MSP TODAY NEWS

Managed Service Provider Week in Review

By Laura Stotler

The big news in the managed services space this week is Birch Communications’ planned acquisition of Cbeyond, Inc. for $323 million. Cbeyond has been steadily growing and expanding its footprint as well as generating a variety of cloud and managed services offerings in an attempt to court more MSP and VAR partnerships.

The purchase by Birch will essentially create a massive provider of cloud, communications and managed services with annual revenues in the neighborhood of $700 million. The combined companies will also offer a national IP network of around 10,000 fiber route miles along with five data centers and 570 colocation facilities.

On the IaaS front, Google is proving to be a worthy competitor to AWS, the current market leader. The companies have been capitalizing on the cloud model of delivering cloud storage and data on a utility-type billing basis, and together their revenues are expected to surpass $40 billion by the end of the decade. The IaaS space is still maturing, however, and powerful competitors like Microsoft, IBM and Rackspace are steadily gaining momentum and marketshare.

Speaking of services, iland announced a new Disaster Recovery Planning and Assessment service this week. Offered on a DRaaS basis, the new solution gives users a comprehensive analysis for planning and executing speedy recoveries regardless of the size of their IT infrastructure.

In funding news, Electric Cloud brought in $4 million this week as part of a total $12 million Series E investment round. The company, which offers continuous delivery solutions, will use the funds to expand its business and revenue shares.

MSP PC Network Services also received an investment this week for an undisclosed amount in support of expanding its services and geographic presence the company named Michael Halperin as its new CEO in conjunction with the new funding.



MSPToday Contributing Editor

SHARE THIS ARTICLE
Related Articles

Sigfox to Open Chicago Hacking House with Focus on the Smart City

By: Ken Briodagh    5/22/2019

Program brings together students and young professionals to develop IoT solutions that will enable the Smart City of the future

Read More

IoT Time Podcast S.4 Ep. 20 Z-Wave Alliance

By: Ken Briodagh    5/21/2019

In this episode of IoT Time Podcast, Ken Briodagh sits down with Mitchell Klein, Executive Director of the Z-Wave Alliance, to talk about connectivity…

Read More

Global Goals: Transformation Through Smart Communities Can Change the World

By: Shrey Fadia    5/20/2019

At an Infrastructure Week event on May 14, Don DeLoach of Rocket Wagon Venture Studios spoke with Chris Rezendes of Context Labs & Spherical Analytics…

Read More

Ready For Disruption? How to Cover Your Assets in Times of Turmoil

By: Special Guest    5/20/2019

When we think about disruptive forces that can impact business, we often think about technological change, emerging competitors, or economic cycles. B…

Read More

Ontario Launches Autonomous Vehicle Innovation Test Sites

By: Ken Briodagh    5/20/2019

Invest Ottawa and the Government of Ontario have launched the Ottawa L5 Connected and Autonomous Vehicle (CAV) Test Facilities.

Read More