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5 Channel Partner Program and MSP Market News Updates: 08 September 2022

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TOKYO, JAPAN – MAY 20:  Barista Takaya Hashimoto prepares a cafe latte at a local specialty coffee shop on May 20, 2016 in Tokyo, Japan. With the rise of specialty coffee shops opening all over the world in recent years, Tokyo’s coffee culture catches on to offer quality coffee to like minded people across all walks of life. (Photo by C...

Greetings and salutations. Here are five (actually, more) technology news updates, insights, chatter, and plenty more to start your day for Thursday, September 8, 2022. Sip up.

What’s In Our Daily Brew?

  • Who We Serve: Content for managed services providers (MSPs), IT service providers (ITSPs), cybersecurity consultants, technology solutions providers (TSPs), systems integrators, VARs, independent software vendors (ISVs), distributors and any other partner acronym that further caffeinates our already stellar SEO.
  • Frequency: Typically every business morning.
  • Reaching the Barista: Send news, tips and rumors to Executive VP & Editorial Director at [email protected].

A. Today’s Technology, Channel Chief and MSP Partner Program News

1. MSP Sales Consulting - Growth: The Wiser Agency, a sales and marketing coaching firm that supports MSPs, has landed on the Inc. 5000 list.

2. MSP Software – Microsoft 365 Security: Venture capital and private equity firm Insight Partners has invested $22 million in SaaS Alerts, a cybersecurity company that promotes cloud application security software to MSPs.

3. MSP Software - Email Security: N-able Mail Assure now features Private Portal, an extra layer of email security to help protect critical business data, the MSP software provider said.

4. MSP Data Protection - Partner Program: Redstor, a cloud-first backup platform for MSPs, has unveiled a new All Access Partner Program. It offers MSPs co-branded online marketplaces to "simplify and accelerate the sales process, including sales, marketing and technical support, attractive NFR and discount pricing, and a new Partner Advisory Board for exchanging insights with peers," the company said.

5. Cloud Managed Services Spending & Market Forecast: The cloud managed services market will generate a 10.37 compound annual growth rate (CAGR), Technavio forecasts. Still, the news isn't all good for MSPs. Much of the spending growth will funnel directly to Amazon Web Services, Google Cloud and Microsoft Azure, the research found.

6. Cloud Managed Services - Healthcare: CloudWave remains in growth mode -- though actual revenue and profit figures are undisclosed.

7. Distribution: Keep an eye on the Ingram Micro Xvantage platform, which is rolling out to the United States and Germany now, with rest-of-world expansion planned for early 2023. Xvantage essentially is a single platform that unifies the buying and support experience for channel partners.

8. Partnership - Behavioral Intelligence: DTEX Systems and GuidePoint Security have partnered to ensure customers gain "real-time contextual behavioral intelligence needed to answer the Who, What, When, Where, Why and How related to any potential insider threat situation, compromised account event, or data loss scenario without invading an employee’s personal privacy," the companies said.

9. Partnership - Ransomware Mitigation: HYCU and Wasabi have announced a data protection partnership to combat the rise of ransomware attacks.

B. Annual Channel Partner Conferences and MSP Summits

Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.