Blog - Locknet® Managed IT

Locknet Managed IT Ranked on 2024 MSP 501

Written by Locknet Managed IT | Jul 8, 2024 2:31:28 PM

For the ninth year in a row, Locknet Managed IT 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.

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 has named Locknet Managed IT to the 2024 MSP 501, identifying the most prestigious providers in the managed services industry. This year’s list is one of the most competitive in the survey’s history.

"It’s always humbling to be listed among the best of the best," said Kris Kilgard, President of Locknet Managed IT. "To be highlighted on the MSP 501 again this year speaks to the skill and dedication of our entire team."

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.

“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 organizations,” DeMarzo stated. “At their core, these are vendor and platform neutral partners focused on doing what is right for their customers.”

Background on Channel Futures and the MSP 501

The 2024 MSP 501 list is based on confidential data collected and analyzed by the Channel Futures research and editorial teams. Data was collected 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.

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.

The Expertise of Locknet Managed IT

Locknet Managed IT, an EO Johnson company, is committed to being an innovative and trusted resource for our clients as a managed security service provider. This is our ninth year in a row being recognized by Channel Futures on their MSP 501 list. Contact us to learn more about how our managed IT expertise can improve your business.