Woburn, MA - June 24, 2025 - iCorps Technologies, a leading provider of managed IT services and cybersecurity across the country, has been named as one of the world’s top-performing managed service providers in the prestigious 2025 Channel Partners MSP 501 rankings. The annual Channel Partners MSP 501 list, a technology industry benchmark, ranks companies based on a wide range of metrics including above industry average revenue growth, recurring revenue, high-margin services and innovation including monetizing AI services.
iCorps has earned the #260 position among 501 global Managed Service Providers, marking a significant rise from last year’s #460 ranking. This 37 percent improvement highlights the company’s continued investment in delivering proactive, client-centered IT solutions. By focusing on operational maturity, service excellence, and forward-looking innovation, iCorps reinforces its role as a trusted partner helping businesses thrive in today’s evolving technology landscape.
For the past 18 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing. It is a milestone achievement for any managed services organization to be included on the list. The Channel Partners MSP 501 survey uses a quantitative methodology to rank companies based on their annual revenue, profitability measured by EBITDA, and recurring revenue. The methodology has been developed by a Who’s-Who in the managed services industry.
"The MSP 501 is more than a ranking—it's a reflection of the innovation, operational excellence, and customer-first mindset that drives the world's top managed service providers forward. Earning a place on this list signals to customers, partners, and the broader tech community that these MSPs are setting the pace for the industry and defining what success looks like in today's complex technology landscape," said Robert DeMarzo, Sr. Director of Informa Channels events and digital content.
MSPs that qualify for the list must also pass a rigorous review conducted by the Channel Partners research team and editors. Channel Partners ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency.
"The MSP 501 is the channel industry's unofficial GPS. Customers use it to navigate the over 300K MSP ecosystem, and vendors use it to find the right partners for their GTM strategy,” said Devan Adams, principal analyst at Canalys (now part of Omdia). “Being an MSP 501er puts your business on the map while steering new opportunities to you."
"We are extremely honored to be recognized on Channel Partners MSP 501 list" said Michael Hadley, President & CEO at iCorps Technologies. "We are proud to be established pioneers in the MSP market for over 30 years and continuously strive to enhance our clients' experience, refine the solutions they utilize, and elevate the expertise we offer. We are growing our solution stack and pioneering new offerings in 2025 to meet their emerging needs, and we aim to be among those on the MSP 501 list for many years."
This year’s list is one of the most competitive in the survey’s history. Winners will be recognized on the Channel Partners and Channel Futures websites and honored during a special ceremony at MSP Summit, Sept 15-17, 2025, in Orlando, Fla.
The MSP 501 represents the best in the technology services industry delivering outstanding vendor and platform neutral advice and value to small, midsized and enterprise customers. This year, the average revenue per MSP 501 is $29.4 million with an average recurring revenue of $16 million. These are truly the best of the best. Many of their services and technology offerings focus on customer needs in the areas of AI, cloud, security, collaboration, networking, help desk and remote monitoring and management. The Channel Partners MSP 501 is responsible for keeping their global customers safe, connected and efficient.
Said Kelly Danziger, Informa Channels GM: "Making the MSP 501 isn't just about performance metrics—it's about leadership, vision, and the ability to drive meaningful outcomes for customers. This recognition places these MSPs among an elite group shaping the future of technology services worldwide."
About Channel Partners
Channel Partners is a media and events destination for the information technology and communications industry. We provide information, perspective, and connection for the entire channel ecosystem, including solution providers (SPs), managed service providers (MSPs), managed security service providers (MSSPs), cloud service providers (CSPs), value-added resellers (VARs) and distributors, technology solutions brokerages, subagent and agents, as well as leading technology vendor partners and communication providers.
Channel Partners properties include awards programs such as the Channel Partners MSP 501, a list of the most influential and fastest-growing providers of managed services in the technology industry; the Channel Circle of Excellence, which honors innovative leaders from top channel vendors and distributors; Channel Partners events, which delivers unparalleled in-person events including Channel Partners Conference & Expo and MSP Summit.
Channel Partners is part of Informa Connect, a leading provider of live events, digital content and training for the global business technology community. Through in-depth expertise and an engaged audience community, Informa Connect helps business professionals make better technology decisions and marketers reach the most powerful tech buyers and influencers in the world. Informa Connects portfolio includes more than 450 annual events attended by 12,000 business professionals.
