CIPHER ranks as the top pure play managed security service provider (MSSP) among the world’s 501 most strategic and innovative managed service providers (MSPs), according to Channel Futures 11th-annual MSP 501 Worldwide Company Rankings.
The MSP 501 is the first, largest and most comprehensive ranking of MSPs worldwide including all types of service providers from general IT to cybersecurity. This year Channel Futures received a record number of submissions. Applications poured in from North America, Europe, Asia, South America and beyond.
As it has for the last three years, Channel Futures teamed with Clarity Channel Advisors to evaluate these progressive and forward-leaning companies. Companies were ranked according to our unique methodology, which recognizes that not all revenue streams are created equal. We weighted revenue figures according to how well the applicant's business strategy anticipates trends in the fast-evolving channel ecosystem.
"We are honored to be recognized as the number one pure play managed security services provider by Channel Futures," said Ed Boucas, Chief Executive Officer of CIPHER. "CIPHER is a cybersecurity company that provides best-in-class managed services, and this specialization combined with our large delivery capability put us in a unique position in the market."
Channel Futures is pleased to honor CIPHER.
The MSP 501 winners and award recipients will be recognized at a special ceremony at Channel Partners Evolution, held this year October 9-12 in Philadelphia, as well as in the Fall issue of Channel Partners Magazine.
“This year’s applicant pool was the largest and most diverse in the history of the survey, and our winners represent the health and progressivity of the managed services market,” says Kris Blackmon, Channel Futures content director and editor of the MSP 501. “They’re growing their revenue, expanding their customer influence and exploring new technology that will propel them for years to come.”
The full MSP 501 report, available this fall, will leverage applicant responses, interviews and historical data to identify business and technology trends in the IT channel. Highlights will include:
- Revenue growth and business models
- Hiring trends and workforce dynamics
- Business strategies
- Service deliverables
- Business tools and automation investments
The complete 2018 MSP 501 list is available at Channel Futures.
The 2018 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected online from Feb. 28 through May 31, 2018. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, growth and other factors.
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