Fourth-Annual List Reveals Leading MSPs in Healthcare, Government, Financial Services, Manufacturing & More
EAST HANOVER, NJ, April 26, 2019 — SWK Technologies, Inc. (SWK) has 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 (hashtag: #Top100MSP) identify and honor the top 100 managed services providers (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.
This year’s research revealed several key MSP market trends. Among the Top 100 Vertical Market MSPs for 2019:
- Honorees generated a combined $699.1 million in vertical market annual recurring revenue (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.
SWK Technologies was ranked among the top vertical market MSPs in Manufacturing.
“SWK stands out among MSPs for our firsthand vertical knowledge and expertise,” said Bill Michael, VP of Operations for SWK Network Services. “Our managed service solutions drawn upon our experience enabling customers to solve their industry pain points and seize the value from their IT investment.”
“After Nines Inc. congratulates SWK Technologies 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
SWK Network Services, the managed services division of SWK Technologies, is an award-winning IT solution provider and network defense resource. In addition to being named to the ChannelE2E Top 100 Vertical Market MSPs list in 2018 as well as 2019, SWK has also ranked in the Channel Futures MSP 501 and the Elite 150 category of the CRN MSP 500.
About SWK Technologies, Inc.
SWK Technologies, Inc. (www.swktech.com) delights its customers and partners by providing solutions and expertise that transform their businesses and enable success. SWK’s Strategic Technology Advisory Team (STAT) provides business management consulting services that help maximize value derived from technology investments. SWK Network Services is a managed network service provider that delivers IT infrastructure management and training, as well as business continuity, penetration testing and data protection solutions. Business Application Cloud Hosting (BACH) is a secure cloud hosting service that supports SWK Technologies’ ERP, CRM, WMS, and other software solutions. SWK’s parent company, SilverSun Technologies, Inc., is publicly traded (NASDAQ: SSNT).
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).