In 2005, a new market emerged when Gartner coined the term "SIEM" OR Security and Information Event Management. Back then, it was a legacy system aggregating event data produced by security devices, systems, network infrastructures and applications. However, it lacked monitoring functionality and was limited to vertical scalability.

Customer trust is the biggest success indicator for MSPs. And yet, it’s only achieved with the right vendor partnerships. MSPs and MSSPs need to choose cybersecurity vendors with tailored and strategic portfolios that can cater to the emerging needs of each customer. Therefore, MSPs need a cybersecurity vendor that both understands this approach and delivers it to offer the greatest possible value. When vetting a cybersecurity vendor, MSPs should look for the following seven features.

According to our Pulse poll, over 50% of MSPs will use vendor consolidation as their strategy to improve profitability. Future profitability. That’s on the mind of all technology leaders, right? But which tactics are best to pursue? Earlier this year we sent a poll asking how MSPs plan to increase their profitability in 2022. Over one hundred responded.

Zero-trust cybersecurity strategies stimulate digital transformation of businesses. As this approach reduces threat risks appreciably, companies have more incentives to make changes to their systems or invest in new technologies. 59% of organizations take this view, according to the Watchguard Pulse Maturity of Zero-Trust in 2022 survey conducted with IT leaders from businesses across the world.

Cyber breaches are everywhere, people are working from anywhere, and data creation is exploding. As a result, businesses want solutions that make data collaboration and governance easier and more secure, and MSPs are at the forefront of this market opportunity. Those opportunities were on full display last week as more than 250 managed service providers, technologists, and Egnyte leaders met virtually—and in-person in London—for Egnyte’s annual MSP Summit.

The standard shipping container is the unsung hero of the modern world! More on that later…