Security News > 2020 > August > What is the impact of the pandemic on managed services providers?

A new SolarWinds study revealed the operational impact of the current pandemic on managed services providers and future growth opportunities in the market.

Operational impact of the pandemic on managed services providers 59% of surveyed MSPs have applied for government financial relief programs, with 74% receiving the help they needed.

65% of MSPs do not anticipate making any pricing changes to their managed services package in the long-term.

The next 12 months MSPs continue to see security services as a crucial growth factor for advancement along with cloud services - 51% are set to increase their security services and 47% plan to increase cloud services sales.

Companies operating in a managed services business model show more confidence and expect stronger revenue growth than companies operating primarily in the break/fix business model.

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