Business of Tech: Daily 10-Minute IT Services Insights cover image

Wed Jul-26-2023: Positive market for MSPs, the MSP Collective?, and Passwordless under threat

Business of Tech: Daily 10-Minute IT Services Insights

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Introduction

The conference board reported that its consumer confidence index rose to 117 in July, the highest level in two years. The IT managed services industry is experiencing strong global growth with 82% of customers outsourcing some or all of their IT. According to Gartner, worldwide IT spending is expected to reach over $5.1 trillion in 2024.

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