OAKLAND, Calif., Oct. 14, 2019 /PRNewswire/ -- Xantrion Inc. is proud to announce that it 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 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.
Xantrion, Inc. was ranked among the top vertical market MSPs in the financial services sector.
"It's an honor to appear on ChannelE2E's Top 100 Vertical Market MSP list dedicated to recognizing the top performing Managed Services Providers with expertise in specific vertical markets," said Anne Bisagno, President of Xantrion. "I attribute our inclusion to the turnkey, cybersecurity program, we developed for our finance clients."
"After Nines Inc. congratulates Xantrion, Inc. 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 client 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. Find the online list and associated report here: http://www.channelE2E.com/top100
Experts in cybersecurity and technical support, Xantrion provides outsourced IT services for midsized companies in the San Francisco Bay Area. Its team of IT experts brings impeccable technical and business skills to every assignment. Featuring an award-winning strategic approach, SOC2 Type II certified security practices, 24/7 help desk, fixed fees, and a 99.9% uptime record, Xantrion is a proven partner for managed IT and security services.
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 Providers (MSSPs).
For sponsorship information please contact President and CEO Amy Katz (Amy@AfterNines.com). For content and editorial questions contact After Nines Inc. Content Czar Joe Panettieri (Joe@AfterNines.com).Visit ChannelE2E daily ( www.ChannelE2E.com ) and follow us on Twitter (www.twitter.com/ChannelE2E ) and Facebook (www.facebook.com/ChannelE2E ).
SOURCE Xantrion Inc.