For the third year in a row, NetStandard has been named to Nine Lives Media’s MSPmentor list of the world’s top 501 managed service providers. The list, which is in its seventh year, is designed to identify top-performing managed service providers around the world, with subsections that include a Global Edition, a North America Edition, Small Business Edition, European Edition and more.
NetStandard is ranked 63rd in the world out of 501 companies on the MSPmentor Global Edition list and 49th in North America out of 200 companies on the North America 200 Edition list. NetStandard’s continued growth in its managed services practice, called Clarity, helped the company jump up six spots from 2013 on the global list and three spots on the North America list.
NetStandard is the only company headquartered in the Kansas City metro area listed in the top 100 on the North America 200 Edition list and the only company headquartered in the Kansas City metro to crack the top 150 positions on the Global Edition list.
The report, which is based on data from MSPmentor’s annual global online survey, recognizes the top managed service providers based on a range of metrics, including annual managed services revenue growth, revenue per employee, managed services offered and the number of customer devices managed. The results are designed to rank managed service providers based on annual recurring revenues, dollar growth, percentage growth, and devices managed, among other items.
The managed service providers on this year’s list lifted their combined annual recurring revenues beyond $2.61 billion, which continues seven consecutive years of strong growth. In all, the managed service providers on the list now manage more than 700,000 servers.