Las Vegas, NV: Intelligent Technical Solutions (ITS) ranks 29th among the Top 250 MSSPs (https://www.msspalert.com/top-250) for 2023, according to MSSP Alert, a CyberRisk Alliance resource.
The Top 250 MSSPs honorees were announced in a live webcast on September 14.
- The complete list and research report are available here: https://www.msspalert.com/top-250
- The on-demand webcast will be available to watch here: https://www.msspalert.com/webcasts
Key findings include:
- MSSP Revenue Growth & Financial Performance: MSSP honorees, on average, expect to generate $56.3 million in revenue for 2023, more than double the number from our 2022 report. However, the 2023 Top 250 reported 2022 revenues averaged $47 million.
- Geography: Honorees are headquartered in 37 different countries.
- Profits: 87% of MSSPs surveyed expect to be profitable for fiscal year 2023.
- Security Operations Centers: 67% have in-house SOCs, 23% are hybrid, 8% completely outsource their SOCs, and 1% are reevaluating their SOC strategies.
- Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2023 include phishing (95%), vulnerability exploits (91%) and ransomware (86%).
- Cybersecurity Solutions: Larger MSSPs were more likely to run their SOC entirely in-house (85%), while just half of our smaller segment MSPs ran their SOCs in-house, and 33% took a hybrid approach (a portion in-house and a portion outsourced.)
- Key Managed Security Services Offered: Almost all of the larger MSSPs (90%) provided 24/7 security event monitoring and response for threat detection use cases on their own. While 61% of the smaller MSSPs provided these services on their own, 35% partnered with another company for these services, and 4% of the smaller MSSPs did not offer them at all.
ITS was ranked 29th among the Top 250 MSSPs for 2023.
“We take great pride in being mentioned among some of the best cybersecurity companies in the country,” said Tom Andrulis, CEO of ITS. “We’ve always set very high standards for ourselves to deliver exemplary cybersecurity services. This honor is a great marker that our team is on the right track and that we should continue to deliver the best service we can to each of our clients.”
“MSSP Alert and CyberRisk Alliance congratulate Intelligent Technical Solutions on this honor,” said Jessica C. Davis, editorial director of MSSP Alert, a CyberRisk Alliance resource. “The Top 250 MSSPs continue to outperform the overall cybersecurity services market in 2023. It’s an indication of the strength of managed security services provided by these specialists at a time when cybercrime has accelerated and threatens businesses of every size and from every industry.”
MSSP Alert’s Top 250 MSSPs list and research report are overseen by Jessica C. Davis, editorial director, MSSP Alert and ChannelE2E.
About Intelligent Technical Solutions (ITS)
Intelligent Technical Solutions (ITS) is a rapidly expanding Managed Security Service Provider (MSSP) that strives to assist small and midsize businesses in maximizing their technology capabilities by offering enterprise-grade security solutions and IT services, such as Managed IT, Cybersecurity, and Business Internet.
ITS has garnered recognition from esteemed organizations such as CRN's Managed Service Provider 500, Expertise.com, ChannelE2E, and other notable names that prove their credibility and influence in the industry.
Learn more about ITS by visiting itsasap.com. You can also follow them on Twitter (@itsasap) and LinkedIn.
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.
