TeamLogic IT Maintains its Strong Sales Growth with an Impressive Q1
TeamLogic IT, a leading managed services provider (MSP), is showing stellar growth after a year when most companies were in the red due to the COVID-19 pandemic. Network sales were up 22% in March compared to March 2020 and up 13% for Q1 2021.
MISSION VIEJO, CALIF. (PRWEB) April 27, 2021 - Q1 closes with 22% comp sales growth and company ranking as one of the fastest-growing private companies in America.
TeamLogic IT is showing stellar growth after a year when most companies were in the red due to the COVID-19 pandemic. Network sales were up 22% in March compared to March 2020 and up 13% for Q1 2021.
“COVID-19 ushered in a golden age for the MSP market,” said Dan Shapero, president and COO of TeamLogic, Inc. “Given the heightened concern around cybersecurity, remote working and the cloud, the demand for essential services provided by MSPs is greater today than ever before. The need for outside help by companies of all sizes is fueling growth for our network of MSPs. We are both excited for and proud of our franchisees for their leadership and strong growth in 2020 and in Q1 2021.”
According to William Blair’s “MSP Market: Entering the Golden Age,” it is estimated that by 2023, the total available market for MSPs will be roughly $200 billion. This is due in large part to the complexity of rising technology and the increase in security threats, especially with the rise of the work-from-home/work-from-anywhere model. As cloud, security and networking increase with these models firmly in place for many organizations, internal IT departments are leaning on companies like TeamLogic IT to offer continuous support.
TeamLogic IT ranked in Entrepreneur magazine’s Franchise 500®, has been recognized as the Channel Futures 2020 MSP of the Year and made the 2020 Inc. 5000 list of the fastest-growing private companies in America. The company was named a “recession proof” business by Franchise Business Review and continues to be attractive to entrepreneurs looking to start their own business even during the COVID-19 pandemic.
TeamLogic IT serves the technology needs of companies of all sizes, and is uniquely focused on proactive, preventative and responsive IT delivered with the highest commitment to quality customer service. The organization focuses on business first, then technology, so that its end-to-end solution fits the needs of any organization.
SOURCE TeamLogic IT
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