ITsavvy Now Officially Top Global Managed Services Provider
June 21, 2017
ADDISON, Ill.—ITsavvy just announced that that it was named a top international managed services provider (MSP) —ranking number 7 on the MSPmentor 501 list of the top MSPs for 2017.
To qualify for the 2017 MSP 501, MSPs were asked to submit confidential survey applications with 2016 financial results. MSPs were also asked for revenue verification from a certified financial professional. Data was collected between Feb. 16, 2017 and May 15, 2017.
Leveraging insights from real-world client interactions and more than a decade of experience working in and around the MSP community, MSPmentor and Clarity Channel Advisors developed the MSP 501 methodology.
The methodology relies on an algorithm that assesses company strength based on revenue contributions from key go-to-market activities. Because not every dollar of revenue produces the same return, revenue from specific activities is weighted depending on historical return. For example, revenue from true managed services is not only more sustainable than revenue generated from hardware reselling, it is also more profitable.
When determining a candidate’s ranking for the 2017 MSP 501 study, MSPmentor put the highest value on revenue generated from true managed and Cloud services. Revenue from professional services was given a somewhat lower weighting, followed by revenue generated from consulting and finally hardware and software reselling.
This variation in focus is why valuations of MSP entities vary greatly, and why some business models, such as ITsavvy’s, endure market fluctuations better than others.
ITsavvy President and CEO Mike Theriault said, “We entered the managed services market early, before most of our competitors. Leveraging that advantage, we were able to bring the best and brightest talent onboard and create a services structure that maximized value for our clients. We are continually expanding our offerings in order to both meet and drive managed services demand.”
ITsavvy’s current managed solutions include:
- savvyGuard Managed NOC: Delivers continuous infrastructure monitoring with three tiers of in-house or outsourced network operations center support. ITsavvy works directly with clients’ vendors to provide C-suite level guidance.
- savvyGuard Managed Help Desk: Answers user support calls, 24×7 if desired, with U.S.-based certified techs and on-call specialists that can guide users to problem resolution.
- savvyPrint: Remotely monitors and manages clients’ print fleets so they can work on more critical tasks. The auto-fulfillment program assures that the right amount of supplies is on hand.
- MFP/Copiers: Facilitates advanced document solutions from Toshiba that keep clients’ staffs productive and their organizations competitive.