Press Release

LENET Ranked on Channel Futures 2024 MSP 501—Tech Industry’s Most Prestigious List of Managed Service Providers Worldwide

Lenet, a leading IT service provider, has been recognized as one of the world's top managed service providers in the prestigious 2024 Channel Futures MSP 501 rankings.


JUNE 11, 2024: LENET 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 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.

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 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%. 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 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.”

About LENET

Lenet, established in 2005, is a leading end-to-end IT service provider that simplifies digital transformation for businesses across the United States and globally. Specializing in supporting expanding brands in retail, wholesale, manufacturing, and tourism, Lenet elevates IT services outsourcing from a cost to a valuable asset, with a proven track record of achieving key performance indicators. With highly skilled technicians strategically positioned worldwide, Lenet serves as a trusted advisor, providing unrivaled value and exceptional performance to facilitate enterprise growth.

About Channel Futures

Channel Futures is the premier media and events platform for the information technology and communications industry. It provides invaluable insights, connections, and resources for the entire channel ecosystem, including solution providers, managed service providers, and technology vendors.

Experience the difference of working with a top-ranked MSP. Schedule a free consultation with one of our expert sales representatives to discuss how LENET can optimize your IT infrastructure and drive your business forward.

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