Sixth-Annual List Reveals Leading MSPs In Healthcare, Legal, Government, Financial Services & More
Rockledge, FL (April 23, 2021) – Valeo Networks has been named to After Nines Inc.’s ChannelE2E Top 100 Vertical Market MSPs list and research (http://www.channelE2E.com/top100) for 2021. The annual list and research (hashtag: #MSP100) identify and honor the top 100 managed services providers (MSPs) in healthcare, legal, government, financial services, manufacturing and additional vertical markets.
This year’s Top 100 Vertical Market MSP research results are particularly impressive. MSP honorees successfully navigated the coronavirus pandemic and grew their managed annual vertical market revenue 25 percent on average. In stark contrast, total small business revenue in the United States fell 27.5 percent from January 2020 through March 2021, according to TrackTheRecovery.org.
The Top 100 Vertical Market MSPs rankings are based on ChannelE2E’s Q4 2020 and January 2021 readership survey, and ChannelE2E’s vertical market industry coverage. MSPs featured throughout the list and research leverage deep vertical market expertise to drive annual recurring revenues (ARR) in specific market segments.
This year’s research revealed several key MSP market trends, including:
- Honorees generated a combined $1.40 billion in vertical market annual recurring revenue (ARR) in 2020, up from $1.12 billion million in 2019. The surge involved organic growth combined with continued merger and acquisition (M&A) activity.
- The most successful vertical market MSPs are zeroing in on healthcare and financial services, while MSPs in the legal and not-for-profit sectors also showed particularly strong growth.
- The Top 100 Vertical Market MSPs now manage more than 3.1 million users across their customer sites as of 2020, up from 2.8 million in 2019.
- MSPs consider their top vertical market technology partners to be Microsoft (58%), Dell Technologies (19%), Cisco Systems (17%), ConnectWise (16%) and Amazon Web Services (14%). Datto, Fortinet, Ingram Micro and Pax8 also earned strong MSP response.
Valeo Networks was ranked among the top vertical market MSPs in Manufacturing.
“We are incredibly honored to be recognized by ChannelE2E as one of the largest MSPs in the world,” said Travis Mack, CEO of Valeo Networks. “Placing at #57 on the Top 100 Vertical MSPs list is an exceptional achievement for the Valeo Networks team, as the company has grown significantly over the past year. It represents the considerable investments and work we have done for our clients through implementation of next-generation cybersecurity tools, best-of-breed technology partners, and leveraging the cloud.”
“After Nines Inc. congratulates Valeo Networks on this honor,” said Amy Katz, CEO of After Nines Inc. “Businesses worldwide depend on the Top 100 Vertical Market MSPs for cybersecurity, automation and revenue-generating technology services – especially amid the coronavirus pandemic.”
The ChannelE2E Top 100 Vertical Market MSPs list and research are overseen by Content Czar Joe Panettieri (@JoePanettieri). Find the online list and associated report here: http://www.channelE2E.com/top100
Valeo Networks had some remarkable accomplishments over the last year including four acquisitions, firmly placing its revenue volume in the top 5% of MSSPs nationwide. The company continues to pursue growth through acquisition and is looking for additional great MSP companies to continue delivering nationwide services with highly experienced, skilled technicians and system administrators.
As cybersecurity concerns continually increase, and government regulations designed to address them, businesses are seeking out larger MSSPs, such as Valeo Networks, who have the resources and expertise to stay ahead of cybercriminals. With Valeo Networks’ rapid growth, ability to deliver nationwide services, and expertise in over fifteen industry verticals, the company is continuing to gain nationwide recognition including the latest jump to #57 out of the Top 100 Vertical Market MSPs in the nation.
About Valeo Networks
Valeo Networks, the commercial Information Technology division of Saalex Corporation, is a full-service nationwide Managed Security Service Provider (MSSP) that serves State, County, Municipal (SCM) markets; small-to-medium businesses (SMBs); and non-profit organizations. Firmly seated in the top 5% of revenue generating MSSPs nationwide—making it one of the largest MSSPs nationally—Valeo Networks provides solutions in the areas of cybersecurity, compliance, cloud, network infrastructure, and managed IT services. With over 20 years of industry experience, Valeo Networks is headquartered in Rockledge, FL with additional locations nationwide. Learn more at www.valeonetworks.com.
About After Nines Inc.
After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E (www.ChannelE2E.com) and MSSP Alert (www.MSSPAlert.com). ChannelE2E tracks every stage of the IT service provider journey — from entrepreneur to exit. MSSP Alert is the global voice for Managed Security Services Providers (MSSPs).