#managed-service-providers

#managed-service-providers

MSPs contribute massively to the UK economy. According to the Government, the UK MSP market consists of an estimated 11,492 active providers, generating an annual combined revenue of £52.5 billion in 2022 and employing an estimated 294,350 full-time employees. While MSPs continue to play a key role for businesses across the country, the demands on today's channel community are continually evolving. Clients are navigating economic uncertainty, hybrid work, cyber volatility and compliance pressures.

The combination of artificial intelligence and exponential data growth presents new challenges for organizations. Many companies struggle with the cost-effective storage of large amounts of data that are rarely used but must be retained for compliance purposes. Focus on compliance The solution focuses specifically on sectors with strict retention requirements. Healthcare providers, financial institutions, law firms, and government agencies often have to retain large volumes of data for years.

Organizations are making substantial cloud investments, but without proper cost visibility and optimization, they're essentially flying blind.