The NextGen List Honors Innovative, Growing MSPs
October 2024: AVC Technology has been named as one of the world’s rising star managed service providers on the inaugural Channel Futures 2024 MSPs to watch list.
The MSPs to Watch list, affiliated with the MSP 501, honors managed service and technology providers who show potential to make the MSP 501 list in the near future. The 55 MSPs to Watch gain most of their revenue from managed services, achieve a high percentage of revenue from recurring revenue, and boast impressive growth forecasts for 2024.
Due to their growth, drive, and innovation, these MSPs represent the future of the technology channel and IT industry. The MSPs to Watch winners were selected from applications received for the 2024 Channel Futures MSP 501. This is different than our MSP Next Generation list, which was modified this year to honor the most innovative MSPs, whether they're on the 501 or not.
Channel Futures is pleased to name AVC Technology to the 2024 MSPs to Watch
Channel Futures recognizes the channel partner communities for their innovation and contributions to the IT industry. The MSPs to Watch represents that effort.
“When putting together our 2024 MSP 501 list, we found many impressive smaller managed service providers that failed to meet our revenue cutoff to qualify but nevertheless showed great potential and growth,” said Dave Raffo, manager of the MPS 501, Next Generation and MSPs to Watch lists. “Some of these have made the MSP 501 in the past and are on a trajectory to return. Some are also 2024 Next Generation MSPs.”
The data collected by the annual MSP 501, Next Generation MSPs ad MSPs to Watch lists drive Channel Futures’ market intelligence insights. Channel Futures uses these robust data sets and data-based trend reports to support editorial coverage, event programming, community and networking strategies and educational offerings.
Background
The 2024 MSP 501 and NextGen lists are based on data collected by Channel Futures online from February to May 2024. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.
About Informa Tech
Informa Tech is a leading provider of market insight and market access to the global business technology community. Through in-depth expertise and an engaged audience community, Informa Tech helps business professionals make better technology decisions and marketers reach the most powerful tech buyers and influencers in the world. Across its portfolio of over 100+ trusted brands, Informa Tech has over 1000 industry experts, including over 400 research analysts and consultants in global research group Omdia, and a monthly audience reach of over 125 million. Informa Tech is a division of FTSE 100 company.
About Channel Futures
Channel Futures is a media and events destination for the information and communication technologies (ICT) channel community. We provide information, perspective, and connection for the entire channel ecosystem, including solution providers (SPs), managed service providers (MSPs), managed security service providers (MSSPs), cloud service providers (CSPs), value-added resellers (VARs) and distributors, technology solutions brokerages, subagent and agents, as well as leading technology vendor partners and communication providers.
Channel Futures is where the world meets the channel; we are leading Channel Partners forward. Our properties include awards programs such as the Channel Futures MSP 501, a list of the most influential and fastest-growing providers of managed services in the technology industry; Channel Partners events, which delivers unparalleled in-person events including Channel Partners Conference & Expo and MSP Summit. Our DEI Community Group initiative educates, supports, and promotes diversity, equity, and inclusion (DE&I) in the ICT channel industry. More information is available at channelfutures.com.
Channel Futures is part of Informa Tech, a market-leading B2B information provider with depth and specialization in the ICT sector. We welcome 14,000+ subscribers annually to our research, more than 4 million unique monthly visitors to our digital communities, 18,200+ students to our training programs and 225,000 delegates to our events.
Media Contacts
Dave Raffo
MSP Editor, MSP 501 Manager
david.raffo@informa.com
Katie Egley
Senior Marketing Manager
katie.egley@informa.com
