 Channel Futures MSP 501 rankings. This list evaluates companies based on their growth, profitability, and innovation.
For the past 17 years, managed service providers worldwide have vied for a spot on this highly regarded list. The Channel Futures MSP 501 survey uses a detailed methodology to assess companies based on factors like annual revenue, profitability measured by EBITDA, and recurring revenue. The methodology has been developed by experts in the managed services industry.
Companies that make it onto the list must undergo a thorough review by the Channel Futures research team and editors. The selection process takes into account financial performance, commitment to recurring revenue, and operational efficiency.
Teal is proud to be included in the 2024 MSP 501 list for the 6th consecutive year.
“We are delighted to be featured on Channel Futures’ MSP 501 for the 6th year in a row,” said Don Sauer, CEO and Cofounder of Teal. “This recognition highlights our dedication to delivering exceptional services, prioritizing cybersecurity, and showcases our team’s commitment to innovation and client success. It’s a testament to our mission of enhancing our clients’ business operations through technology solutions that support their goals.”
This year’s competition for inclusion on the list was fierce. Winners will be acknowledged on the Channel Futures website and at a special ceremony during the Channel Futures MSP Summit 2024 in Atlanta, GA.
The MSP 501 list represents top performers in the technology services industry who provide valuable advice and solutions to customers of all sizes. Collectively, the MSP 501 generated nearly $25 billion in revenue, with an average growth in recurring revenue of 19%. Their offerings cover areas like AI, cloud services, security, collaboration, networking, help desk support, and remote monitoring and management.
“The winners of the 2024 Channel Futures MSP 501 have demonstrated resilience and innovation in a competitive market,” said Dave Raffo, MSP editor and project manager for MSP 501. “These providers are at the forefront of the industry, consistently delivering results for their customers. They are the most innovative and successful MSPs in the market.”
“To make it onto the Channel Futures MSP 501, managed service providers must excel in every aspect of their operations,” said Bob DeMarzo, VP Content at Informa Channels. “These companies are the most productive, profitable, and fastest-growing organizations in the technology industry, dedicated to helping their customers achieve success.”
Channel Futures is the leading provider of insights and information to the managed services market. The data collected through the MSP 501 survey helps companies benchmark their performance and discover new growth opportunities.
About the 2024 MSP 501 list:
The 2024 MSP 501 list is based on confidential data collected by the Channel Futures research and editorial teams from February to May 2024. It recognizes top managed service providers based on metrics like recurring revenue, profit margin, and other factors.
For more information about Teal’s ranking on the 2024 Channel Futures list, please contact Brittany Watson at (703) 740-8797 or email brittany.watson@tealtech.com.
About Teal:
Teal offers managed IT solutions for small to medium-sized organizations with a focus on real partnerships and heightened security measures. With over 20 years of experience, Teal is committed to delivering top-notch services, prioritizing cybersecurity, and investing in its staff.
Small business leaders looking to optimize their technology investments can rely on Teal as a dedicated partner focused on their success. Visit the website to learn more about Teal’s services or follow @TealMSP on LinkedIn, YouTube, Facebook, and X.
Find out more at: https://tealtech.com/services/
About Channel Futures:
Channel Futures is a destination for information, perspective, and connection in the IT and communications industry. It serves the entire channel ecosystem, including solution providers, managed service providers, cloud service providers, value-added resellers, distributors, technology solutions providers, and more.
Channel Futures hosts events like the Channel Partners Conference & Expo and MSP Summit to provide in-person networking opportunities for industry professionals. For more information, visit channelfutures.com.
Channel Futures is part of Informa Tech, a leading provider of market insight and access to the global business technology community. Through its extensive expertise and engaged audience, Informa Tech helps business professionals make informed technology decisions and helps marketers connect with tech buyers and influencers worldwide. Informa Tech is a division of the FTSE 100 company Informa plc.
NEWS SOURCE: Teal
Keywords: VAR and IT Consulting, Managed Service Providers, Channel Futures, TEAL, managed IT, MSP 501 rankings, WASHINGTON, D.C.
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