MSP & MSSP Industry Notes for November 17th 2019

November 17^th, 2019

MSP & MSSP Industry Notes

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Carl Icahn takes stake in HP, pushes for merger with Xerox

• Carl Ichan buys $1.2 billion in HP stock. Ichan also owns a 10.6 stake in Xerox.  The $1.2 billion purchase now gives him 4.2% stake in HP
• Last week Xerox made an offer to of almost close to $33 billion cash and stock offer for HP
• HP has confirmed that they did receive and offer from Xerox

Meriplex is Taking SD-WAN to the Next-Level

• Meriplex headquarter in Houston, Texas and is a managed IT and SD_WAN solutions provider
• Specializes in intelligent networks, cybersecurity, cloud communication for managed services for mid-enterprise market

• Announces collaboration with Dell EMC for newly launched, co-developed SD-WAN solutions that’s powered by VMware

Datto Honored as 2019 CRN® Tech Innovator Award Winner

• Datto headquarter in Norwalk, Connecticut (founded in 2007) is a global provider of IT solutions that are delivered via managed service providers
• Announces CRN®, a brand of The Channel Company recognizes Datto with a 2019 CRN Tech Innovator Award. Cloud Continuity for PC’s took tops honors for the Cloud Data Protection/Disaster Recovery category

Voessing streamlines Collaboration with Foxit PhantomPDFVoessing streamlines Collaboration with Foxit PhantomPDF

• Foxit Software is a provider of innovative PDF products and services located in Fremont, California
• Announces that Voessing (international engineering firm) is using Foxit PhantomPDF for it’s PDF software solution
• Voessing has more than 600 employees and 20 locations around the world
• “Our main requirements for a PDF editor are that it’s easy to use, affordable and that it fits within our international collaborative environment,” said Bernd Gewehr, Head of IT at Voessing.

SilverSun Technologies Reports Third Quarter 2019 Results

• Based in East Hanover, NJ and provides transformational business applications and IT services. Announces third quarter results. 
• Financial highlights for nine months ended September 30^th , 2019 compared to nine months ended September 30^th, 2019
• Total revenues rose 7.2%
• Software sales were $4,898,886
• Services revenues increased 4.4%
• Net income totaled $7,761,987
• As of September 30, 2019, the Company had $10,721,629 in cash and cash equivalents

Zoho targets business productivity and file storage

• Headquartered in Austin, Texas. Zoho Corporation offer comprehensive suite of business software applications. Has more than ten data centers around the globe and boasts 50 million business users
• Launches WorkDrive which provides document management across all Zoho business applications
• WorkDrive is available starting at $2 per user/month. Zoho Workplace is available starting at $3 per user/month.

Bacula Systems Receives Backup and Recovery Deduplication Patent

• Bacula Systems located in Wilmington, Delaware offer scalable backup and recovery software for large organizations, data centers and MSP’s
• Bacula Systems announced today the issuance to it by the US Patent Office of a patent that answers to the increasing needs in the industry for effective and efficient data deduplication.
• The patent for invention number 10,467,197 is for creating a universally deduplicatable archive volume, and is the key part of a complete data deduplication process for backing up and restoring data in the fastest, most efficient manner possible. The technology has application for physical, virtual, container or cloud-based IT environments.
• "This patent protects our technology and allows data workflows to be more effectively managed, reducing time and saving on storage costs. Our customers around the world are already using this technology. This announcement adds confirmation to Bacula Systems leadership in developing backup and restore solutions for large, demanding IT environments," said Frank Barker, CEO, Bacula Systems

SDI Presence Continues Chicago Expansion with Local Hiring

• SDI Presence LLC is an IT consultancy and managed services provider (MSP)
• Announces that the planned Chicago workforce expansion is underway
• Headquartered in Chicago, the firm is actively recruiting over 25 new positions in the remainder of 2019 and anticipates an additional 50 positions in the first two quarters of 2020
• SDI’s job openings include roles that range from Help Desk Support Specialists to Managers who will oversee technical verticals within our core managed services programs. SDI is also looking to hire Project Managers and Business Analysts who have experience working within the Government, Transportation, Utility, and Aviation markets.

The 20 Honors Top Managed Service Providers and Vendors at VISION 2019

• Sixth annual Vision conference was held in Dallas, Texas
• Honors top managed service providers and vendors “The 20”
• “Year after year, our community of MSPs continues to blow us away with their dedication to innovation, growth, and excellence. It’s an honor to recognize their commitment to The 20’s model, and showcase their continued performance and success,” said Tim Conkle, CEO of The 20
• The 20’s 2019 VISION Awards include:
• MSP of the Year - Network Management Solutions
• MSP Business Growth - YourITgroup
• Most Engaged MSP - Byte-Werx
• Support Desk Favorite - Cirrus Technologies
• Ambassador of the Year - John Rutkowski of Bolder Designs
• Best Revenue Booster - Crayon
• Most Disruptive Solution - Huntress Labs
• Most Helpful Vendor - BLOKWORX
• Product of the Year - Cytracom
• Partner of the Year - Crayon

Scantron Announces Launch of affianceSUITE EDU Supporting Education Technology Needs

• Scantron Corporation headquartered in Twin Cities, Minnesota is a national provider of IT solutions for the education industry
• Announces launch of affianceSUITE EDU which is a managed IT solution for the K-12 market
• According to studies conducted by Education Week
  • barely more than half (51%) of school districts nationwide have dedicated technology leads
• Scantron also has locations in North Carolina, Nebraska and Pennsylvania. Scantron is also a wholly-owned subsidiary of Harland Clarke Holdings

Logically Launches SecureCore, a Fully Managed Next Generation Endpoint Security Solution for ...

• Logically headquarters in Portland, Maine. Is a Managed IT Service Provider (MSP) to small and midsize businesses
• ChannelFutures 2019 named Logically as Digital Innovator of the Year
• Launches SecureCore which is a managed security solution which combines Endpoint Detection and Response (EDR) with Security Information Event Management (SIEM)
• “Today’s security threats circumvent conventional Antivirus and Antimalware solutions”, said Jeremy Kurth, CTO of Logically
• SecureCore consists of a family of solutions - SecureCore, SecureCore+ and SecureCoreMax. Each offering can be purchased as a stand-alone managed security service or bundled as part of a complete IT managed services package. The choice of three solutions allows organizations to choose the ideal offering best suited to their needs. All three solutions include:
• Endpoint Detection and Response based on SentinelOne
• Security Information Event Monitoring (SIEM) based on Netsurion
• 24/7 Security Operations Center (SOC)
• End to end managed security services from Logically

The Fix is Faster with Latest Calix Managed Services Release

• Calix is a global provider of the cloud and software platforms, systems and services
• Announces enhancements to the Remote Monitoring Service (RMS)

Enhancements to the service include:

• Centralized control of RMS management functions and access to the Analytics and Reporting Portal in the Calix Service Center
• Customized notification criteria, enabling CSPs to distribute incidents to specific teams based on technology or location
• Self-selection and management of high value accounts within the Calix Service Center which will be displayed on incident notifications to help prioritize and accelerate resolution
• Enhanced Analytics and Reporting Portal that provides user friendly alarm tool tips and links to historical incident notification information.

Tech Data Enters Definitive Agreement to Be Acquired by Funds Managed by Affiliates of Apollo.

• Techdata announces it’s entered an agreement to be acquired
• Apollo Funds will acquire all of the outstanding shares of TechData common stock for $130 per share
• Transaction is worth $5.4 billion
• “Over our 45-year history, Tech Data has grown to become one of the largest and most respected technology distributors in the world. This agreement reflects the significant progress we have made in our strategy of delivering higher value and positions us for continued growth and success,” said Rich Hume, chief executive officer, Tech Data
• TechData ranked #88 on the Fortune 500®
• Apollo is a global alternative investment manager