ITS Named to ChannelE2E Top 100 Vertical Market MSPs: 2020 Edition

ITS Named to ChannelE2E Top 100 Vertical Market MSPs: 2020 Edition

Fifth-Annual List Reveals Leading MSPs In Multiple Industries

IT Solutions has been named to After Nines Inc.’s ChannelE2E Top 100 Vertical Market MSPs list and research (http://www.channelE2E.com/top100) for 2020. The annual list and research (hashtag: #Top100MSP) identify and honor the top 100 managed services providers (MSPs) in healthcare, legal, government, financial services, manufacturing and additional vertical markets.

The Top 100 Vertical Market MSPs rankings are based on ChannelE2E’s Q4 2019 and January 2020 readership survey, and ChannelE2E’s vertical market industry coverage. MSPs featured throughout the list and research leverage deep vertical market expertise to drive annual recurring revenues (ARR) in specific market segments.

This year’s research revealed several key MSP market trends, including:

  • Honorees generated a combined $1.12 billion in vertical market annual recurring revenue (ARR) in 2019, up from $699.1 million in 2018. The surge involved organic growth combined with accelerating merger and acquisition (M&A) activity.
  • The most successful vertical market MSPs are zeroing in on financial services and healthcare, while MSPs in the legal and manufacturing sectors also showed particularly strong growth.
  • The Top 100 Vertical Market MSPs now manage more than 2.8 million users across their customer sites in 2019, up from 2.6 million in 2018.
  • MSPs consider their top vertical market technology partners to be Microsoft (56%), Dell Technologies (22%), Cisco Systems (21%), Datto (19%), ConnectWise (11%) and Ingram Micro (11%).

ITS was ranked among the top vertical market MSPs in the legal sector.

“IT Solutions is honored to be recognized among the top companies in our industry for the fifth year in a row,” said Jim Higgins, Principal, IT Solutions. “As an ESOP, our employee-owners give it their all every day to provide the best proactive, reactive, and strategic support to our diverse client base to help them grow and succeed. We’re proud that this team effort stands out among some very distinguished company in the MSP space,” Higgins added.

While this honor recognizes IT Solutions’ success in the legal sector, ITS continues to see significant growth across numerous other industries, including healthcare, financial services, construction, and manufacturing.  

The ChannelE2E Top 100 Vertical Market MSPs list and research are overseen by Content Czar Joe Panettieri (@JoePanettieri). Find the online list and associated report here: http://www.channelE2E.com/top100

 

About After Nines Inc.

After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E (www.ChannelE2E.com) and MSSP Alert (www.MSSPAlert.com). ChannelE2E tracks every stage of the IT service provider journey — from entrepreneur to exit. MSSP Alert is the global voice for Managed Security Services Providers (MSSPs).  

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