May 25, 2020   SOURCE: PR NewsWire

CalTech Named to ChannelE2E Top 100 Vertical Market MSPs: 2020 Edition

SAN ANGELO, Texas, May 25, 2020 /PRNewswire-PRWeb/ -- CalTech has been named to After Nines Inc.'s ChannelE2E Top 100 Vertical Market MSPs list and research (http://www.channelE2E.com/top100) for 2020. The annual list and research (hashtag: #Top100MSP) identify and honor the top 100 managed services providers (MSPs) in healthcare, legal, government, financial services, manufacturing and additional vertical markets.

The Top 100 Vertical Market MSPs rankings are based on ChannelE2E's Q4 2019 and January 2020 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, including: 

    --  Honorees generated a combined $1.12 billion in vertical market annual
        recurring revenue (ARR) in 2019, up from $699.1 million in 2018. The
        surge involved organic growth combined with accelerating merger and
        acquisition (M&A) activity.
    --  The most successful vertical market MSPs are zeroing in on financial
        services and healthcare, while MSPs in the legal and manufacturing
        sectors also showed particularly strong growth.
    --  The Top 100 Vertical Market MSPs now manage more than 2.8 million users
        across their customer sites in 2019, up from 2.6 million in 2018.
    --  MSPs consider their top vertical market technology partners to be
        Microsoft (56%), Dell Technologies (22%), Cisco Systems (21%), Datto
        (19%), ConnectWise (11%) and Ingram Micro (11%).

CalTech was ranked among the top vertical market MSPs in Financial Services.

"We continue to be impressed by our team as they execute on delivering exceptional IT support. Receiving this designation further validates how our team always lives out our mission, vision, and values," said Will Welch, CEO of CalTech.

"After Nines Inc. congratulates CalTech on this honor," said Amy Katz, CEO of After Nines Inc. "Vertical market MSPs are uniquely positioned to assist their customers with automation, cybersecurity, e-commerce and business recovery services during this challenging time for the global economy."

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

About CalTech
At CalTech (http://www.caltech.com), we help your organization stress less about IT, allowing you to spend more time taking care of your clients, increasing your security standing, and improving the productivity of your team.

About After Nines Inc.
After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E (http://www.ChannelE2E.com) and MSSP Alert (http://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). 

    --  For sponsorship information contact After Nines Inc. CEO Amy Katz,
        Amy@AfterNines.com
    --  For content and editorial questions contact After Nines Inc. Content
        Czar Joe Panettieri, Joe@AfterNines.com

SOURCE CalTech Software Systems Inc.