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Thrive Ranked Among Top 501 MSPs by MSPmentor
10th Annual MSP 501 Ranking and Study Identifies World’s Most Progressive MSPs in Information Technology
Thrive ranks among the world’s most progressive 501 Managed Service Providers (MSPs), according to MSPmentor’s 10th-annual MSP 501 Worldwide Company Rankings. The top MSP 501 companies ranked this year include organizations from around the world and from diverse technology and business backgrounds. Collectively, they amassed $14.48 billion in total revenue (based on 2016 results), up more than 15 percent from a year earlier.
The complete 2017 MSP 501 list is available at MSPmentor.net. In addition to honoring Thrive, this year’s MSP 501 list and study showcases the top ranked MSPs worldwide.
“On behalf of MSPmentor, I would like to congratulate Thrive for its recognition as an MSP 501 honoree,” said Aldrin Brown, Editor in Chief, MSPmentor. “The managed service provider market is evolving at a rapid pace and the companies showcased on the 2017 MSP 501 list represent the most agile, flexible and innovative organizations in the industry.”
The 2017 MSP 501 list is based on data collected by MSPmentor and its partner, Clarity Channel Advisors. Data was collected online from Feb. 16 through May 15, 2017. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, growth and other factors. The 2017 MSP 501 leverages an innovative algorithm, which recognizes that not all revenue is the same. We gathered input from key MSPs and fellow industry thought leaders, and devised a methodology around revenue. Revenue from hardware resell, for example, is generally not as profitable as revenue from managed services. Thus, we weigh revenue from different go-to-market activities before making our calculation.
The weighting behind various revenue streams is presented here:
About Penton Technology’s Channel Brands
Penton Technology’s channel brands define emerging IT markets and disrupt established IT markets. They are a division of Informa. The channel brands include: MSPmentor (www.MSPmentor.net), The VAR Guy (www.TheVARguy.com), Talkin’ Cloud (www.TalkinCloud.com), the WHIR (http://www.thewhir.com) and WebHostingTalk (http://webhostingtalk.com).
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