Inaugural list honors companies building MSP practices
December 17, 2020 (Saskatoon, CANADA) – Vendasta has been named one of the world’s premier managed service providers on the prestigious new 2020 Channel Futures NextGen 101 ranking.
The NextGen 101, an MSP 501 list, features resellers, system integrators, consultants, and other partners with recurring revenues from business models that are diversified beyond managed or cloud services.
“We are seeing rapid consolidation in the MSP, VAR, integrators, resellers and agency channels as they all evolve to meet the demands of business customers,” said Vendasta CEO Brendan King. “There has been a step function increase in demand for e-commerce, remote collaboration, and online learning, and we are proud to be named among the trailblazers providing the required infrastructure and solutions to meet the need.”
“The NextGen 101 is designed specifically to honor partners dedicating resources to building out their practices — all while maintaining the integrity of their core businesses,” said Allison Francis, editor and content producer at Channel Partners and Channel Futures. “Maybe these partners will become the MSP powerhouses of the future. Maybe they’ll continue to expand their managed services capabilities while also devoting resources to core competencies. Or maybe they’ll become a new kind of hybrid partner that isn’t yet even on our radar. We can’t wait to see what these companies will do next, and we’re excited to honor them in a list of their very own.”
The data collected by the annual MSP 501 program drives Channel Partners’ and Channel Futures’ 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 NextGen 101 list is available at Channel Futures.
Vendasta provides an end-to-end commerce platform to 40,000+ customers who sell digital products and services to more than four million small and medium businesses (SMBs) worldwide. These customers include marketing agencies, independent software vendors (ISVs), and media companies. The Vendasta Platform allows these groups to easily adopt new solutions from a marketplace of SaaS technologies that they can sell under their own brand to SMB customers. The platform provides AI-driven marketing automation, sales tools, and an integrated CRM to facilitate go-to-market. It also includes task, orders, and billing management systems to help scale through robotic process automation. SMBs are provided one login for all solutions purchased under a Vendasta customer’s brand. They enjoy an integrated dashboard with prescription, context, and tracking to understand how they are doing and how they can improve performance. Vendasta has a growing team of more than 475 people based in Saskatoon, Saskatchewan, Canada, and has been named one of Canada and North America’s fastest growing companies for five years in a row.
About NextGen 101
The 2020 MSP 501 and NextGen 101 lists are based on data collected by Channel Futures and its sister site, Channel Partners. Data was collected online from Mar. 1 through November 23, 2020. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin, and other factors.
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