Konica Minolta Business Solutions U.S.A., Inc. announced its IT Services Division, All Covered has been named to After Nines Inc.’s ChannelE2E Top 100 Vertical Market MSPs list for 2020.
The annual list and research identify and honour the top 100 managed services providers (MSPs) in healthcare, legal, government, financial services, manufacturing and additional vertical markets.
All Covered earned the #8 spot on ChannelE2E’s Top 100 Vertical Market MSPs for its expertise in delivering solutions to the finance industry. This is All Covered’s fifth consecutive year in the top ten.
The rankings are based on ChannelE2E’s Q4 2019 and January 2020 readership survey, and ChannelE2E’s vertical market industry coverage. MSPs featured throughout the list and research leverage deep vertical market expertise to drive annual recurring revenues (ARR) in specific market segments.
This year’s research revealed several key MSP market trends, including:
- Honourees generated a combined $1.12 billion (€1.02 billion) in vertical market annual recurring revenue (ARR) in 2019, up from $699.1 million (€637.15 million) in 2018. The surge involved organic growth combined with accelerating merger and acquisition (M&A) activity.
- The most successful vertical market MSPs are zeroing in on financial services and healthcare, while MSPs in the legal and manufacturing sectors also showed particularly strong growth.
- The Top 100 Vertical Market MSPs now manage more than 2.8 million users across their customer sites in 2019, up from 2.6 million in 2018.
- MSPs consider their top vertical market technology partners to be Microsoft (56%), Dell Technologies (22%), Cisco Systems (21%), Datto (19%), ConnectWise (11%) and Ingram Micro (11%).
“We are thrilled to again be ranked as a leader among MSPs providing managed IT, security and compliance solutions to banks and credit unions,” said Marco Maggio, Vice President of Strategic Services, All Covered. “This continuous recognition from ChannelE2E represents our ongoing commitment to providing financial institutions with cutting-edge products and solutions and reinforces the value we bring to this industry.”
“After Nines Inc. congratulates All Covered on this honour,” said Amy Katz, CEO of After Nines Inc. “Vertical market MSPs are uniquely positioned to assist their customers with automation, cybersecurity, e-commerce and business recovery services during this challenging time for the global economy.”
