GARNER, N.C., Nov. 28, 2017 (GLOBE NEWSWIRE) -- CloudJumper, a leading Workspace as a Service (WaaS) platform innovator for agile business IT, today revealed five trends the company expects to see an increase in throughout 2018 that will modify the business landscape for MSPs in 2018. The supporting data behind these forecasts originates from discussions with many of the company’s one thousand plus IT service provider partners and research data from top IT research firms.
According to ResearchandMarkets, “The managed services market is expected to grow from USD $152.45 billion in 2017 to USD $257.84 billion by 2022, at a CAGR of 11.1%. IT budget constraints for installation and implementation of required hardware and software, limited IT support to manage and support managed services, and the need for greater scalability are major factors that are likely to drive the adoption of cloud managed services in the coming years. Additionally, the cloud-based deployment model offers greater agility than on-premises solutions.”1
In observing the market and maintaining close contact with many of the company’s one thousand plus MSP partners offering Workspace as a Service (WaaS) solutions, it is clear that there are many emerging trends running in parallel that will increase over the next 12 to 18 months. CloudJumper has analyzed the trends with the greatest potential impact on the market and expects the following five areas to drive change as customer purchasing patterns in major sectors evolve.
“The demand for managed services has never been higher, but service providers must keep an eye on emerging trends to avoid significant revenue drops caused by changes in the market,” said JD Helms, president, CloudJumper. “We invite MSPs interested in learning more about how these trends will impact their organization to contact our team for a portfolio review and strategies for bulletproofing and strengthening their businesses against such trends.”
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About CloudJumper
CloudJumper is a workspace as a service (WaaS) platform innovator for the agile business. The company is run by a group of industry pioneers who helped cultivate the cloud computing industry from the earliest days of the millennium. Over its history, the team built its nWorkSpace WaaS solution working with strategic partners such as Microsoft, Intuit, Google, and others. CloudJumper continues to innovate for today’s cloud market. The company recently introduced the most robust, ground-to-cloud partner portal, allowing for complete end customer management, and the industry’s fastest customer migrations with JumpStart. CloudJumper markets its solutions exclusively through the channel, offering both white label and agency programs. For more information, visit About CloudJumper.
CloudJumper Agency Contact:
Joe Austin
The Ventana Group
512-531-9119
jaustin@theventanagroup.com
https://www.linkedin.com/company/the-ventana-group
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1 ResearchandMarkets, Managed Services Market 2017 – Global Forecast to 2022, September 13, 2017, http://www.businesswire.com/news/home/20170913005656/en/Managed-Services-Market-2017---Global-forecast
2 IDC, Worldwide Public Cloud Services Spending Forecast to Reach $266 Billion in 2021, July 18, 2017, https://www.idc.com/getdoc.jsp?containerId=prUS42889917