A sudden wave of remote working has created an unprecedented demand for security solutions, but a new business report indicates that MSPs could lose vital business if they don’t balance their portfolio services accordingly
Campbell, Calif. — May 21, 2020 — This year marks the third annual MSP Day, a movement Barracuda started in 2018 to celebrate and champion the managed services industry and the changes and challenges it meets with each new year. As has become tradition, today Barracuda launched its latest The Evolving Landscape of the MSP Business Report 2020 to coincide with this year’s event.
For this year’s MSP Day, The Computing Technology Industry Association (CompTIA), a leading voice and advocate of the global IT ecosystem, will be joining Barracuda for the first MSP Day virtual event. CompTIA’s Director of Member Communities, Miles Jobgen, will join Barracuda’s Director International MSP, Jason Howells, and VP MSP Strategic Partnerships, Neal Bradbury, to discuss this year’s report, alongside a host of videos and discussions on the state of the industry.
2020’s report takes a deep dive into the global MSP market, as channel partners the world over are presented with the opportunity to bolster their security offering to better support the new, more vulnerable mobile workforce that has emerged in the wake of the novel coronavirus.
Almost 300 global MSPs were interviewed for this year’s report, spanning the UK, U.S., Germany, Canada, Ireland, Belgium, Australia, and Spain. The findings revealed that regardless of location, MSPs across the globe are facing similar challenges when it comes to provisioning and the growth opportunities around future security offerings.
This year’s findings once again indicate significant positive shifts in MSP perception, growth, and adoption as end users look to recruit cost effective and trusted cybersecurity skills to address their own skills gap and protect their data from increasingly sophisticated cybercriminals.
“Since launching MSP Day, and the corresponding Evolving MSP Landscape report, we’ve witnessed a steady rise in the appetite for managed services throughout the world, which is evident in this year’s findings,” says Brian Babineau, SVP and GM, MSP Solutions, Barracuda. “Among that appetite, security is the most sought after service, particularly given our current global situation and cybercriminals’ willingness to exploit organizations that are suddenly much more vulnerable.”
“Security as a managed service is only going to become more sought after as organizations continue to wrestle with a shortage of skills and adjust to new working conditions, presenting a huge opportunity for MSPs to bolster their portfolios and cement themselves further as vital partners to their customer base,” adds Carolyn April, Senior Director, Industry Analysis at CompTIA. “Despite the skills gap and the pressure of consolidation for many, this report portrays a growing opportunity for the MSPs of the world as adoption of managed services continues to rise — of which security offerings are the leading commodity.”
“Now in its third year, MSP Day has quickly become the event of the year for MSPs looking to capitalize on these and future opportunities,” April continues.
To view the full report and to join in the celebrations for MSP Day, click here: https://barracudamsp.com/globalmspday2020/
At Barracuda we strive to make the world a safer place. We believe every business deserves access to cloud-enabled, enterprise-grade security solutions that are easy to buy, deploy, and use. We protect email, networks, data and applications with innovative solutions that grow and adapt with our customers’ journey. More than 200,000 organizations worldwide trust Barracuda to protect them — in ways they may not even know they are at risk — so they can focus on taking their business to the next level. For more information, visit barracuda.com.
Barracuda Networks, Barracuda and the Barracuda Networks logo are registered trademarks or trademarks of Barracuda Networks, Inc. in the U.S. and other countries.