Approyo Named to ChannelE2E Top 100 Vertical Market MSPs: 2020 Edition
Fifth-Annual List Reveals Leading MSPs In Healthcare, Legal, Government, Financial Services, Manufacturing & More
June 18, 2020: Approyo has been named to After Nines Inc.’s ChannelE2E Top 100 Vertical Market MSPs list and research http://www.channele2e.com/(top100) for 2020. The annual list and research identify and honor the top 100 managed services providers (MSPs) in healthcare, legal, government, financial services, manufacturing and additional vertical markets.
The Top 100 Vertical Market MSPs rankings are based on ChannelE2E’s Q4 2019 and January 2020 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 $1.12 billion in vertical market annual recurring revenue (ARR) in 2019, up from $699.1 million in 2018. The surge involved organic growth combined with accelerating merger and acquisition (M&A) activity.
- The most successful vertical market MSPs are zeroing in on financial services and healthcare, while MSPs in the legal and manufacturing sectors also showed particularly strong growth.
- The Top 100 Vertical Market MSPs now manage more than 2.8 million users across their customer sites in 2019, up from 2.6 million in 2018.
- MSPs consider their top vertical market technology partners to be Microsoft (56%), Dell Technologies (22%), Cisco Systems (21%), Datto (19%), ConnectWise (11%) and Ingram Micro (11%).
Approyo was ranked number 36 among the top vertical market MSPs in the hospitality industry, which is just one of the many sectors they service. This is the second year in a row Approyo has made the Top 100 Vertical MSPs List.
“It is an honor to be listed as one of the top vertical MSPs. It's always great to see our hard work and dedication pay off.” said Christopher Carter, CEO & Founder of Approyo. “Thank you to our employees, partners and customers, as well as ChannelE2E, this achievement wouldn’t be possible without any of you.”
“After Nines Inc. congratulates Approyo on this honor,” said Amy Katz, CEO of After Nines Inc. “Vertical market MSPs are uniquely positioned to assist their customers with automation, cybersecurity, e-commerce and business recovery services during this challenging time for the global economy.”
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.
Approyo’s main goal is to make SAP simple for their customers. Managing and supporting companies around the globe on a 24/7 basis, they are a reliable in the fact that they share the same goal as you, to succeed. Using best practices from past projects, they implement and migrate systems quickly and efficiently. The team of SAP experts helps your business get to where you want it to be and helps with any requests or problems you may face. They take care of the technical stuff, letting you focus on what’s truly important, your business.
Approyo is a cloud-centric solutions provider with extensive capabilities in consulting, solutions architecture, hosting and managed services. Specializing in SAP services, they develop tailored solutions to fit businesses throughout all industries and regions. With over 300 SAP environments under management, they support businesses from production landscapes to migrations onto SAP S/4HANA and any other SAP core functionalities. Start your path to the Intelligent Enterprise with Approyo. Schedule a free consultation and discuss with our team of SAP experts today.
About After Nines Inc.
After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E and MSSP Alert. 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).