As a Managed Service Provider (MSP) every client you have counts on you to keep their networks and IT infrastructure up and running, around the clock. It’s not an easy calling and with the current state of cybersecurity, a lot of things could potentially keep you up at night. For instance, the fact that 95% of cybersecurity breaches are due to human error.1 Or, that the FBI reported losses of $12.5 billion in 2023, up 22% from the prior year.2 Maybe it’s the fact that more than 111 million password attacks happen every day.3
The good news is that MSPs are well positioned for growth. In fact, the global managed services market is expected to grow to more than $387 million by the year 2030.4 But are you prepared for that growth? According to key market insights, “Cyber threats are evolving in both enterprises and government sectors, thus forcing MSPs to develop advanced offerings that can detect and address cyber risks.” One particular focus for MSPs will be offering services that “are easy to deploy and operate. These services drive efficiency, enhance customer experience, and pave the way for innovation on next-generation network services.”4
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