11th Annual MSP 501 Identifies World's Most Forward-Thinking MSPs & Leading Trends in Managed ServicesDALLAS (PRWEB) July 02, 2018Velo IT Group, leading Dallas-based IT solutions provider, has been ranked among the world's 501 most strategic and innovative managed service providers (MSPs) for the second consecutive year, according to Channel Futures 11th-annual MSP 501 Worldwide Company Rankings.The MSP 501 is the first, largest and most comprehensive ranking of managed service providers worldwide. This year Channel Futures received a record number of submissions. Applications poured in from Europe, Asia, South America and beyond.As it has for the last three years, Channel Futures teamed with Clarity Channel Advisors to evaluate these progressive and forward-leaning companies. MSPs were ranked according to our unique methodology, which recognizes that not all revenue streams are created equal. We weighted revenue figures according to how well the applicant's business strategy anticipates trends in the fast-evolving channel ecosystem.Channel Futures is pleased to honor Velo IT Group."It is an honor to be recognized as one of the top managed service providers in the world," said Taylor Toce, President/CEO of Velo IT Group. "Our ranking on the MSP 501 list validates our ability to execute on our vision to deliver world-class IT support and solid, well-managed IT infrastructures to our clients.""We work to secure, strengthen, and strategically improve every aspect of our clients' IT environments in order to propel their businesses, today and well into the future."Velo IT Group provides managed IT support to companies in a number of industries including legal, financial, oil & gas, healthcare and manufacturing to name a few.The MSP 501 winners and award recipients will be recognized at a special ceremony at Channel Partners Evolution, held this year October 9-12 in Philadelphia, as well as in the Fall issue of Channel Partners Magazine."This year's applicant pool was the largest and most diverse in the history of the survey, and our winners represent the health and progressivity of the managed services market," says Kris Blackmon, Channel Futures content director and editor of the MSP 501. "They're growing their revenue, expanding their customer influence and exploring new technology that will propel them for years to come."The full MSP 501 report, available this fall, will leverage applicant responses, interviews and historical data to identify business and technology trends in the IT channel. Highlights will include: Revenue growth and business models Hiring trends and workforce dynamics Business strategies Service deliverables Business tools and automation investmentsThe complete 2018 MSP 501 list is available at Channel Futures.BackgroundThe 2018 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected online from Feb. 28 through May 31, 2018. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, growth and other factors.About Velo IT GroupVelo IT Group is a world-class managed IT services provider focused on providing businesses with the technology and support they need to achieve maximum velocity in their markets. We are an IT services company completely focused on helping small and mid-market companies increase their market share while improving efficiency, productivity, and net margin. Velo is headquartered in Dallas, TX with locations in Texas and Louisiana serving businesses throughout the US. To learn more, visit http://www.velomethod.com.About InformaChannel Futures, Channel Partners Online, Channel Partners Conference & Expo and Channel Partners Evolution are part of Informa, the international business intelligence, academic publishing, knowledge and events group. Informa serves commercial, professional and academic communities, helping them connect and learn, and creating and providing access to content and intelligence that helps people and businesses work smarter and make better decisions faster. Informa has over 10,000 colleagues in more than 20 countries and a presence in all major geographies. It is listed on the London Stock Exchange and is a member of the FTSE 100.For the original version on PRWeb visit: https://www.prweb.com/releases/2018/06/prweb15598294.htm
