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Annual MSP 501 Identifies Best-in-Class Global MSP Businesses & Leading Trends in Managed Services

Locknet Managed IT, an EO Johnson Company, has been named as one of the world’s premier managed service providers on the prestigious 2020 annual Channel Futures MSP 501 rankings.

For the 13th year running, MSPs from around the globe completed an exhaustive survey and application this spring to self-report product offerings, annual total and recurring revenues, profits, revenue mix, growth opportunities and company and customer demographic information. Applicants are ranked on a unique methodology that weights revenue figures according to long-term health and viability; commitment to recurring revenue; and operational efficiency.

Locknet Managed IT has been listed among honorees since the award’s inception, representing consistency in quality service and innovation. 

“The MSP 501 list features the best of the best and being ranked as one of the leading managed service providers in the world is a high honor.” said Peter Kujawa, President of Locknet Managed IT Services. “This recognition is a nod to our team’s passionate commitment to client success. We are humbled by this recognition and look forward to continuing to provide the best IT services to our clients who count on us every day.”

“For the third year running, the applicant pool for the annual MSP 501 has grown year-over-year, making this year’s list the most competitive in the survey’s history,” says Kris Blackmon, Senior Content Director at Channel Partners and Channel Futures. “The MSP 501 leveraged judgement methodology brand-new in 2020 to drill down into not just what makes a big managed service provider, but what makes a great managed service provider. The 2020 winners are truly the best examples of innovation, business acumen and strategic savvy on the planet. We extend our heartfelt congratulations to the 2020 winners and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of both the 501 and the thriving managed services sector.”

Background

The 2020 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected online from Mar. 1 through June 30, 2020. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.

Want to learn more about what one of the top IT managed service providers in the world can do for you? Contact us for a review of your IT by calling 844.365.4968. Ask to speak to a Locknet Account Executive in your area.

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