Company’s Best-in-Class Innovation, Services, and Growth Recognized for Second Consecutive Year on the Most Prestigious List Of Managed Service Providers Worldwide
JUNE 29, 2023 – Westborough, MA – For the second consecutive year, Cumulus Global received recognition in the 2023 Channel Futures MSP 501 rankings, landing at 220 on the list. The global ranking identifies premier managed service providers across multiple benchmarks. These benchmarks include: annual sales, recurring revenue, profit margins, revenue mix, growth, supported technologies, and innovation.
“We are humbled to be compared to some of the best MSPs in the world,” stated Cumulus Global CEO Allen Falcon. “We have a great team that focuses on helping clients use cloud technologies strategically and tactically. We deliver services that empower employees and teams, and that enable businesses to achieve business results.”
Since its inception 17 years ago, the MSP 501 has evolved from a competitive ranking into a vibrant group of innovators focused on high levels of customer satisfaction. MSPs on the list span small, medium and large organizations in both public and private sectors. Many of their services and technology offerings focus on cloud, security, collaboration and hybrid work forces.
“The 2023 Channel Futures MSP 501 winners persevered through challenging times to become the highest-performing and most innovative IT providers in the industry today,” said Jeff O’Heir, Channel Futures senior news editor and MSP 501 project manager. “The MSP 501 ranking doesn’t award MSPs solely on their size and revenue. It acknowledges the business acumen, best practices and trusted advice they deliver to customers every day. They deserve the honor.”
MSPs that qualify for the list must pass a rigorous review conducted by the research team and editors of Channel Futures. It ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency.
“As a Managed Cloud Service Provider, our approach to IT for small and midsize businesses differs from traditional MSPs,” noted Falcon. “Our Managed Cloud Services focus on replacing on-premise systems, and the associated capital and operating costs, with cloud services whenever feasible. We help manage costs while improving productivity, security, and resilience.”
This year’s list is one of the most competitive in the survey’s history. Winners will be recognized on the Channel Futures website. They will also be honored during a special ceremony at the Channel Futures Leadership Summit, Oct. 30-Nov. 2, in Miami, Florida.
“We extend our heartfelt congratulations to the 2023 winners, and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of the managed services sector,” said Kelly Danziger, general manager of Informa Tech Channels. “These providers are most certainly driving a new wave of innovation in the industry and are demonstrating a commitment to moving the MSP and entire channel forward.”
The 2023 MSP 501 list is based on confidential data collected and analyzed by the Channel Futures research and editorial teams. Data was collected online from February to May, 2023. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.
About Cumulus Global
Cumulus Global is an industry-leading managed cloud service provider with a mission to deliver solutions with tangible value.
- What We Do: We translate your business goals and objectives into solutions and services.
- How We Do It: We start with your business needs and priorities. Planning and migration includes guidance to help your team adopt and utilize new services. Your team benefits from co-managed services, on-going support, and client success services. We help you adapt as your business changes and grows.
- What We Offer: Managed cloud solutions featuring Google, Microsoft, and more than three dozen providers.
About Channel Futures
Channel Futures is a media and events destination for the information and communication technologies (ICT) channel community. We provide information, perspective and connection for the entire channel ecosystem, including solution providers (SPs), managed service providers (MSPs), managed security service providers (MSSPs), cloud service providers (CSPs), and value-added resellers (VARs). Our services guide distributors, technology solutions brokerages, subagents, agents, leading technology vendor partners, and communication providers.
Our properties include many awards programs such as the Channel Futures MSP 501, a list of the most influential and fastest-growing providers of managed services in the technology industry; Channel Partners events, which delivers unparalleled in-person events including Channel Partners Conference & Expo, Channel Futures Leadership Summit, Women’s Leadership Summit, the MSP Summit and Channel Partners Europe; and a DEI Community Group, our initiative to educate, support and promote diversity, equity and inclusion (DE&I) in the ICT channel industry. Channel Futures is where the world meets the channel; we are leading Channel Partners forward. More information is available at channelfutures.com.
Channel Futures is part of Informa Tech, a market-leading B2B information provider with depth and specialization in ICT sector. Every year, we welcome 14,000+ subscribers to our research, more than 4 million unique monthly visitors to our digital communities. More than 18,200+ students attend our training programs and 225,000 delegates attend our events.
Jeff O’Heir , Channel Futures Senior News Editor, MSP 501 Manager, Jeff.firstname.lastname@example.org
Ginette Andrem, Associate Marketer, VIP Relations, email@example.com