Navigating growth: How distributors empower MSPs in today's business landscape
As an IT solutions provider or Managed Service Provider (MSP), the industry landscape can be daunting, with demands for services continually on the rise and client preferences constantly evolving. In fact, according to recent projections, one in four MSPs anticipates revenue growth exceeding 20 percent in 2024, while 30 percent expect growth between 11 percent and 30 percent.
Amidst this rapid growth, MSPs are actively seeking ways to efficiently manage operations while meeting changing client expectations, taking into consideration different types of partners and vendors that can support them as they work to keep pace with the rapidly changing market.
How MSPs can help you harness the power of generative AI
Generative AI and large language models (LLMs) like ChatGPT are a scorching hot topic right now, and for good reason. A recent MIT study shows that LLMs can improve worker productivity by 50 percent in white-collar settings. Consequently, more than half of C-suite members globally (56 percent) feel pressured to adopt comprehensive GenAI tools during the next year -- yet two in three fear the consequences of rapid GenAI adoption, particularly as it applies to disinformation and data governance.
Leaders are overwhelmed by the prospective benefits -- and consequences -- of adopting GenAI. They may be surprised to learn that a managed service provider (MSP) can assuage their worries and prepare their organization for this newest iteration of digital transformation.