Archive for May 2023
Best Practices for MSPs in Talent Recruitment
As a Managed Service Provider, the success of your operations largely depends on the skills and expertise of your team. Therefore, hiring the right talent is crucial for your long-term growth and success. Here are some best practices and key points for MSP owners to consider when recruiting talent: Clearly Define Roles and Responsibilities: It’s…
Read MoreThe Power of Cyber Insurance For MSP Growth
In the hyperconnected digital landscape, security threats are an ever-present concern for businesses of all sizes. MSPs are increasingly being called upon to not only manage and optimise their clients’ IT systems but also to fortify them against an expanding range of cyber threats. A unique way MSPs can elevate their competitive advantage in this…
Read MoreCalming Clients’ Confusion
Managed Service Providers (MSPs) play a vital role in the IT ecosystem by streamlining operations and managing complexities for their clients. One area where MSPs significantly add value is in vendor management, which can often be a daunting task for businesses. Vendor Diversity A myriad of IT services and products are required to run a…
Read MoreMSPs: Competitive Advantage
Leverage Distributor Relationships… Managed Service Providers are increasingly turning to cloud distributors as strategic partners to create competitive advantages in the rapidly evolving IT marketplace. A cloud distributor is more than just a transactional intermediary; it can be a valuable ally for MSPs, offering unique advantages that can help MSPs stand out from the crowd.…
Read MoreCyber Insurance Costs HOW MUCH ???
Five crucial reasons a cyber insurance policy justifies the financial outlay: 1 – Cyber risk is a business’s most significant liability.In our digital era, businesses are dependent on digital assets instead of physical ones, making them susceptible to cyber threats, often ranking as the top risk for most companies. Given the frequency of cyber events…
Read MoreM&A Outlook
Opportunities and Challenges for Managed Service Providers in 2023 Despite facing a series of geopolitical disturbances, the global mergers and acquisitions (M&A) landscape is expected to remain resilient in Q2 2023, according to Intralinks’ Deal Flow Predictor. Specifically, M&A activity is forecasted to be steady compared to Q1 2023 and show considerable growth when contrasted to Q2…
Read MoreWhy MSPs should integrate ESG Into Their M&A Strategy?
What is ESG? ESG stands for Environmental, Social, and Governance. It’s a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Environmental criteria consider how a company performs as a steward of the natural environment. It includes factors such as a company’s energy use, waste, pollution, natural resource…
Read MoreYour MSP Sale And ‘Earnouts’
In a deal structure known as a “earnout,” a portion of the acquisition price of a firm is postponed and dependent on its future performance. Earnouts can provide a number of advantages to both buyers and sellers, including the chance to spread out the final purchase price over time and pay less up front. To get at a deal…
Read MoreNew AI That Generates 3-D Models From Text
The Shap-E AI system from OpenAI (creators of ChatGPT) and available for open-source download, can create 3D models from text. What Is It? According to the Cornell University researchers behind the system, Shap-E is “a conditional generative model for 3D assets” which, unlike other 3D generative models “generates the parameters of implicit functions that can be rendered as…
Read MoreWant A .Dad Domain For Father’s Day?
Here we look at most of the modern top-level domains and their uses, along with the advantages and disadvantages of choosing a newer, lesser known, or more specific TLD for your website domain name. What Are Top Level Domains? Top-Level Domains (TLDs) are the highest level in the hierarchical Domain Name System (DNS) structure of…
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