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IT, MSP & MSSP Industry Notes for Febraury 14th 2022

 

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February 14th, 2022

Arcoa Group

Why partnering with ARCOA makes sense
Electronics Recycling is an important and profitable part of the IT asset lifecycle, but it can be overwhelming with all you already do, varying state regulations, and the limited resources at hand. That’s where ARCOA comes in. When you partner with ARCOA, you get all the benefits of a big company without any of the capital investment. We’ve been doing this since 1989 and have the expertise, certifications, and nationwide resources to get the most for all your clients’ retired IT assets. Plus, positioning your clients as environmental stewards not only elevates their appeal to consumers, it meets government requirements and avoids fines.

What partnering with ARCOA looks like
Our role is to make it easy for you to bring more value to your clients. We work with you to help stretch your clients’ IT budget by reducing the total cost of ownership of their electronics. We’re experts at identifying and implementing the solutions your clients need for the end-of-use remarketing, recovery, and recycling of their technology assets. The sooner you involve ARCOA, the sooner you and your clients.

Frost & Sullivan Recognizes Kyndryl for Solutions that Enable Fast, Seamless Migration and ...

  • Frost & Sullivan recognizes Kyndryl (NYSE: KD) with the 2021 Global Managed Enterprise Resource Planning Enabling Technology Leadership Award
  • Of its nearly 90,000 employees, 96% complete a variety of learning programs and technical certifications annually.
  • Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of new products and applications

N-able Exec: MSPs Want A Cloud-First Approach

  • Reported on CRN
  • Solarwinds spin-off N-able trying to capture the fast-growing backup market aimed at MSPs
  • Focusing on cloud-first solutions and as-a-service models
  • N-able is the Burlington, Mass.-based Solarwinds MSP business spin-off that focuses on security, management, monitoring and ticketing

TNS Announces Independent 'Managed Services Versus DIY'

Cloud Print Survey

Semiconductor shortages to lessen in 2H of 2022

  • Report published by IDC (International Data Corporation)
  • Expects tight semiconductor supply to continue through the first half of calendar 2022
  • Industry will build up inventory to normal levels in near future
  • Forecasts fabless semiconductor revenues will grow from 41% of the market in 2020 to 49% in 2025
  • 68% of the foundry market is in Taiwan
  • New factories will not come online until after 2022

Ricoh announced it has acquired Axon Ivy Software of Switzerland

  • Maker of digital process automation platform
  • Also has offices in Austria, Germany, Singapore and the U.S.A.

Xerox announced it has acquired Powerland of Canada

  • Managed IT services company

CSP Inc. Reports Improved Fiscal First Quarter Financial Results

  • First Quarter Operating Highlights and Recent Achievements
  • Total revenue increased 9% year over year and 24% compared to Q4 fiscal 2021 driven by higher services revenue
  • Services revenue grew 22% compared to the year-ago first quarter
  • Continued focus on higher margin products and services lead to overall gross margin of 29.2%

Managed IT Consulting Firm Techmedics Opens New Location in Dallas

  • Announced they have opened a new office in Dallas at 3400 Oak Grove Ave. Ste. 362 Dallas, Texas 75204
  • Texas is becoming a new boomtown for many in the tech-related sector
  • Techmedics was founded in 1999 in Los Angeles by James and Helen Moon

Apogee to Host Webinar on Feb. 24, 2022: How Three Colleges Innovate and

  • Will present a webinar on Feb. 24, 2022, focusing on how colleges and universities can effectively innovate and address budget challenges with managed IT services
  • Led by Apogee Executive Vice President Matt Loecke, a panel of campus leaders from Centenary College, Eureka College, and Ithaca College will discuss how they partnered with Apogee
  • Established in Austin in 1999, Apogee is a provider of managed technology service for colleges and universities

Kodak Alaris rolls out new scanners to help organizations meet new upcoming FADGI requirements

  • introducing a new line of Kodak i5250 and Kodak i5850 Scanners
  • To meet upcoming image quality standards required with the Federal Agencies Digital Guidelines Initiative (FADGI)
  • All text-based records submitted to the National Archives and Records Administration (NARA) for permanent archival must be FADGI 3-star compliant by January 1, 2023
  • Kodak i5250 and Kodak i5850 Scanners, users can toggle between FADGI and non-FADGI compliant modes

BCM One's Mike Nowak Captures Coveted 2022 CRN Channel Chief Recognition

  • Announce that CRN, a brand of The Channel Company, has named Mike Nowak, Senior Vice President of Sales, to its 2022 Channel Chiefs list
  • Panel of CRN editors selected the honorees for their channel dedication, industry stature and accomplishments as channel advocates
  • CRN's 2022 Channel Chiefs list will be featured in the February 2022 issue of CRN Magazine and online at CRN.com/ChannelChiefs.

All Covered Achieves CRN Triple Crown Status

  • Announced that CRN, a brand of The Channel Company, has named All Covered, its IT Services Division, as a 2021 Triple Crown Award winner
  • Award celebrates standout solution providers for the impressive accomplishment of being featured on three of CRN’s prestigious lists
  • Fast Growth 150
  • Tech Elite 250
  • Solution Provider 500

IT Systems Engineer Wanted

Stratix Systems

IT Systems Engineer

King of Prussia, PA

Employer est.:$50K - $75K

IT Systems Engineer

2021 brought dramatic growth to Rochester-based business-intelligence consulting firm

  • Founded in 2015, Cause + Effect Strategy is a business intelligence and analytics firm that helps clients achieve data-driven transformations and make more informed business decisions
  • roared back into its customary growth pattern in 2021, driving revenue up 88% over 2020, and nearly doubling its staff, from 8 to 15

What is Business Intelligence Software? Top BI Tools of 2022 - Analytics Insight

  • Business intelligence (BI) software is a collection of business analytics tools used by businesses to retrieve, analyse, and turn data into meaningful business insights, typically in the form of easy-to-read visualisations such as charts, graphs, and dashboards. Data visualisation, data warehouses, dynamic dashboards, and reporting capabilities are examples of BI tool

Onit's InvoiceAI Wins the Business Intelligence Group's Award for Innovative Technology Products

  • announced today that its InvoiceAI has won a 2022 BIG Innovation Award
  • annual business awards program acknowledges organizations, products and people worldwide that bring new ideas to life in innovative ways
  • InvoiceAI uses artificial intelligence to help increase savings and reduce the time corporate legal departments spend on invoice review.

Cyber security market to grow

  • Report published by Technavio
  • Cybersecurity solutions/services market to grow $189.7 billion through 2025
  • CAGR (cumulative annual growth rate) of 14.97%

John Sheehan and Bob Madaio of Sharp Once Again Capture Coveted 2022 CRN Channel Chief Recognition

  • The Channel Company, has named John Sheehan, Senior Vice President of B2B Channel Sales and Bob Madaio, Vice President of Marketing, to its 2022 Channel Chiefs list
  • CRN's annual Channel Chiefs project identifies top IT channel vendor executives who continually demonstrate expertise, influence and innovation in channel leadership
  • CRN's 2022 Channel Chiefs list will be featured in the February 2022 issue of CRN Magazine and online at CRN.com/ChannelChiefs



Cybersecurity Notes

  • The feds announced that cyber insurance sales increase from 26% in 2016 to 47% in 2020, with healthcare vertical having largest spend.
  • Beth Israel Deaconess Medical Center of Boston, Massachusetts notified an unknown number of patients that their PHI was exposed after a cyber attack.
  • Attorney General Peter Neronha of Rhode Island sent UnitedHealthcare Insurance, headquartered in Minnesota, with a number of subpoenas regarding a breach that exposed the PHI of 22,000 patients that are employees of the state of Rhode Island.
  • Julie DeVuono and Marissa Urraro, formerly of Wild Child Pediatric Healthcare of Amityville, NY, were arrested and charged with allegedly using stolen PHI to create and sell fake COVID-19 vaccination cards for $1.5 million.
  • The federal government reported that it is aware of at least 2 million patients having their PHI exposed during month of January, 2022 due to HIPAA breaches across the U.S.
  • Mecklenburg County, North Carolina is being investigated for allegedly exposing PHI of an unknown number of patients due to an email error.
  • Kurt Lee Koenen of Clara City, MN has been reprimanded to illegally accessing the PHI of an unknown number of patients while working as a respiratory therapist.
  • County of Kings in California notified 16,590 patients that their PHI was exposed after a “web server misconfiguration”
  • Kevin Lee of Chula Vista, CA pleaded guilty to stealing identities of Department of Defense employees to gain $244,500.00.
  • The Gregory P. Vannucci Dental Clinic in Ottumwa, Iowa, notified an unknown number of patients that their PHI was exposed after a “network security incident”
  • NHS Management, headquartered in Tuscaloosa, Alabama, which manages 50 long term care facilities in 4 states, notified an unknown number of patients that their PHI was exposed after ransomware attack.
  • Avenue 360 Health and Wellness of Houston, TX notified 12,186 patients that their PHI was exposed after email phishing attack.
  • CareSouth of South Carolina was hit with a lawsuit regarding a cyber security incident that exposed the PHI of 76,035 patients.
  • Dr. Malik Muhammad, a clinical psychologist in Durham, North Carolina, was sentenced to 52 months in prison for stealing PHI of an unknown number of patients to create fraudulent claims totaling $544,067.99
  • Midland University of Iowa notified 13,716 students that their info was exposed after ransomware attack.
  • Wormhole Inc., a blockchain bridge, reports that $320 million worth of cryptocurrency was stolen after cyber attack.
  • Intel Corp. admitted it has issued 226 patches to fix security vulnerabilities in its computer chips in 2021
  • News Corp.(which owns Wall Street Journal, Fox News, etc.) announced it was hit by ransomware attack, which appears to be result of Chinese hackers.
  • Pellissippi State University of Tennessee notified 206,000 students that their info was exposed after cyber attack.
  • Injured Workers Pharmacy of Andover, MA notified 75,771 patients that their PHI was exposed after email phishing attack.
  • iRise Spine and Joint Clinics of Florida notified 61,595 patients that their PHI was exposed after email phishing attack.

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