Cloud Carib Limited, has been named as one of the world’s premier managed service providers in the prestigious 2021 Channel Futures MSP 501 rankings and #1 in the Caribbean once again.
For the third consecutive year, Cloud Carib has been selected as one of the technology industry’s top-performing providers of managed services by the editors of Channel Futures. For the past 15 years, MSPs from around the globe have submitted applications to be included on this prestigious and definitive list. The Channel Futures MSP 501 survey examines organizational performance based on annual sales, recurring revenue, profit margins, revenue mix, growth opportunities, innovation, technology solutions supported, and company and customer demographics.
Managed services providers that qualify for the list must pass a rigorous review conducted by the research team and editors of Channel Futures that rank applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue, and operational efficiency. This year’s list attracted a record number of applicants and was one of the most competitive in the survey’s history. Winners are being recognized on the Channel Futures website and will be honored at a special ceremony at the MSP Summit held November 1-2 in Las Vegas, Nevada as part of the Channel Partners Conference & Expo.
After making its 2019 entrance on the list at number 160, Cloud Carib’s ranking jumped significantly to number 33 in 2020, and this year, the company debuted at number 28 in Channel Futures’ 2021 MSP 501 listing, making it only one of two Caribbean MSPs to be counted.
“This is really a testament to our team’s commitment to growth and improvement” noted Cloud Carib CEO Scott MacKenzie. “It’s a huge accomplishment to be counted in the world’s leading MSP’s and we’re very excited to once again be recognized for the work that we do despite the impact of the ongoing pandemic.”
Since its inception, the MSP 501 has evolved from a competitive ranking into a vibrant group of innovators focused on high levels of customer satisfaction at small, medium, and large organizations in the public and private sectors. Today, many of their services and technology offerings focus on growing customer needs in the areas of cloud, security, collaboration, and support of hybrid workforces.
“The 2021 Channel Futures MSP 501 winners are the highest-performing and most innovative IT providers in the industry today. They stand head and shoulders above the competition,” said Robert DeMarzo, Vice President of Content for the Channel Futures and Channel Partners Conference & Expo division of Informa Tech Channels. “Coordinated by Channel Futures MSP 501 editor Allison Francis, this year’s list was clearly one of the best ever on record.”
“Vendors that are aligned with the Channel Futures MSP 501 are driving a new wave of innovation in the industry. Through their partnerships they are demonstrating a commitment to moving the MSP and entire channel forward,” said Kelly Danziger, General Manager of Informa Tech Channels. “We extend our heartfelt congratulations to the 2021 winners and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of the Managed Services sector.”
Background
The 2021 MSP 501 list is based on confidential data collected and analyzed by the Channel Futures editorial and research teams. Data was collected online from March 1-May 24, 2021. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin, and other factors.