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Gartner forecasted that global cloud spending will increase 21% during 2023 to reach $592 billion, with $42 million going to cloud management and security. 

Although companies are investing in cloud security, they may not understand who is responsible for which aspects of protecting cloud assets. While the cloud provider takes care of infrastructure security, the customer is usually accountable for securing applications and data. 

To protect their cloud resources adequately, organizations need to assess their cloud security to understand the risk landscape, bridge gaps in security, and meet compliance requirements, as well as to find the right ways to prevent and respond to attacks. 

When companies create disaster recovery plans for their data centers, they think of huge breaches, equipment failures, or natural disasters, such as a wildfire, hurricane, or blizzard. However, the disaster that may cripple their technology systems might be a common side effect of a traumatic event: a power outage. 

Recently, the power grids in Texas and California have experienced major outages due to weather events. If an outage affects the power grid in your area, it could shut down your data center, possibly for an extended period.  

As the climate becomes more volatile, companies must rethink their approach to disaster recovery to avoid costly and damaging downtime after a power outage.  

The market for managed services is booming. Statista predicted that the global market will grow to over $300 billion by 2025. These IT services are outsourced to managed service providers (MSPs) staffed with experts who specialize in service areas so they can augment your company’s in-house IT team

Most IT teams aspire to innovate. They want to use technology to transform the way the company does business. Being a strategic part of the business is rewarding and emphasizes how IT is instrumental to company success.

Cloud services and managed services are not the same thing. A managed service provider (MSP) may provide cloud services, but a cloud provider does not necessarily provide managed services. Cloud services are hosted solutions — such as infrastructure as a service (IaaS), software as a service (SaaS), and platform as a service (PaaS) — while managed  services are outsourced monitoring, management, and support services.

In the past, the reputation of managed services suffered because of myths about the role of managed service providers (MSPs). No, MSPs are not out to take over your IT department, nor or they limited to a break-fix model.