Home / ITRM Insights / News / ITRM LTD Achieves Top 3 Ranking in the Prestigious Channel Futures 2024 MSP 501 UK and EMEA
Annual Channel Futures MSP 501 Identifies Best of the Best in the Managed Services Industry
In June 2024, ITRM LTD achieved a significant milestone by being named one of the world's top-performing managed service providers in the 2024 Channel Futures MSP 501 rankings. This recognition, a testament to our growth, profitability, and innovation, is a source of pride and inspiration.
For the past 17 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing. It is a milestone achievement for any managed services organisation to be included. The Channel Futures MSP 501 survey uses a quantitative methodology to rank companies based on their annual revenue, profitability measured by EBITDA, and recurring revenue. The methodology has been developed by a Who's-Who in the managed services industry.
Qualifying for the list involves a stringent review by the Channel Futures research team and editors. Channel Futures' unique methodology weighs financial performance according to long-term health and viability, commitment to recurring revenue, and operational efficiency.
This year's list is among the most competitive in the survey's history. Winners will be recognised on the Channel Futures website and honoured during a special ceremony at the MSP Summit, Sept 16-19, 2024, in Atlanta, GA.
The MSP 501 represents the best in the technology services industry, delivering outstanding vendor and platform-neutral advice and value to small, midsized and enterprise customers. This year, the MSP 501 generated nearly $25 billion in aggregate revenue with an average growth or recurring revenue of 19%. These are truly the best of the best. Many of their services and technology offerings focus on customer needs in AI, cloud, security, collaboration, networking, help desk, remote monitoring, and management.
"The 2024 Channel Futures MSP 501 winners survived a challenging market and emerged as the highest performing and most innovative IT providers in the industry today," said Dave Raffo, MSP editor and MSP 501 project manager. "The most impressive thing about the MSP 501 winners is they deliver for their customers every day. These are the most innovative, driven, and successful MSPs in a fiercely competitive industry."
"For a managed service provider to attain a spot on the Channel Futures MSP 501 everything must be operating at peak performance. This list represents the most productive, profitable, fastest-growing, organisations in the technology industry focused on driving their customers to new heights." said Bob DeMarzo, VP Content, Informa Channels.
"These are the best of the best in the managed services industry as defined by Channel Futures' extensive research. The MSP 501 companies are the most sought after by peers who want to understand today's best practices and by technology suppliers who want to partner with these organisations," DeMarzo stated. "At their core, these are vendor and platform neutral partners focused on doing what is right for their customers."
The Channel Futures media organisation, owned and operated by Informa, is the only channel-centric events, media and research company to provide such insight into the managed services market.
The data collected by the annual MSP 501 is a valuable resource for every company on the list, including ITRM. It provides a benchmark for performance and uncovers new ways to grow and improve in the managed services industry.
At ITRM, we proudly operate as a Managed Service Provider (MSP) in England's southeast and southwest regions. With an extensive legacy of over 25 years in the industry, our dedication to excellence has been acknowledged through the prestigious MSP 501 awards, which allow us to benchmark our performance against the finest providers in the UK and throughout the EMEA (Europe, the Middle East, and Africa).
We are thrilled to share that we currently rank 3rd among leading MSPs in the UK and EMEA, a testament to our commitment to delivering exceptional services. Additionally, the recognition from MSP 501 places ITRM as the 69th MSP globally, highlighting our impact on a much wider scale.
Driven by an unwavering commitment to improvement and innovation, we tirelessly aim to attain that coveted number-one position in the industry. Our continuous efforts are focused on refining our services and ensuring we meet the evolving needs of our clients, reinforcing our status as a leader in the managed services landscape.
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