Annual MSP 501 Identifies Industry’s Best-in-Class Businesses Growing Via Recurring Revenue and Innovation
Germantown, MD – June 28, 2023 – Recovery Point Systems, a leader in cloud-based business resilience services based in Germantown, is pleased to announce that it has been named as one of the world’s premier managed service providers in the prestigious 2023 Channel Futures MSP 501 rankings. Recovery Point was ranked #14 on the 2023 list.
For the past 17 years, managed service providers around the globe have submitted applications for inclusion on this respected and definitive listing. The Channel Futures MSP 501 survey examines organizational performance based on annual sales, recurring revenue, profit margins, revenue mix, growth, innovation, and supported technologies.
MSPs that qualify for the list must pass a rigorous review conducted by the research team and editors of Channel Futures. It ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue, and operational efficiency.
Recovery Point is the industry model for true end-to-end recovery and continuity solutions with extensive service offerings, including Disaster Recovery as a Service (DRaaS), Infrastructure as a Service (IaaS), Fully Managed Disaster Recovery, Cyber Resilience, Data Centers and Colocation, Cloud Connectivity, Archiving and Object Storage, and Tape Vaulting. With these data protection and business resilience solutions, backed by Tier III data centers and annual recognition from Gartner as a leader in the space, Recovery Point’s clients can feel confident that they are ready for any disruption.
“At Recovery Point, we offer fully managed and automated disaster recovery services that allow our clients to harness predictive and proactive strategies, ensuring they are truly ahead of the next generation of disruptions,” said Jack Dziak, CEO of Recovery Point. “We are thrilled to be included on the MSP 501 list as one of the top managed services providers in the world. It’s a testament to the expertise of our team and the client-focused nature of how we do business.”
This year’s MSP 501 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 the Channel Futures Leadership Summit, Oct. 30-Nov. 2, in Miami, Florida.
Since its inception, the MSP 501 has evolved from a competitive ranking into a vibrant group of innovators focused on high levels of customer satisfaction at small, medium, and large organizations in public and private sectors. Many of their services and technology offerings focus on customer needs in the areas of cloud, security, collaboration, and hybrid work forces.
“The 2023 Channel Futures MSP 501 winners persevered through challenging times to become the highest-performing and most innovative IT providers in the industry today,” said Jeff O’Heir, Channel Futures senior news editor and MSP 501 project manager. “The MSP 501 ranking doesn’t award MSPs solely on their size and revenue. It acknowledges the business acumen, best practices, and trusted advice they deliver to customers every day. They deserve the honor.”
“We extend our heartfelt congratulations to the 2023 winners, and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of the managed services sector,” said Kelly Danziger, general manager of Informa Tech Channels. “These providers are most certainly driving a new wave of innovation in the industry and are demonstrating a commitment to moving the MSP and entire channel forward.” The data collected by the annual NextGen 101 and MSP 501 drive Channel Futures’ market intelligence insights, creating robust data sets and data-based trend reports that support our editorial coverage, event programming, community and networking strategies, and educational offerings.
The 2023 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, 2023. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.
About Recovery Point
Recovery Point Systems is a nationwide leader in cloud-based business resilience services. Serving commercial organizations ranging from the Fortune 500 to SMBs, as well as federal, state, and local governments, Recovery Point delivers a comprehensive suite of IT resiliency and disaster recovery solutions for heterogeneous environments from mainframe to desktops. With a client footprint across the Americas, Recovery Point has been recognized by Gartner in its Magic Quadrant for DRaaS and its Market Guide for DRaaS for eight consecutive years. For more information about Recovery Point, visit www.recoverypoint.com.
About Abry Partners
Abry Partners is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $90 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across its active funds. For more information about Abry Partners, visit www.abry.com.