Top Stories for Service Providers: CrowdStrike Outage, M&A Trends, Kaseya 365 Update, Compliance Opportunities, and Thrive Acquisition

In the world of cybersecurity and IT services, the past week has been eventful with significant developments that are shaping the industry. Here’s a roundup of the top stories that caught our attention:

1. Full CRA Network Coverage of the CrowdStrike Outage: The recent IT outage caused by an update to CrowdStrike has sent shockwaves through the industry. The CyberRisk Alliance network provided full coverage of the incident, shedding light on the impact and aftermath. MSPs came together to hasten the remediation process, showcasing the power of community support in times of crisis.

2. Cybersecurity, Consolidation, IT Services Driving ‘Robust’ M&A in 2024: Despite a slight dip in M&A activity in the first half of 2024, the North American IT services industry has seen a surge in consolidation driven by cybersecurity solutions. The report from Corporate Finance Associates highlights the robust nature of the current M&A landscape and predicts a further uptick in transactions as interest rates decline.

3. Kaseya 365 Signs 4K MSPs and CEO Voccola Teases Secret DattoCon Announcement: Kaseya’s innovative approach with the Kaseya 365 license has garnered significant interest, with 4,000 MSPs onboard to manage 5 million endpoints. CEO Fred Voccola hinted at a secret announcement at DattoCon, keeping the industry on its toes with anticipation.

4. MSPs: Move Beyond Spreadsheets to Seize Compliance Opportunities: The compliance landscape is evolving, with MSPs being called upon to assist clients in navigating regulatory requirements. Apptega’s report highlights the need for automation platforms to streamline compliance efforts and enhance service delivery.

5. Thrive Acquires The Longleaf Network to Bolster Security Offerings: Thrive’s acquisition of The Longleaf Network aims to strengthen its cybersecurity offerings by integrating local expertise with global capabilities. The move is expected to enhance customer experience and provide cutting-edge solutions to clients in North Carolina.

These stories underscore the dynamic nature of the cybersecurity and IT services industry, where collaboration, innovation, and strategic acquisitions are driving growth and resilience. Stay tuned for more updates on ChannelE2E for the latest insights and news to help you navigate the ever-changing landscape of technology services.