8th Annual MSPmentor 501 Global Edition Report Identifies
World’s Fastest Growing Managed Service Providers (MSPs)
April 15, 2015: Netswitch Technology Management, Inc. was just ranked 4th on Penton Technology’s eighth-annual MSPmentor 501 Global Edition, of the fastest growing Managed Services companies in the world. The MSPmentor 501 Global Edition is a distinguished list and report identifying the world’s top 501 managed service providers (MSPs).
“We are surprised and delighted to be ranked so high.” said Stanley Li, CEO, Netswitch “Our recent market success in cybersecurity solutions with our SECURLI® Integrated Security Platform is responsible for this growth. We will continue to strive to help companies of all sizes cope with growing cyber-security attacks and an increasingly dangerous threat landscape which changes daily. Our objective is to provide our customers with peace of mind and the confidence that their information assets are protected from internal and external threats night and day. If this gets us to a number one ranking, then it will be even better.”
Each year, MSPmentor gathers information for its annual rankings through the participation of managed service providers and IT service providers in our annual survey. The survey was conducted from December 2014 through January 2015. Rankings are based Penton Technology’s unique criteria for MSPs such as annual recurring revenues, total revenues and more.
“We want to congratulate Netswitch and look forward to covering their growth strategies in the year ahead,” said Marcia Parker, Executive Director, Penton Technology Group.
This year the top MSPmentor 501 companies recorded higher recurring revenues than ever before. Combined, the total annual recurring revenues for all of MSPmentor 501 2015 companies reached a record high of $3.95 billion in 2014, up 26.5% year over year.
“Thank you to all the companies who participated in this year’s MSPmentor 501 survey, and congratulations to the companies that ranked on our 501 list, our regional lists and our Small Business list,” said Jessica Davis, Editor in Chief of MSPmentor and Executive Editor at Penton Technology. “Your participation enables us to continue to provide you with high quality information about the most successful business models, pricing, vertical markets and other approaches to running your businesses in 2015 and beyond.”