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Wow, what a year. In several decades I have never experienced a year like 2016 where so much happened of significance to the managed services profession. It was a bizarre year on many fronts, with a unique political campaign and several global movements all having the potential of impacting MSPs in real and significant ways. Here is a short list of the highlights from 2016.
IT Spending
Despite 2016 experiencing global political uncertainty on many fronts, largely due to a series of national elections and referenda, IT spending remained relatively strong. 2016 saw global IT spending of just over $3.3 billion. This was a slight decline from 2015, which saw a significant disruption in global markets, largely due to the value increase of the US dollar.
IT Services (where cloud and managed services) during 2016 was right at $900 billion, representing a relatively strong 3.9% growth from 2015. In all, MSPs had a good year financially, with end-user demand and spending remaining strong compared to the previous year.