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MindStream Analytics listed in the 2016 MSP 501, recognized as global leader in managed services

For the second year in a row, MindStream Analytics has been recognized as a global leader in managed services by MSPmentor 2016 edition of the MSP 501, the information technology industry's largest and most comprehensive ranking of leading managed service provider (MSP) organizations. This is the second year in a row that MindStream Analytics has been recognized on the MSP 501, this year landing in the top 200.

"Not only did we make the list this year, but our ranking increased significantly," said MindStream President Lisa Spencer. "We have been the only managed service provider doing application managed services for Oracle Hyperion on this list. Our managed services, through MindStream AppCare and our Business Analytics Alliance stand out among the pack because, alongside our expertise in EPM (Enterprise Performance Management), we are able to provide full end-to-end application services."

MSPmentor made the announcement yesterday on a global call. First unveiled in 2007, the 2016 MSP 501 leverages a new and improved methodology that is being made public for the first time. The new ranking algorithm distinguishes the MSP 501 as the definitive benchmark by which MSP organizations can be compared, year after year. In addition to a ranking on the MSP 501 list, every company that participated in the study has been assigned a score reflecting its intrinsic value. The measure, known as the Clarity Total Service Provider (TSP) score, evaluates an MSP's mix of revenue from various services activities, including consulting, cloud, reselling and managed services.

"The MSP market is evolving and the MSP 501 captures its transition like nothing else," said Aldrin Brown, Director of Content, MSPmentor. "For 2016, we identified metrics and measures that reveal why some capabilities and business models are more valued than others."

The 2016 MSP 501 companies reported combined revenue (based on 2015 sales) of $9.82 billion.

For more information on the 2016 MSP 501 visit MSPmentor, where you can find the complete list and accompanying stories on the survey.

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• 20.5.16