What to Look for in a Managed Service Provider
Here are five areas you can research to find a managed service provider that is right for your organization.
Here are five areas you can research to find a managed service provider that is right for your organization.
The best-managed service solution paired with a top-managed service provider means your operations are more resilient.
As managed service providers (MSPs) at the helm of keeping organizations secure, taking proactive steps toward cyber hygiene is more vital now than ever. Maintaining an up-to-date and healthy environment is impossible without regularly updating software agents. Updating these tools improves operational efficiency, reduces IT ticket volume, and defends against known or potential new vulnerabilities in your clients' systems.
Like previous years, 2022 was marked by the relentless rise in cybersecurity threats, resulting in higher investment in cybersecurity solutions and managed services (MSP). According to Canalys Q3 2022 data, despite deteriorating economic conditions, the global cybersecurity market grew 15.9% year-on-year to $17.8 billion. Channel sales accounted for 90.6% of the overall market and were up by 15.9% compared to 2021, outpacing direct sales.
MSPs are becoming critically important. The difficulty of finding security specialists and the high costs of managing their own security have led medium-sized companies to hire MSPs to keep their digital security up to date while they focus on their business. Growth in the MSP market means buyers are now showing interest. We are frequently seeing large and small MSPs being acquired by other larger managed services companies or private equity firms.
Adopting robust processes to identify, classify, remediate, and mitigate vulnerabilities before attackers can exploit them is a new imperative in corporate environments. An efficient, proactive cybersecurity strategy must be multi-layered and able to consider challenges from all angles. Although increasing the number of solutions deployed to protect the attack surface may appear to be the answer, the opposite is true.