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BEAR Technologies Ranked on Channel Futures 2022 MSP 501 for the Third Year in a Row
Annual MSP 501 Identifies Industry’s Best-in-Class Businesses
July 7, 2022: BEAR Technologies has been named as one of the world’s premier managed service providers in the prestigious 2022 Channel Futures MSP 501 rankings.
“To be recognized on the world stage as a top Managed Service Provider is a big win for the team at BEAR,” said Yogi Yeager, President, BEAR Technologies. “This is our 3rd consecutive MSP 501 win and is the result of our dedication to our customers and our continued investment into our technology platform. For example, this year we have implemented several new systems to enhance our customers’ experience. These systems include a new ticketing and invoice system as well as a new customer and payment portal.”
For the past 16 years, managed service providers (MSPs) from around the globe have submitted applications to be included on this prestigious and definitive listing. The Channel Futures MSP 501 survey examines organizational performance based on annual sales, recurring revenue, profit margins, revenue mix, growth opportunities, innovation, technology solutions supported, and company and customer demographics.
MSPs that qualify for the list must pass a rigorous review conducted by the research team and editors of Channel Futures. It ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency.
Channel Futures is pleased to name BEAR Technologies to the 2022 MSP 501.
“The 2022 Channel Futures MSP 501 winners are the highest-performing and most innovative IT providers in the industry today,” said Allison Francis, senior news editor for Channel Futures. “The 501 has truly evolved with the MSP market, as showcased by this year’s crop of winners. This is also the fifth consecutive year of application pool growth, making this year’s list one of the best on record.”
“We extend our heartfelt congratulations to the 2022 winners, and gratitude to the thousands of MSPs that have contributed to the continuing growth and success of the managed services sector,” said Kelly Danziger, general manager of Informa Tech Channels. “These providers are most certainly driving a new wave of innovation in the industry and are demonstrating a commitment to moving the MSP and entire channel forward.”
Background
The 2022 MSP 501 list is based on confidential data collected and analyzed by the Channel Futures editorial and research teams. Data was collected online from Feb. 1-April 30, 2022. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.
About BEAR Technologies
BEAR Technologies delivers smart solutions for the modern workforce. Established in 1993, BEAR has evolved into one of the most established Managed Service Providers in Texas. As a SOC 2 Type II audited organization, BEAR meets or exceeds standards regarding information security and best practices. Headquartered in Plano, Texas, BEAR provides enterprise-level IT practices including Managed IT with Help Desk Support, Cyber Security, Compliance Management, Cloud Services, IT Consulting and Solutions Strategy, VoIP and Colocation.
About Channel Futures
Channel Futures is a media and events platform serving companies in the information and communication technologies (ICT) channel industry with insights, industry analysis, peer engagement, business information and in-person events. We provide information, perspective, and connection for the entire channel ecosystem. This community includes technology and communications consultants, integrators, sellers, MSPs, agents, vendors and providers.
Media Contacts
Krista Massat
Administrative Assistant
kmassat@bear.tech