The fastest-growing Managed Service Providers (MSPs) are operating successfully in the £10.5bn UK cloud market to drive an average revenue growth of 12.3% within their own organisations, according to data from a new IT Europa report.
The free to download “High Growth 40: Cloud” report, built on a robust foundation of financial data and candid interviews with industry executives, uncovers the key strategies fueling these MSPs’ extraordinary success.
“To complete this exclusive report, we evaluated a pool of 4,237 UK based MSPs with a significant cloud practices based on partnership credentials and certifications,” said Greg Denholm, Deputy Editor at IT Europa. “This wealth of data allows us to identify the winning strategies that have propelled the High Growth 40 MSPs to achieve outstanding year-on-year growth based on high-value migration projects, predictable income and an enhanced trusted status opening myriad doors for future opportunities.”
The free report includes interviews with senior leaders from Advania UK, ANS Group, Colt Technology Services, Force36 and Nine23, who highlight several key factors for a successful cloud strategy. This is particularly valuable as the cloud landscape shifts and buying behaviours evolve. Richard Swain, Commercial Director at Force36, said: “Clients are asking tougher questions about value, cost transparency and whether everything really needs to sit in public cloud. We’ve noticed a definitive shift towards more thoughtful setups.”
The report examines the importance of flexibility to deliver on the diverse needs of UK businesses. Liz Brown Director of the Enterprise Cloud Solutions Practice, Colt Technology Services, said: “Businesses are looking for ways to maintain flexibility while ensuring control over their data. Hybrid models are becoming common, whereby public cloud is used for experimentation and private cloud for production workloads that require sovereignty, resilience and cost control.”
Aiming to serve as a valuable resource for companies, stakeholders and investors looking to create a compelling cloud offering, it also provides advice on sales, value-adds, staffing, and marketing.
For these detailed insights see the full report.
