Why Venture Capitalists Are Down, And MSP Software Companies Are Up

Venture Capitalists Are Down, MSP Software Companies Are UpI just spotted this on The Wall Street Journal’s Business Technology blog:

In a study released Wednesday by the University of San Francisco, Mark Cannice, founder of USF’s Entrepreneurship Program, found that venture capitalists’ confidence is at its lowest level since the university began surveying venture investors in 2004.

But that doesn’t necessarily mean bad news for the managed services industry. Here’s why.

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N-able Reaches Out to MSPAlliance Members

The MSPAlliance continues to build technology vendor relationships to help managed service providers evaluate software at discounted costs or no initial cost. The latest deal involves N-able, and it arrives a few weeks after the MSPAlliance and AdventNet announced a somewhat similar relationship.

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Managed Services Innovation In A Basement

Sometimes, I find the most innovative managed service providers where I least expect them. A case in point: I visited Sytec Business Solutions — a managed service provider in Raleigh, North Carolina — on August 15. The company occupies an old Victorian home a few minutes from the heart of the city. There’s nothing flashy about Sytec Business Solutions or its headquarters.

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Sytec Connects N-able Managed Services to Cisco Unified Communications

Sytec Business Solutions, a managed service provider in Raleigh, N.C., is developing middleware that bridges the gap between N-able and Cisco’s Unified Communications platform, dubbed Call Manager.

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