Published: August 16, 2024Solution Builders Inc. is proud to announce its inclusion in the prestigious 2024 Channel Futures MSP 501 rankings, recognizing the top-performing managed service providers worldwide. The Channel Futures MSP 501 is a renowned industry benchmark that evaluates companies based on their growth, profitability, and innovation.
For 17 years, managed service providers globally have competed for a place on this esteemed list. Being named to the MSP 501 is a significant milestone for any managed services company. The rankings are determined through a rigorous, quantitative process that considers annual revenue, profitability (measured by EBITDA), and the proportion of recurring revenue. Industry leaders develop the methodology behind the MSP 501 and reflect the best practices in managed services.
To qualify for the list, companies must undergo a stringent review by the Channel Futures research team and editors. This evaluation process involves a unique methodology that assesses financial performance, long-term viability, dedication to recurring revenue, and operational efficiency.
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Solution Builders Inc. is Thrilled to Be Named to the 2024 MSP 501 By Channel Futures
We are deeply honored to be included in the 2024 MSP 501 list of top Managed Service Providers worldwide. At Solution Builders, our commitment is to partner with our clients to manage their technology, ensuring a reliable, secure, and robust IT environment. This recognition is a testament to the hard work and dedication of our entire team, who focus on delivering exceptional technology solutions paired with outstanding customer service.
Daniel Melling
President, Solution Builders Inc.
This year’s MSP 501 list is one of the most competitive in its history. Winners will be featured on the Channel Futures website and celebrated during a special ceremony at the MSP Summit, held from September 16-19, 2024, in Atlanta, GA.
The MSP 501 represents the pinnacle of excellence in the technology services sector, offering vendor- and platform-neutral expertise to small, midsized, and enterprise clients. Collectively, this year’s MSP 501 companies generated nearly $25 billion in revenue, with an average growth rate of 19% in recurring revenue. These companies stand out as the best of the best, with many focusing on customer-centric services in AI, cloud, security, collaboration, networking, help desk support, and remote monitoring and management.
The Channel Futures MSP 501 plays a crucial role in keeping its global client base safe, connected, and efficient.
“The 2024 Channel Futures MSP 501 winners have navigated a challenging market to emerge as the highest-performing and most innovative IT providers in the industry today,” said Dave Raffo, MSP editor and MSP 501 project manager.
“What sets these MSP 501 winners apart is their unwavering commitment to delivering exceptional service to their clients every day. They are the most innovative, driven, and successful MSPs in a fiercely competitive landscape.”
“To earn a place on the Channel Futures MSP 501, a managed service provider must operate at peak performance. This list highlights the most productive, profitable, and fastest-growing organizations in the technology industry, all of which are focused on elevating their customers to new levels of success,” added Bob DeMarzo, VP of Content, Informa Channels.
“These MSP 501 companies represent the best of the best in the managed services industry, according to Channel Futures’ extensive research. They are highly sought after by peers who want to learn from today’s best practices and by technology vendors eager to partner with these outstanding organizations,” DeMarzo continued. “At their core, these are vendor- and platform-neutral partners committed to doing what is right for their clients.”
Background
The 2024 MSP 501 rankings are based on confidential data collected and analyzed by the Channel Futures research and editorial teams. Data was gathered online from February to May 2024. The MSP 501 list honors top-managed service providers based on metrics such as recurring revenue, profit margin, and other key factors.
About Solution Builders Inc.
Solution Builders is a trusted partner in technology, offering managed IT services and IT outsourcing solutions. Since 1995, we have helped businesses solve their technology challenges. Our clients come from various industries like accounting, financial services, healthcare, local government, nonprofits, and manufacturing.
As a leading cyber security company, we ensure your IT needs are met with a reliable and scalable process. This approach creates a secure and strong IT infrastructure ready to support your business as it grows.
At Solution Builders, we are focused on delivering top-notch IT management and security. We simplify the complex world of technology for businesses, providing tailored solutions that meet your specific needs. This way, your organization has the tools and support to succeed.
About Channel Futures
Channel Futures, owned by Informa, is the only media and research company dedicated to the channel community, offering insights into the managed services market. The data collected through the annual MSP 501 survey allows companies on the list and other managed service providers to benchmark their performance and discover new growth opportunities.
