The Next Generation List Honors Innovative, Growing MSPs

September 28, 2024: Far Out Solutions has been named as one of the world’s premier managed service providers on the prestigious 2024 Next Generation rankings.

The Next Generation list, affiliated with the MSP 501, honors industry-leading managed service and technology providers who drive a new wave of growth and innovation for the tech channel via ground-breaking solutions delivered to their customers. Many of these MSPs generate recurring revenue from cloud, security, unified communications, and other solutions to small, medium, and large clients.

Due to their growth, drive, and innovation, these MSPs represent the future of the technology channel and IT industry. This year’s Next Generation winners were selected from applications received for the 2024 MSP 501.

Channel Futures is pleased to name Far Out Solutions to the 2024 Next Generation.

“We are honored to be recognized as a Next Generation leader in the managed services space," said Zaid AlChalabi, COO of Far Out Solutions. "Being at the forefront of managed services, creating meaningful business outcomes for our clients, is central to everything we do. This award is a testament to our team's relentless focus on innovation, continuous learning, and a steadfast dedication to providing best-in-class services to everyone we work with."

Channel Futures recognizes the channel partner communities for their innovation and contributions to the IT industry. The Next Generation represents that effort.

“Constant innovation is the lifeblood of the tech industry,” said Dave Raffo, manager of the MPS 501 and Next Generation programs. “These MSPs drive that innovation and build sales and marketing strategies around them. I enjoy watching these companies grow and develop and expect many of them will become among the biggest managed service providers in the industry if they’re not already there.”

The data collected by the annual Next Generation and MSP 501 lists drive Channel Futures’ market intelligence insights. Channel Futures uses these robust data sets and data-based trend reports to support editorial coverage, event programming, community and networking strategies and educational offerings.

“These companies are providing innovative approaches to customer solutions and partner engagement never seen before,” said Robert DeMarzo, vice president of content for Informa Tech Channels. “They drive the future growth of the channel.”

Background

The 2024 MSP 501 and Next Generation lists are based on data collected by Channel Futures online from February to May 2024. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors.

About Far Out Solutions

Far Out Solutions is a market-leading managed service provider (MSP) empowering small, mid-market, and enterprise businesses to generate revenue and improve efficiency with innovative technology solutions. We tailor our dependable IT and security offerings to exceed the unique and evolving requirements of our clients, and pride ourselves on delivering unparalleled reliability and performance to ensure uninterrupted access to mission-critical systems and data.