Channel Brief: Moovila’s Smart Schedule, GoTo Introduces New CX Solution, Globant Acquires blankfactor

Recent research from Dell’Oro Group, a telecommunications, security, networks and data center industries analysis and information firm, shows that after a decline, the network security market showed signs of recovery in 2Q 2024, growing 6% year-over-year to reach $5.9 billion.

The rebound broke a six-month consecutive streak of deceleration. This growth was primarily driven by solid demand for cloud-native security solutions and virtual firewalls, which saw a 17% increase. In contrast, hardware-based solutions experienced their fourth consecutive quarter of decline, dropping 2%.

The enterprise network security ecosystem is quickly evolving as businesses shift to the cloud, increase hybrid work, and focus on digital experience, which is exposing new and challenging security risks, according to Mauricio Sanchez, senior research director for Dell'Oro Group, in a statement about the research. Check out more here.

As always, drop me a line at [email protected] if you have news to share or want to say hi!

Grab your coffee. Here's what you need to know today.

Today’s Tech, Channel and MSP News

1. Moovila launches Smart Schedule: AI-driven project automation and management platform Moovila launched Smart Schedule, which delivers supervised autonomous scheduling for MSPs and project teams, the company said in a statement. Smart Schedule is part of the Moovila Perfect Project for MSPs toolset, and powered by Moovila’s proprietary Critical Path Engine, an artificial intelligence that monitors, filters, calculates and surfaces the accuracy of project, team and schedule data to make managing projects clear and easy – even for a project manager (PM) with little experience.

2. NetSPI appoints new VP of worldwide channels: Cybersecurity solutions provider NetSPI has appointed Alvaro Warden as VP of worldwide channels. Warden has more than 20 years of cybersecurity channel experience across domestic and international markets. Alvaro has led, built and enabled channel programs at Invicti Security, GitLab, LogRhythm and HP/HPE Software and, at NetSPI, will focus on investing in NetSPI’s growing partner program. Additionally, Alvaro will lead NetSPI’s channel team, which is set to grow by 75% YoY to support the company’s expanding partner program, according to a statement. Congratulations!

3. Globant acquires blankfactor: IT services provider Globant has acquired blankfactor, an IT service consulting firm for financial services. Blankfactor is a U.S.-headquartered product engineering firm specializing in payments, capital markets, wealth and retirement, and fintech in North America and the UK. It has extensive experience in card issuing, merchant acquisition and securities finance, according to a statement. The company also holds extensive expertise in AWS, Google Cloud, Microsoft Azure, Snowflake and Databricks.

4. Fortinet opens Chicago-based innovation hub: Security solutions firm Fortinet has opened a new Innovation Hub in Chicago, Illinois, which will include a Fortinet Cloud Point of Presence, R&D Center, Executive Briefing Center and Training Facility to drive innovation, collaboration and growth in the region, the company said in a statement. The new hub is part of Fortinet's expansion strategy.

5. GoTo introduces new CX solution: IT management and support company GoTo introduced GoTo Connect CX, a suite of affordable, AI-powered, multichannel customer experience (CX) tools, the company said in a statement. Connect CX combines the GoTo Connect suite of customer communications tools, award-winning phone system and AI enhancements. Connect CX is designed for small and mid-sized businesses (SMBs) as well as companies of all sizes with distributed offices, stores or franchises, the company said. The release follows GoTo's recent addition of 40+ new features across the GoTo Connect portfolio.