Congratulations to Addison-based Synetek Solutions, which was recently named 13th among the world’s premier managed service providers in 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 last 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 named Synetek Solutions as the 13th 2020 MSP in the annual Channel Futures MSP 501 rankings.
“Just getting on this list is an impressive accomplishment for any organization; doing it multiple years in a row is awesome but coming in so high on the list is something to be proud of,” said Victor Calabrese, COO, Synetek Solutions, in a recent press release. “This could not have happened without all of our Synetek Family for all they do to support this great organization.”
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, in the release. “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 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’ 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.
A privately held company, Synetek Solutions was founded in 2004 with the goal of providing the same level of service its founders provided while working for large corporations.
The self-funded company focuses on Business Technology Solutions providing small- to mid-sized businesses an entire IT department that will not only manage and maintain their infrastructure, but also will focus on the client’s business goals. Currently supporting a variety of markets, Synetek Solutions has developed a unique niche of being more than a Managed Service Provider. As a Business Technology Solution Provider, it directs the focus to not only maintain and support clients’ systems but also aligns the client’s strategic goals with those of the technology department to maximize growth, productivity and profitability.
In addition to our Managed IT Solutions, Synetek Solutions also provides other services such as Data Backup and Off-site Data Storage, Disaster Recovery Solutions, Voice over IP Telephony Solutions, Hardware as a Service (Haas), Hosted Exchange and SharePoint Solutions.
Synetek Solution’s CEO Mayron Herrera also won Favorite CEO at the 2019-2020 Addison – The Guide’s Readers’ Choice Awards.
Congratulations again on winning this prestigious award, Synetek Solutions!