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MSP regulation is crucial for understanding compliance in managed services. Compliance officers play a strategic role in ensuring regulatory adherence. The financial sector presents unique challenges for MSPs due to its regulatory nature. Government oversight is increasing in the MSP sector, particularly for financial institutions. There is significant overlap between self-directed audits and government oversight. Compliance costs are a reality that MSPs must navigate. Many clients sti
Takeaways Michael George has a rich history in the managed services industry. The skills gap is a significant challenge for MSPs today. Automation and AI are key to solving the skills gap. Security remains a critical issue for MSPs. The digital economy presents vast opportunities for growth. MSPs need to simplify their tech stacks to be more efficient. The managed services market is evolving with new technologies. Investments in innovation are crucial for MSP success. Training and awar
Highlights: The number of MSPs is often debated and varies widely. Understanding the definition of an MSP is crucial to answering how many exist. MSPs have evolved significantly since the early 1990s. The shift from break-fix to proactive IT management is a key trend. Historical context helps in understanding the current MSP landscape. The growth of MSPs accelerated between 2004 and 2008. A true MSP makes money when their clients' networks are problem-free. Many companies still operate