12 01732 759725 NEWS : RESELLERS Demand for cloud services drives managed services growth Europe’s IT and business services market had a strong start to 2022, with record first-quarter demand for cloud-based services and continuing momentum in managed services, according to the latest report from Information Services Group (ISG). The EMEA ISG Index, which measures commercial outsourcing contracts with an annual contract value (ACV) of $5 million or more, shows that ACV for the combined market exceeded $7 billion for the first time in a quarter, coming in at a record $7.5 billion, up 21% year over year and up 8% sequentially from the fourth quarter. The UK market continued its strong, post-Brexit recovery, exceeding $1 billion in managed services ACV for the second quarter in a row and the third quarter in the last four. First-quarter ACV was $1.1 billion, 27% higher than the prior year. Steve Hall, President of ISG EMEA, said: “Europe’s combined market has been steadily growing as the region’s demand for cloud-based services catches up with the rest of the world. Growth slowed toward the end of last year but has since bounced back to the levels we saw in the first half of 2021.” EMEA demand for cloud-based services (XaaS) continues to accelerate, with ACV rising 44% to a record $3.9 billion in the first quarter. Following the third straight quarter of 40%+ growth, XaaS now accounts for 51% of the combined market, the highest proportion ever. Within the XaaS segment, infrastructure-as-a-service (IaaS) ACV soared 58% to a record $2.9 billion in the quarter. Software-as-Service (SaaS) advanced 15% to $1 billion, but was 2% off the record fourth quarter. Managed services ACV recorded a sixth straight quarter of sustained high demand, rising 3% to $3.7 billion, with a record 256 managed services contracts awarded in the first quarter, up 15% on last year and up 25% compared to the fourth quarter. The trend toward smaller contracts continued, with a record 151 deals in the $5 million to $10 million range, the smallest band measured by the ISG Index. www.isg-one.com Overall named Scale-up Entrepreneur of the Year Adrian Overall, CEO of CloudStratex, has been named ‘Scale-up Entrepreneur of the Year’ at the 10th annual Scale-up Enterprise Awards. The award is testament to the performance of the IT advisory specialist Overall established in 2019, which is on track to exceed turnover of £20 million and a headcount of 150 by the close of its third year in business, following year-on-year revenue growth of 112%. CloudStratex is dedicated to the implementation of technologies and practices that enable enterprise organisations to achieve operational efficiency, integration and resilience through its own incubation and knowledge transfer techniques. Global clients include MunichRE, LV= and The Ardonagh Group. Adrian Overall, CEO of CloudStratex, said: “In just under three years, CloudStratex has grown from a desire to disrupt and transform the conventional IT consultancy model into a multi-million-pound organisation that has not only taught enterprise organisations to fish (i.e. become self-sufficient), but is also focused on driving the operational resilience, integration and efficiency space forwards.” https://www.cloudstratex.com https://www.enterprise-awards.co.uk Security first for Integrity360 Cybersecurity services specialist Integrity360 has become one of just eight organisations in the UK and Ireland and the first indigenous Irish partner to have been awarded 5* Partner Status by Check Point Software Technologies. In total, Integrity360 has 49 recognised Check Point accreditations including Certified Collaborative Support Partner (CCSP), Maestro Partner and Harmony Endpoint Partner. Brian Martin, Head of Product, Strategy and Innovation at Integrity360, said: “This achievement is testament to our highly capable team and in-depth expertise. Not only does it make us stand out within the partner ecosystem and the cybersecurity industry as a whole, but it also reinforces the confidence that clients should have in us to support and secure their business using versatile technologies that deliver lasting value.” MSPs fill cyber skills gap The cyber skills gap is significantly increasing reliance on external managed service providers, according to the latest survey by the Neustar International Security Council (NISC). This shows that 89% of security professionals have somewhat (45%) or greatly (44%) increased their reliance on external providers due to the ongoing talent shortage and the difficult security environment created by accelerating digitalisation. Survey participants are most likely to be looking for individuals with cloud security skills (64%), followed by network operations skills (55%) and risk management and application development security skills (both 51%). Fewer than three in ten respondents (28%) are actively looking to hire DevSecOps skills. www.nisc.neustar Eficode enters UK market Eficode has entered the UK market with Agile and DevOps consulting services and a managed service for DevOps tools that helps large companies stay compliant and maintain high security standards. The ISO27001-certified Eficode ROOT managed service integrates over 50 DevOps tools, including those of Atlassian, GitHub and GitLab. Ilari Nurmi, CEO of Eficode, said: “Companies across industries now prioritise software development as a critical strategic imperative. We are working with businesses to build successful software organisations and coach them through changes in culture, processes and tools for software development. Together with our partners, we will bring modern practices and tools to customers in the United Kingdom.” (l-r) Tony Irving [COO], Hollie Dittmer [Financial Controller] and Adrian Overall [CEO], CloudStratex
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