Industry news

Industry news

XaaS: The Next MSP Revenue Driver

The opportunities for MSPs in this expanding market are profound, opening new revenue streams as services. A formidable opportunity is anything-as-a-service (XaaS), a market that Gartner predicts will hit more than $304.9 billion this year and grow to more than $362 billion in 2022. 

For MSPs, there are real benefits to the bottom line. They can rapidly expand recurring revenue streams and gain an even closer and ongoing relationship with their customers and also with their critical partners in this as-a-service world.

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Why XaaS is on the rise now in 2021

XaaS has grown exponentially during Covid-19 pandemic lockdown, this is because the enterprises appreciate an enhanced IT agility and usability plus accessibility ease, also flexibility, on the fly scalability, higher ROI, speed, limited downtimes, and expanded productivity while leveraging XaaS services model. 

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Forbes: The Surprising Success of XaaS

XaaS revenues were starting to outpace traditional product revenues before the global downturn bought about by the pandemic. The downturn has simply accelerated and amplified that trend.  Read more to learn why its so critical to be developing XaaS offers that supports consumption-based pricing models...  

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