Here are five (actually, more) technology news updates, insights, chatter, and plenty more to start your day for Friday, July 29, 2022. Sip up.
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A. Today’s Technology, Channel Chief and MSP Partner Program News
1. Avaya Board Ousts CEO, Cuts Costs: The Avaya CEO change and apparent layoffs come amid a big revenue and earnings shortfall at the UCaaaS (unified communications as a service) company.
2. Managed Microsoft Azure Cloud Services: ePlus has launched ePlus Cloud Managed Services (ECMS) for Microsoft Azure. The service allows ePlus to help "optimize cloud costs and leverages proven security best practices to reduce risk."
3. Talent - Managed Microsoft Services: Logicalis US has hired Mike Stipe as VP of its Microsoft practice.
4. MSP Compliance: Fixed Fee IT has completed its SOC 2 Type II audit for the third year in a row and received an audit with no exceptions, the MSP reported.
5. IT Consulting Break-up: Ernst & Young’s effort to split its audit and consulting businesses has been slowed by a change in its U.S. leadership, as well as complications over its multibillion-dollar debts, The Wall Street Journal reported.
6. IT Services - Financing: Converge Technology Solutions has refinanced its existing $300 million ABL credit facility with a new five-year $500 million global revolving credit facility led by J.P. Morgan and Canadian Imperial Bank of Commerce. Bank of Nova Scotia, the Toronto-Dominion Bank, and the Bank of Montreal participated in the lender group. The move comes as CTS continues to acquire various MSP and IT solutions provider businesses.
7. Partnership - Government Cybersecurity: Carahsoft has agreed to serve as CloudCover’s Master Government Aggregator. The result: CloudCover’s risk transfer insurance products are available to the Public Sector through Carahsoft’s reseller partners and on various NASA contracts.
8. Partnership - Unified Communications: Mitel has signed a distribution agreement with ATS Networks to provide unified communications and collaboration solutions to resellers across French-speaking Africa, the companies said.
9. AWS Financial Results: Amazon's stock rose sharply amid strong AWS quarterly financial results.
B. In-Person Channel Partner Summits & MSP Conferences
- CompTIA ChannelCon (August 2-4, Chicago, Illinois)
- Black Hat USA (August 6-11, Las Vegas)
- VMware Explore 2022 (formerly VMworld, August 29-September 1, San Francisco)
- Join Us: MSSP Alert Live 2022 (September 19-21, Washington, D.C.)
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- Add Your Annual Event To Our Calendar: Submit it here for consideration.