With the COVID-19 pandemic and resulting economic disruption, 2020 was a tough year for launching a business. And yet such times of upheaval, when many things are changing and the old ways of doing business don’t work, can create opportunities for young companies with new idea and new approaches.
This year’s Solution Provider 500, the annual ranking of the largest solution providers by revenue in North America, includes 21 newcomers to the list. That’s fewer than in recent years—not surprising, perhaps given the turmoil of the past year. But that makes these newcomers all the more worth noting. This year’s newcomers include Trox (No. 60), 22nd Century Technologies (No. 88) and T-Rex Solutions (No. 99).
The channel is a key component of the overall IT industry, evidenced by the $403 billion in revenue generated last year by the companies that make up the 2021 edition of the CRN Solution Provider 500.