Carolinas IT has been named as one of the world’s premier managed service providers on the prestigious 12th-annual Channel Futures MSP 501 rankings. The annual list identifies top forward-thinking global MSPs and leading trends in Managed Services.
Every year, MSPs worldwide complete an extensive survey and application to report their product offerings, growth rates, annual total and recurring revenues, pricing structures, revenue mix and more. MSPs were ranked according to a unique methodology that weights revenue figures according to how well the applicant’s business strategy anticipates trends in the fast-evolving channel ecosystem.
As an award-winning and industry-recognized service provider, Carolinas IT has provided a variety of IT solutions to clients in over 20 states for 23 years. In the last three years, the company has experienced a high rate of growth including a 15% increase in staffing in the first quarter of this year.
Carolinas IT CEO and Founder Mark Cavaliero commented, “I continue to be impressed and inspired by our team as they provide world-class service to our clients that powers our growth.”
In the 12 years since its inception, the MSP 501 has evolved from a competitive ranking list into a vibrant group of service providers, vendors, distributors, consultants and industry analysts working together to define the growing managed service opportunity.
“The 2019 MSP 501 winners are the most elite, innovative and strategic IT service providers on the planet, and they stand as a model of excellence in the industry,” says Kris Blackmon, Content Director of Channel Partners and Channel Futures and lead of the MSP 501 program. “As the MSP 501 community grows, leagues of managed service providers learn from the successes of these winning companies, gaining insight into the best practices, strategies and technologies that elevate an MSP to the level of the 501 winners. Our heartfelt congratulations to the 2019 winners and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of both the 501 and the thriving managed services sector.”
In addition to deciding the rankings, the survey drives the creation of an annual in-depth study of business and technology trends in the IT channel, released each year at the Channel Partners Evolution conference. The full MSP 501 Report leverages applicant responses, interviews with industry experts and historical data to give a well-rounded picture of the managed services opportunity.
The complete 2019 MSP 501 list is available at Channel Futures.