Ramsey, May 03, 2019 (GLOBE NEWSWIRE) — Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) and its ITS division, All Covered (All Covered), have been named to After Nines Inc.’s ChannelE2E Top 100 Vertical Market MSPs list and research (http://www.channelE2E.com/top100) for 2019. The annual list and research identify and honor the top 100 MSPs in healthcare, government, financial services, manufacturing, legal, not-for-profit and additional vertical markets.
The Top 100 Vertical Market MSPs rankings are based on ChannelE2E’s Q4 2018 and January 2019 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.
Konica Minolta was ranked #6 among the top 100 vertical market MSPs and was in the top 5 in the financial services vertical. This is Konica Minolta’s fourth consecutive year in the top ten.
This year’s research revealed several key MSP market trends among the Top 100 Vertical Market MSPs:
- Honorees generated a combined $699.1 million in vertical market ARR for 2018, up from $277.3 million in 2017. The surge involved organic growth combined with aggressive merger and acquisition (M&A) activity.
- Honorees are managing nearly one million devices.
- The most successful vertical market MSPs are zeroing in on financial services and healthcare, while manufacturing, legal and not-for-profit vertical activities are accelerating.
“We’re honored to again be recognized by ChannelE2E as an industry leader providing managed IT, Security & Compliance solutions to banks and credit unions,” said Marco Maggio, Vice President of Strategic Services, All Covered. “Our portfolio is both holistic and catered specifically for financial institutions, which continues to garner attention and praise from organizations such as the Independent Community Bankers of America (ICBA) and ChannelE2E.”
“After Nines Inc. congratulates Konica Minolta on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Through a vertical market focus, top MSPs are generating stronger profit margins and increased customer loyalty, while increasingly attracting acquisition and investor interest from peer MSPs and private equity firms.”
The ChannelE2E Top 100 Vertical Market MSPs list and research are overseen by Content Czar Joe Panettieri (@JoePanettieri). Find the online list and associated report here: http://www.channelE2E.com/top100
About Konica Minolta
Konica Minolta Business Solutions U.S.A., Inc. is reshaping and revolutionizing the Workplace of the Future™ (www.reshapework.com) with its expansive smart office product portfolio from IT Services (All Covered), ECM, Managed Print Services and industrial and commercial print solutions. Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for 12 consecutive years, and is proud to be ranked on the Forbes 2017 America’s Best Employers list. The World Technology Awards recently named the company a finalist in the IT Software category. Konica Minolta, Inc. has been named to the Dow Jones Sustainability World Index for six consecutive years. It partners with its clients to give shape to ideas and work to bring value to our society. For more information, please visit: www.CountOnKonicaMinolta.com and follow Konica Minolta on Facebook, YouTube, LinkedInand Twitter.
About After Nines Inc.
After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E (www.ChannelE2E.com) and MSSP Alert (www.MSSPAlert.com). ChannelE2E tracks every stage of the IT service provider journey — from entrepreneur to exit. MSSP Alert is the global voice for Managed Security Services Providers (MSSPs).
- For sponsorship information contact After Nines Inc. CEO Amy Katz, Amy@AfterNines.com
- For content and editorial questions contact After Nines Inc. Content Czar Joe Panettieri, Joe@AfterNines.com
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SOURCE All Covered