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C Spire Business Earns No. 5 World Ranking on ChannelE2E Top 100 Vertical Market Managed Service Providers

2023-08-02

Global list recognizes C Spire Business as No. 1 provider of healthcare IT services. C Spire Business is also recognized on Channel Futures 2023 Top 501 List

RIDGELAND, Miss. (August 2, 2023) – C Spire Business ranks among the world’s Top 100 Vertical Market MSPs for 2023, according to ChannelE2E, a CyberRisk Alliance resource.

“We are thrilled that ChannelE2E has ranked C Spire Business among the world’s Top 100 Vertical Market MSPs for 2023,” Suzy Hays, executive vice president for C Spire Business said. “Additionally, we are pleased that Channel Futures has also recognized C Spire Business on its Top 501 List. We have a very customer-focused team, and it is always an honor when our collaborative efforts are recognized nationally.”

The annual list and research report identifies and honors the top 100 MSPs in healthcare, legal, government, financial services, manufacturing, and additional vertical markets. Furthermore, this year’s report revealed key MSP business, security and market trends and affirms that vertical market MSPs have vastly expanded their managed security capabilities.

Among the report findings:

  • In total, the top vertical market MSPs generated revenues of $2.87 billion in 2022 compared to $2.25 billion in 2021, representing a 27.5% increase year over year.
  • In 2022, MSPs consolidated more heavily into two vertical markets in particular – Healthcare and Financial Services/Banking. Healthcare, which was also the biggest market last year, remains the largest, and the biggest mover, increasing from 18% in 2021 to 31% in 2022.
  • Financial Services knocked Manufacturing out of the number 2 slot this year, growing from 13% in 2021 to 23% in 2022.

Rankings are based on annual recurring revenues in specific markets for the calendar year of 2022.C Spire was ranked among the top vertical market MSPs in healthcare.

“ChannelE2E and CyberRisk Alliance congratulate C Spire on this honor,” said Jessica C. Davis, editorial director of ChannelE2E, a CyberRisk Alliance resource. “Vertical market MSPs tend to grow faster and enjoy better margins than the rest of the pack. They are able to specialize, standardizing their technology stacks for their specific vertical markets and training their staff to best serve those verticals, leading to more efficient operations.” ChannelE2E's Top 100 Vertical Market MSPs list and research report are overseen by Jessica C. Davis, editorial director, MSSP Alert and ChannelE2E. Find the online list and associated report: here.

C Spire Business
C Spire Business is a division of C Spire, a privately held telecommunications and technology company. C Spire Business is driven to deliver the best experiences in business IT solutions such as internet, VoIP, cloud, and managed services. Read more news releases and announcements at cspire.com/news. For more information, visit www.cspire.com/business or follow us on Facebook at www.facebook.com/cspire/CSpireBusiness or LinkedIn at https://www.linkedin.com/showcase/c-spire-business/.

About ChannelE2E
ChannelE2E (www.ChannelE2E.com), a CyberRisk Alliance resource, is the leading digital destination for MSPs, IT service providers, channel partners and strategic investors seeking to maximize their business valuations, mitigate business risk and maximize security -- from Entrepreneur to Exit.

About CyberRisk Alliance
CyberRisk Alliance (CRA) is a business intelligence company serving the high growth, rapidly evolving cybersecurity community with a diversified portfolio of services that inform, educate, build community, and inspire an efficient marketplace. Our trusted information leverages a unique network of journalists, analysts and influencers, policymakers, and practitioners. CRA’s brands include SC Media, Security Weekly, ChannelE2E, MSSP Alert, InfoSec World, Identiverse, Cybersecurity Collaboration Forum, its research unit CRA Business Intelligence, the peer-to-peer CISO membership network, Cybersecurity Collaborative, the Official Cyber Security Summit, TECHEXPO Top Secret, and now LaunchTech Communications. Click here to learn more.