Approyo Named to the ChannelE2E Top 100 Vertical Market MSPs
Approyo has been named to After Nines Inc.’s ChannelE2E Top 100 Vertical Market MSPs list and research (http://www.channelE2E.com/top100) for 2019.
April 29, 2019: Approyo has been named to After Nines Inc.’s ChannelE2E Top 100 Vertical Market MSPs list and research (http://www.channelE2E.com/top100) for 2019. The annual list and research identify and honor the top 100 managed services providers (MSPs) in healthcare, government, financial services, manufacturing, legal, not-for-profit and additional vertical markets.
The Top 100 Vertical Market MSPs rankings are based on ChannelE2E’s Q4 2018 and January 2019 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. Among the Top 100 Vertical Market MSPs for 2019:
- Honorees generated a combined $699.1 million in vertical market annual recurring revenue (ARR) for 2018, up from $277.3 million in 2017. The surge involved organic growth combined with aggressive merger and acquisition (M&A) activity.
- Honorees are managing nearly one million devices.
- The most successful vertical market MSPs are zeroing in on financial services and healthcare, while manufacturing, legal and not-for-profit vertical activities are accelerating.
Approyo was ranked number 23 among the top vertical market MSPs in the Technology industry.
“It is honor to be recognized as a top Managed Service provider by ChannelE2E, says Chris Carter, CEO of Approyo. "This achievement continues to validate our success in the SAP and Cloud marketplace."
“After Nines Inc. congratulates Approyo on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Through a vertical market focus, top MSPs are generating stronger profit margins and increased customer loyalty, while increasingly attracting acquisition and investor interest from peer MSPs and private equity firms.”
Find the online list and associated report here: http://www.channelE2E.com/top100.