Sprout IT has been named as one of EMEA’S premier managed service providers on the inaugural Channel Futures European Partners 51 (EP 51) rankings.
The rankings are part of the annual MSP 501 initiative from Channel Futures. Every year, MSPs worldwide complete an extensive survey and application to report their product offerings, growth rates, annual total and recurring revenues, pricing structures, revenue mix and more. MSPs are then ranked according to a unique methodology that weights revenue figures according to how well the applicant's business strategy anticipates trends in the fast-evolving channel ecosystem.
This year, in conjunction with Informa Tech’s first EMEA event, Channel Evolution Europe, 51 European MSPs have been chosen to represent the first 501 program solely dedicated to EMEA partners.
Channel Futures is pleased to name Sprout Technologies Ltd (SproutIT) to the 2019 EP 51.
"We are super-proud to make this list and with such a high ranking," said Matt Torrens, COO at Sprout IT. "Our vision is to power the world’s finest legal system, into the future; and we work very hard every day with that at the forefront of our minds."
EP 51 winners will be honoured at a special event at Channel Evolution Europe, held 2-3 December 2019 at the Park Plaza Victoria hotel in London.
“We are excited to bring special recognition to our European partners. The EP 51, part of the annual Channel Futures MSP 501 program, represents Informa Tech’s commitment to recognising the excellence, innovation and forward-thinking strategies evident in the EMEA market,” says Kris Blackmon, Content Director of Channel Partners and Channel Futures and lead of the MSP 501 program. “In conjunction with the inaugural Channel Evolution Europe event, the EP 51 program will serve as the foundation of the extension of our content into the European theatre through our events, award initiatives and editorial coverage. We congratulate these elite European MSPs and look forward to building a close-knit community of partners in the EMEA region.”
In addition to deciding the rankings, the MSP 501 survey drives the creation of an annual in-depth study of business and technology trends in the IT channel. The full MSP 501 Report leverages applicant responses, interviews with industry experts and historical data to give a well-rounded picture of the managed services opportunity. Channel Partners and Channel Futures is excited to announce the first EMEA-specific report based on data collected from its European MSP 501 winners, to be released at Channel Evolution Europe.
The complete 2019 MSP 501 list is available at Channel Futures.
The 2019 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected online from 1 March through 31 May 2019. The MSP 501 list recognises top managed service providers based on metrics including recurring revenue, growth and other factors.
In addition to the MSP 501, Informa Tech honours partners with its Channel Partners Excellence in Digital Services award programme. Launched in 2019, this programme recognises partners who deliver stellar business outcomes for their clients.