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Iconic IT Ranked Among World’s Most Elite 501 Managed Service Providers

For Immediate Release
Contact: Sitima Fowler, VP of Marketing
Phone: (585) 546-4120

Annual MSP 501 Identifies Best-in-Class Global MSP Businesses  & Leading Trends in Managed Services 

JULY 28, 2020: Iconic IT has been named as one of the world’s premier managed service providers on the prestigious 2020 annual Channel Futures MSP 501 rankings.  

For the 13th year running, MSPs from around the globe completed an exhaustive survey and application this spring to self-report product offerings, annual total and recurring revenues, profits, revenue mix, growth opportunities and company and customer demographic information. Applicants are ranked on a unique methodology that weights revenue figures according to long-term health and viability; commitment to recurring revenue; and operational efficiency.  

Channel Futures is pleased to name Iconic IT to the 2020 MSP 501, ranking the newly formed Iconic IT as #296 out of the top 501 MSPs in the world.  Iconic IT’s CEO, Mike Fowler, remarked: 

“I’d like to start by congratulating all the MSP’s on this list.  I know many of you and I am inspired by your continued success.  As for Iconic IT, our team’s passion for customer’s success helped us continue our growth, even in the midst of merging 4 companies together.  A huge thank you to all those that have pulled double duty in our first year together.  We are blessed to be surrounded by such a wonderful team.  Another huge thank you to our customers, vendors and industry peers for your patience and enthusiastic support.  We wouldn’t be here without you.  We continue our quest to build an iconic company and I believe we are truly Better Together!” 

In the 13 years since its inception, the MSP 501 has evolved from a competitive ranking list into a vibrant group of service providers, vendors, distributors, consultants and industry analysts working together to define the growing managed service opportunity.  

“For the third year running, the applicant pool for the annual MSP 501 has grown year-over-year, making this year’s list the most competitive in the survey’s history,” says Kris Blackmon, Senior Content Director at Channel Partners and Channel Futures. “The MSP 501 leveraged judgment methodology brand-new in 2020 to drill down into not just what makes a big managed service provider, but what makes a great managed service provider. The 2020 winners are truly the best examples of innovation, business acumen, and strategic savvy on the planet. We extend our heartfelt congratulations to the 2020 winners and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of both the 501 and the thriving managed services sector.” 

The data collected by the annual MSP 501 program drives Channel Partners’s and Channel Futures’s market intelligence insights, creating robust data sets and data-based trend reports that support our editorial coverage, event programming, community and networking strategies and educational offerings. It serves as a lynchpin to dozens of programs and initiatives. 

The complete 2020 MSP 501 list is available at Channel Futures.  

Background 

The 2020 MSP 501 list is based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected online from March 1 through June 30, 2020. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors. 

About Iconic IT

Iconic IT is an award-winning Managed IT Service Provider (MSP), providing small and medium organizations with local and responsive IT support services. We feature budget-friendly service plans with coverage as vast as the iconic national parks they are named after. We specialize in fully managed or co-managed IT support, cybersecurity and cloud solutions, strategic guidance, and excellent customer service using our exclusive PROS service model (Proactive, Reactive, Ownership, and Strategic). You are the hero in our IT story, and Iconic IT is your guide. We serve the following local communities: Dallas Fort Worth and East Texas, Wichita Kansas, Buffalo and Rochester New York, Bonita Springs Florida, and Denver Colorado.

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