Managed Services is the Biggest Growth Driver
Managed services are quickly becoming the new norm in the IT channel. According to research from The 2112 Group and Barracuda MSP, recurring revenue from managed services, particularly managed IT security services, are the greatest growth driver for any channel company.
“As a dedicated business unit, Barracuda MSP works exclusively with MSPs and is dedicated to the success of its MSP partners in the U.S., Canada and overseas. Going forward, Intronis will remain a product name but not a company division.
Barracuda MSP wants to help all Barracuda partners, VARs and MSPs, move to or grow a recurring revenue business model. In fact, in a recent report – “State of North America Managed Services” – by The 2112 Group in conjunction with Barracuda, revealed that nearly two-thirds (64 percent) of channel firms cite managed services as their biggest growth driver.
“So, if you’re a VAR looking to transition to managed services and recurring revenue is where you want to be, or if you’re a current MSP, anything that you can do to make that current recurring-revenue stream stronger, continue to offer services because it will make your business that much better,” Neal Bradbury told us.”
Written by Lynn Haber
> Read the entire article, Barracuda Strengthens MSP Brand, at channelpartnersonline.com.