The Fulcrum Group, Inc. Earned Spot on Channel Futures 2024 MSP 501—Tech Industry’s Most Prestigious List of Managed Service Providers Worldwide
Steve Meek
president of the Fulcrum Group
June 25th, 2024: The Fulcrum Group, Inc. has been named as one of the world’s top-performing managed service providers in the prestigious 2024 Channel Futures MSP 501 rankings. The Channel Futures global MSP 501 list, a technology industry benchmark, ranks companies based on their growth, profitability and innovation.
For the past 17 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing. It is a milestone achievement for any managed services organization to be included on the list. The Channel Futures MSP 501 survey uses a quantitative methodology to rank companies based on their annual revenue, profitability measured by EBITDA, and recurring revenue. The methodology has been developed by a Who’s-Who in the managed services industry.
MSPs that qualify for the list must also pass a rigorous review conducted by the Channel Futures research team and editors. Channel Futures ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency.
Channel Futures is pleased to name The Fulcrum Group, Inc. to the 2024 MSP 501.
“At a time when innovation, automation, and cybersecurity demand so much from service providers, we are excited to be recognized once again with the other outstanding providers in our industry,” said Steve Meek, President and CEO of The Fulcrum Group, Inc.
“And for our clients, I am excited about their prospects from embracing the transformative power of AI and Copilot. These technologies have already helped some of our clients enhance efficiency, streamline processes, and empower their organization to achieve new heights or pursue their desired M&A activities.”
This year’s list is one of the most competitive in the survey’s history. Winners will be recognized on the Channel Futures website and honored during a special ceremony at MSP Summit, Sept 16-19, 2024 in Atlanta, GA.
The Fulcrum Group Family Located at Dallas Fort Worth Texas
The MSP 501 represents the best in the technology services industry delivering outstanding vendor and platform neutral advice and value to small, midsized and enterprise customers. This year, the MSP 501 generated aggregate revenue of nearly $25 billion with average growth or recurring revenue of 19%. These are truly the best of the best. Many of their services and technology offerings focus on customer needs in the areas of AI, cloud, security, collaboration, networking, help desk and remote monitoring and management.
The Channel Futures MSP 501 is responsible for keeping their global customers safe, connected and efficient.
“The 2024 Channel Futures MSP 501 winners survived a challenging market and emerged as the highest performing and most innovative IT providers in the industry today,” said Dave Raffo, MSP editor and MSP 501 project manager. “The most impressive thing about the MSP 501 winners is they deliver for their customers every day. These are the most innovative, driven, and successful MSPs in a fiercely competitive industry.”
“For a managed service provider to attain a spot on the Channel Futures MSP 501 everything must be operating at peak performance. This list represents the most productive, profitable, fastest-growing, organizations in the technology industry focused on driving their customers to new heights.” said Bob DeMarzo, VP Content, Informa Channels.
“These are the best of the best in the managed services industry as defined by Channel Futures’ extensive research. The MSP 501 companies are the most sought after by peers who want to understand today’s best practices and by technology suppliers who want to partner with these organizations,” DeMarzo stated. “At their core, these are vendor and platform neutral partners focused on doing what is right for their customers.”
Background
The 2024 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, 2024. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.
About The Fulcrum Group, Inc.
For over 20 years, The Fulcrum Group has been setting the standard for helping our clients understand and evolve their organization’s IT and processes. With the critical role technology plays in today’s business landscape, having your IT under control is more important than ever, whether in Dallas, Fort Worth or our clients in more rural Texas towns and cities.
We’ve had great success empowering businesses with our SPOT Managed IT Services, SPOT Shield Cybersecurity Services and Microsoft 365 projects, as examples. Our recent
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