LAS VEGAS – JUNE 21, 2024 — NetEffect has been named as one of the world’s top-performing managed service providers in the prestigious 2024 Channel Futures MSP 501 rankings. The Channel Futures MSP 501 list, a technology industry benchmark, ranks companies based on their growth, profitability and innovation.
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 organization to be included on the list. 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.
MSPs that qualify for the list must also pass a rigorous review conducted by the Channel Futures research team and editors. Channel Futures ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency.
Channel Futures is pleased to name NetEffect to the 2024 MSP 501.
“Being granted this award is a huge accomplishment for us; we take pride in providing the best IT Managed Services and Security for our clients,” said NetEffect CEO David Rounds. “We will continue to strive to provide top-notch service to the ones who trust us the most.”
This year’s list is one of the most competitive in the survey’s history. Winners will be recognized on the Channel Futures website and honored during a special ceremony at MSP Summit from Sept. 16-19 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 aggregate revenue of nearly $25 billion with an average growth or recurring revenue of 19 percent. These are truly the best of the best. Many of their services and technology offerings focus on customer needs in the areas of AI, cloud, security, collaboration, networking, help desk and remote monitoring and management.
The Channel Futures MSP 501 is responsible for keeping their global customers safe, connected and efficient.
“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, organizations in the technology industry focused on driving their customers to new heights.” said Bob DeMarzo, VP Content, Informa Channels.
The Channel Futures media organization, owned and operated by Informa, is the only channel-centric events, media and research company that can provide such insight into the managed services market.
The data collected by the annual MSP 501 helps every company on the list and every provider with a managed services practice, benchmark their performance and uncover new ways to grow.
About NetEffect
Based in Las Vegas, NetEffect is an award-winning, managed IT service provider that has spent over two decades as a trusted partner and expert in cyber security preparedness for small and midsize businesses. NetEffect’s commitment to its values of integrity and customer service has achieved a 99.2 percent customer satisfaction rate and more than 155 five-star Google reviews.
Led by Founder & CEO David Rounds, NetEffect has received several honors, including the Las Vegas Metro Chamber Entrepreneur of the Year Award and twice as Microsoft’s West Region Influencer Partner of the Year. The firm is also ranked as a leading managed services provider (MSP) by the Channel Company’s CRN Magazine, one of North America’s most significant resources for IT news, trends, analysis, and insight. With a unique, forward-thinking approach, NetEffect has earned the Award Channel Futures MSP 501 for three years and CRN’s MSP 500: Pioneer 250 in 2020 and 2024. Clutch and Cloud Tango recognized the firm as a top MSP Provider in Nevada in 2022, 2023, and 2024. For more information on NetEffect, call (702) 407-2387 or visit www.neteffect.com.
About Channel Futures
Channel Futures is a media and events destination for the information technology and communications industry. 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. More information is available at channelfutures.com.
Channel Futures is part of Informa Tech, 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 Informa plc.
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