Managed Services Merger Creates $60 Million Company
Merger mania continues in the managed services market. The latest example involves PEQ Services + Solutions of Miamisburg, Ohio, merging with Buchanan Technologies of Dallas, Texas. The resulting MSP will have $60 million in annual revenue and 500 employees worldwide. Here’s a closer look.
Top 100 MSPs: Three Trends to Note
We’re set to unveil the third-annual MSPmentor 100 results during our February 10 MSPmentor live webcast. The research identifies 100 of the most progressive, most successful MSPs across the globe. What are some key business trends among those companies? Here are three quick trends culled from the research data.
India Managed Services: Taking Hold?
Level Platforms is expanding its managed services efforts in India. The software company isn’t alone. I continue to hear anecdotal progress about India’s managed services market. But just how large an opportunity awaits resellers and MSPs in India? It depends upon whom you ask.
Level Platforms Looks to Asia
Level Platforms is looking to expand in Asia, where it is building relationships with master MSP partners. Peter Sandiford, Level Platforms’ chief executive officer, called Asia the “next really great market for managed services.” Here’s why.
MSPmentor 100 Survey Attracts Global Response
More proof that the managed services market has gone global: 44 percent of the initial MSPmentor 100 survey participants reside outside the United States. We launched the third-annual MSPmentor 100 survey earlier this week. The survey is free, and managed service providers worldwide can participate. Using the survey results, we will produce the annual MSPmentor 100 report, which tracks the world’s most progressive managed service providers — using a range of financial and business metrics. Here are some more details about the survey.
Kaseya, Tata: India’s Big Managed Services Deal
Kaseya and Tata Consultancy Services see a massive managed services opportunity in India, according to Kaseya CEO Gerald Blackie. In fact, Tata hopes to serve 50 percent of India’s SMB managed services market within 10 years. Here’s some fast math to show what’s at stake in India.
Kaseya Takes Managed Services to China
Kaseya is pushing into China as part of its continued global expansion, according to a report on ChinaTechNews.com. I’ve traded email with Kaseya CEO Gerald Blackie for his thoughts. Read on and check out the comments section for more from Blackie.
India Managed Services: MSPONE Supports Autotask, Level Platforms
A few days ago, I reported NetEnrich veteran Prakash Chaudhari had joined Autotask in India. Turns out Chaudhari has launched a company — called MSPONE Managed Services Solutions — that will represent both Autotask and LPI Level Platforms Inc. in India. The move comes roughly five months after Kaseya expanded its operations in India. Here’s some more perspective on the competitive moves.
China: 16 Percent of VARs Offer Managed Security Services
The managed services wave has reached China, where 16 percent of VARs now offer managed security services to their customers, according to research from AMI Partners. But that’s not all. Several other North American IT trends are taking hold in China. Here’s a look.
Dell: Watch for Global MSP Push?
Greg Davis (pictured) is leaping from Dell’s North American channel chief slot into a new role as Dell’s global channel chief. As an advocate of Dell’s managed services strategy, it’s safe to expect Davis to focus on a global MSP-oriented push. For VARs and MSPs that remain sceptical of Dell, here are a few key points to keep in mind.
Building the Case for Managed Services (In India)
While Europe and the United States struggle with the recession, it’s an opportune time for managed services software providers to set up shop in India, according to Prakash Chaudhari (pictured), the former director of business development at NetEnrich. In his personal blog, Chaudhari offers some compelling arguments for managed services in India.
N-able: Record Managed Services Momentum?
Despite gloomy economic forecasts across much of the globe, N-able Technologies yesterday offered some upbeat perspectives to managed service providers. The Ottawa-based company says 2008 was a “record year” for N-able in terms of revenue, international growth and partner success.
Managed Services: Software Companies Turn to India
During a two-week road trip across North America, multiple managed service providers and software companies told me they are holding up relatively well during the recession. However, many of the sources told me they will be pleased to show “slight” growth in December 2008 vs. December 2007. Those same sources were expecting strong December growth only a few months ago.
Kaseya Opens India Office, Approaches 100,000 Licenses In Region
The globalization of managed services continues. Kaseya last week opened its newest office in Bangalore, India. The company expects to end 2008 with more than 100,000 end-points licensed in that country, positioning India as Kaseya’s fastest-growing region, according to Martin Ashby, executive VP of APAC at Kaseya.
Asia-Pacific Managed Services Market Will Top $10 Billion
Demand for managed services is rising worldwide. We’ve already blogged quite a bit about growth in the US, Europe and Australia. And now, a new report suggests that Asia Pacific organizations will spend more than $10.25 billion on hosted and managed services by 2010, up from $6.47 billion in 2007, according to Frost & Sullivan.
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