Industry Reports

Filling the Gap: Service Providers' Increasingly Important Role in Multi-Cloud/Multi-Tool Success

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4 CloudBolt Industry Insights Report: Filling the Gap: Service Providers' Increasingly Important Role in Multi-Cloud/Multi-Tool Success Still Not Ready To Give Up On Happiness: Despite all the frustration with their current service provider relationships, the good news is that respondents still overwhelmingly believe that MSPs/CSPs can be game-changers in a multitude of ways that can advance their multi-cloud/hybrid cloud/multi-tool efforts and fill the gaps that enterprises have internally. Areas of perceived impact are agility (91%), digital transformation (89%), reduced time to market (82%), and cost savings (81%) just to name a few. The big takeaway here? Respondents have not given up on the promise of MSPs/CSPs…the majority simply do not believe they have found the right one yet. 91% 82% 89% 81% Areas of Perceived Impact AGILITY DIGITAL TRANSFORMATION REDUCED TIME TO MARKET COST SAVINGS Love At Any Price…Or At Least A Premium: The big take-away for MSPs/CSPs is that if they aren't adding the new capabilities and services identified in this report, not only are they highly susceptible to churn, they're leaving money on the table – lots of it. A whopping 97% said they would be willing to pay a premium to a service provider who delivered on the current short-comings they identified with their current vendor; 79% said they would pay 5% OR MORE (refer back to Key Finding #4 for the list of capabilities that service providers need to improve upon/add). 83% of respondents want their service provider to embrace sustainability Doing The Right Thing Is Highly Attractive: IT's role in sustainability to be good stewards of the Earth's resources is no longer a fringe consideration. The reality is that enterprises are on the hook with their Boards, shareholders, and stakeholders to reduce carbon footprints and become more energy efficient. Companies see MSPs/CSPs as key partners in the sustainability equation, too, and that is driving business decisions as a result. 83% of respondents agree that it is important that the service provider they do business with embraces sustainability. The is yet another data point in our on-going Sustainability research proving that "going green begets green".

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