Monday Morning Impact – May 30

Published On: May 30, 2016Categories: Buzz, Uncategorized

Cloud Managed Services Market Expected to Grow to $76.73 Billion by 2021

If you’re seeing high growth in demand for cloud-based managed services, a new study from “Research and Markets” points to a trajectory that would more than double the current numbers in the next five years

The organization estimates that the cloud managed services market will grow from USD 35.54 billion in 2016 to USD 76.73 billion by 2021, at an estimated CAGR of 16.6% from 2016 to 2021, driven largely by increased SMB adoption combined with the increasing trend of mobile devices and big data analytics.

The managed mobility services segment is expected to grow with the highest CAGR during the forecast period. With the increasing usage of smart phones, tablets, and other mobile devices, the prospects of managed mobility services have also increased across diverse industry verticals for enhanced productivity, data security, and privacy.

North America holds the largest market share in 2016 while APAC is the fastest-growing region in terms of CAGR. With the companies rapidly outsourcing IT related functions to the countries in APAC, the cloud and managed services models have become extremely important as they enable better productivity and cost effectiveness. Therefore, the market is witnessing a high demand. Moreover, North America, being the most advanced region in cloud technology, has higher a rate of adoption of managed services than the other regions due to increased organizational and communication activities.

Channel Impact®
This data underscores the need for channel partners of all types to develop and refine their skills and go-to-market strategies supporting this rapidly growing business model.

Platform9 Launches Channel Private Cloud Partner Program

Platform9, a Sunnyvale, Calif.-based private cloud company, has rolled out a channel partner program designed for resellers, service providers and systems integrators focused on OpenStack private clouds.

“Platform9’s unique SaaS-based OpenStack solution enables partners to deliver immediate value to their customers while enhancing their status as a private cloud ‘trusted advisor,'” said Adam Ulfers, Platform9 vice president of sales. “Most importantly, we can help increase our partners’ share of cloud spending by extending their solutions and services as they build out their customers’ data center ecosystems.”

The program provides access to Platform9’s sales and marketing support, joint marketing and demand generation programs, deal registration and compensation on all contracted services.

Channel Impact®
The new program is geared towards attracting channel partners who are looking to leverage OpenStack as a means of cutting costs for customers wanting to leverage the efficiency of the cloud while still capitalizing on their legacy investments.

Avnet and Arizona State University Launch Innovation Lab

Avnet, Inc., the Phoenix-based IT distributor, has announced a new partnership with Arizona State University (ASU) to create the Avnet Innovation Lab, which is designed to spur economic growth in the technology sector and enable aspiring entrepreneurs to advance their innovations. The lab will provide critical business consultation and venture support to entrepreneurs developing new technology.

Avnet will exclusively support the lab with an annual commitment of $250,000 plus administrative expenses for three years. The donation will award funding to select entrepreneurs, or performers, to accelerate their ideas and take their inventions to the next level. Avnet and ASU will also provide mentorship and critical connections for performers to bring their technologies to market, as well as offer dedicated lab space in the school’s Ira A. Fulton Schools of Engineering.

“The technology industry exists because of those individuals driven by an entrepreneurial spirit, but every inventor needs support to bring their ideas to life,” said MaryAnn Miller, senior vice president, chief human resources officer and corporate marketing & communications for Avnet, Inc. “We created the Avnet Innovation Lab at ASU’s Ira A. Fulton Schools of Engineering to give today’s entrepreneurs access to the combined consulting services, facilities and resources of a Fortune 500 company and one of the most innovative schools in the U.S. Avnet and ASU share a passion for innovation and life-long learning. Together, we will inspire those advancing technology to make the world a better place.”

Channel Impact®
Enhancing the ability of students to translate their entrepreneurial spirit into actual technologies is an admirable objective.

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