Aug 5, 2020 – CyFlare has been named as one of the world’s premier managed service providers on the prestigious 2020 annual Channel Futures MSP 501 rankings.
For the 13th year running, MSPs from around the globe completed an exhaustive survey and application this spring to self-report product offerings, annual total and recurring revenues, profits, revenue mix, growth opportunities, and company and customer demographic information. Applicants are ranked on a unique methodology that weights revenue figures according to long-term health and viability; commitment to recurring revenue; and operational efficiency.
Channel Futures is pleased to name CyFlare to the 2020 MSP 501.
“Earning our place in the ultra-competitive MSP 501 list highlights and rewards what we have built and where we are going. CyFlare will continue to innovate and bring value to clients subscribed through our channel partners with a comprehensive Managed Services and Managed Security Services Platform,” said Joe Morin, Founder & CEO, CyFlare.
In the 13 years since its inception, the MSP 501 has evolved from a competitive ranking list into a vibrant group of service providers, vendors, distributors, consultants and industry analysts working together to define the growing managed service opportunity.
“For the third year running, the applicant pool for the annual MSP 501 has grown year-over-year, making this year’s list the most competitive in the survey’s history,” says Kris Blackmon, Senior Content Director at Channel Partners and Channel Futures. “The MSP 501 leveraged judgment methodology brand-new in 2020 to drill down into not just what makes a big managed service provider, but what makes a great managed service provider. The 2020 winners are truly the best examples of innovation, business acumen, and strategic savvy on the planet. We extend our heartfelt congratulations to the 2020 winners and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of both the 501 and the thriving managed services sector.”
Ten MSP 501 special award winners will be recognized at the MSP 501 Awards Gala at Channel Partners Virtual: Digital Events for the Modern Channel on September 8 – 10. Nominations for these special awards, including Digital Innovator of the Year, Executive of the Year and the Newcomer Award, were included in the MSP 501 application, and all candidates were encouraged to submit for them.
The data collected by the annual MSP 501 program drives Channel Partners’s and 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. It serves as a lynchpin to dozens of programs and initiatives.
The complete 2020 MSP 501 list is available at Channel Futures.
The 2020 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected online from Mar. 1 through June 30, 2020. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.
CyFlare is a 24×7 Cyber Security Operations Center purpose built to enable Value Added Resellers, security partners and security vendors with MSSP and XDR services either as powered by or as a white label service. CyFlare enables VAR’s who cannot afford to invest or do not have the desire to focus on building those capabilities. It offers these benefits with no up-front investment or expertise required. CyFlare offers a wide array of managed security services that are either cloud delivered or pre-configured within it’s SOC In a Box that allows several hardware models and many security applications including Stellar Cyber NG-SIEM, Tenable, Cisco Umbrella, Transient X Remote Access
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Editor, Channel Futures & Channel Partners
Editor, MSP 501
Company Name: CyFlare
Contact Person: Lola Ignatowski
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Address:600 Fishers Station Road Suite 125
State: New York
Country: United States