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Business of Tech: Daily 10-Minute IT Services Insights

Latest episodes

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Jan 23, 2025 • 13min

Trump's Stargate Initiative, Microsoft's New Deal with OpenAI and the Perception of AI

President Trump's bold Stargate initiative seeks to bolster the nation's AI infrastructure with $500 billion, recruiting tech giants like Oracle and Microsoft. Microsoft has reevaluated its alliance with OpenAI, allowing access to competitors, while maintaining unique rights to certain technologies. The use of OpenAI's GPT-4 for sensitive government work signifies a leap in trust for AI in federal operations. Meanwhile, the interplay of AI in daily life reveals a mix of skepticism and opportunity, especially in biotechnology and creative industries.
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Jan 22, 2025 • 13min

Cybersecurity Milestones and Market Shifts, Microsoft's Price Hike and the Push for Windows 11

Explore the Biden administration's strides in cybersecurity compliance for critical infrastructure like pipelines and airports. The arrest of an Army specialist connected to a significant phone record theft raises alarms in the telecom sector. Discover AvePoint's strategic acquisition to bolster its MSP platform in the booming cybersecurity market. On the tech front, Microsoft announces its first price hike in 12 years for the Microsoft 365 bundle, while pushing for Windows 11 upgrades amid ongoing challenges with AI adoption and product performance.
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Jan 21, 2025 • 14min

Small Business Confidence Rises Amid IT Job Cuts and AI Growth

Small business optimism is on the rise, with owners planning to boost compensation despite inflation worries. The impact of AI is reshaping the job market, leading to significant job losses but also the creation of new roles. As IT spending is forecasted to hit $5.61 trillion by 2025, the challenge remains to ensure customers see value amidst potential price hikes. Additionally, workforce development is critical as employee engagement hits a decade low, highlighting the need for businesses to adapt in this evolving landscape.
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6 snips
Jan 19, 2025 • 20min

Transforming Business Strategy: How Cybersecurity and AI Drive Growth with Holly Rollo

In this engaging discussion, Holly Rollo, CEO and tech industry veteran, reveals the pivotal role small and mid-sized businesses play in national security. She emphasizes that cybersecurity isn’t just for federal contractors; vulnerabilities can arise from any third-party connection. Rollo also highlights the necessity of complying with CMMC 2.0 regulations. As businesses transition to digital platforms, she warns about the dangers of outdated technology and shares insights on leveraging AI alongside strong cybersecurity measures for sustainable growth.
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Jan 17, 2025 • 42min

MSSP Pricing Trends: Key Takeaways from the Latest Benchmark Report

Host Dave Sobel engages in a lively discussion with seasoned technology journalist Jessica Davis and veteran industry writer Howard Cohen. The conversation kicks off with an exploration of the recent trend of CEO changes in the tech industry, particularly focusing on notable shifts at companies like Kaseya and ConnectWise. The trio delves into the implications of these leadership changes and speculates on the potential reasons behind them, including possible mergers and acquisitions, as well as the evolving landscape of managed services.A significant portion of the episode is dedicated to the MSSP (Managed Security Service Provider) benchmark pricing report, which Jessica recently published. She highlights key findings, such as the opportunity for MSSPs to offer Virtual Chief Security Officer (vCSO) services, which are currently underutilized. The report reveals that while 100% of MSSPs provide security operations center services, only 57% offer backup and disaster recovery services, raising questions about the foundational services that should be included in security offerings. The discussion emphasizes the need for MSSPs to better define their services and explore pricing strategies to remain competitive in a rapidly evolving market.The conversation shifts to the growing trend of mergers and acquisitions (M&A) in the managed services sector. Jessica notes that while the M&A market for MSPs surged in 2021 and 2022, it has since slowed due to rising interest rates and a limited supply of quality MSPs available for acquisition. This has led investment firms and organizations like Evergreen and The 20 to create their own events to build a pipeline of potential acquisitions. Howard adds that many MSPs are wary of selling to private equity firms due to concerns about employee retention and company culture, which has prompted alternative acquisition strategies focused on preserving the existing workforce.As the episode wraps up, the panelists share their predictions for the first half of the year. Howard emphasizes the importance of professionalism in the industry, advocating for a shift from viewing managed services as a trade to recognizing it as a profession. Jessica highlights the increasing relevance of artificial intelligence (AI) in managed services, noting that MSPs are beginning to explore its applications for both customer use cases and internal operations. The discussion concludes with a call for the industry to embrace these changes and leverage new technologies to drive growth and innovation.  All our Sponsors:   https://businessof.tech/sponsors/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Support the show on Patreon: https://patreon.com/mspradio/ Want to be a guest on Business of Tech: Daily 10-Minute IT Services Insights? Send Dave Sobel a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/businessoftech Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.com Follow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftechBluesky: https://bsky.app/profile/businessof.tech
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4 snips
Jan 16, 2025 • 13min

AI Revolution: Microsoft, Google, and LinkedIn Transforming the Workplace, Like it or Not

Major tech companies are reshaping the workplace with AI integration. Microsoft has revamped its AI chat service for enhanced productivity, while Google offers its AI tools at no extra cost. LinkedIn introduces new features like JobsMatch to streamline job seeking and recruitment. The competitive job market sees a rise in the 'Open to Work' feature. Additionally, with concerns over TikTok, many users are flocking to the Chinese app RedNote, sparking a newfound interest in learning Mandarin.
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Jan 15, 2025 • 12min

FBI Strikes Back: The Takedown of PlugX Malware and LockBit's Struggles

The FBI successfully hacked approximately 4,200 computers across the U.S. to eliminate the PlugX malware, which has been a tool for state-sponsored hackers in China since 2012. This operation, conducted in collaboration with French law enforcement, marks a proactive approach to combating cyber threats and underscores the importance of government intervention in mitigating advanced persistent threats.Sobel also discusses the ongoing struggles of the LockBit cybercriminal organization following a major takedown last year. The U.S. Justice Department's efforts to dismantle LockBit's infrastructure have left the group reeling, with a significant reduction in their operational capacity. This case serves as a powerful example of how coordinated law enforcement actions can disrupt ransomware-as-a-service operations, providing IT providers with a narrative to educate clients on effective ransomware defense strategies.The episode further explores the dual pressures faced by Chief Information Security Officers (CISOs) regarding the adoption of generative artificial intelligence (AI). While a majority of C-suite executives recognize the potential benefits of generative AI, they also express deep concerns about the associated security risks. The Cybersecurity and Infrastructure Security Agency (CISA) has introduced a new initiative aimed at addressing these vulnerabilities, emphasizing the need for effective risk management strategies as companies increasingly integrate AI technologies into their operations.Finally, Sobel highlights the recent developments from Gradient MSP and Citricom, both of which are addressing critical pain points for managed service providers (MSPs). Gradient MSP has launched a Managed Billing Reconciliation Service to streamline billing processes, while Citricom's acquisition of Televi aims to enhance its cybersecurity offerings. These initiatives reflect the evolving landscape of MSP services, where operational efficiency and robust security measures are paramount for success in a competitive market. Three things to know today00:00 Good News Alert: FBI Crushes PlugX Malware, LockBit Stumbles, and Cybersecurity Gains Momentum06:15 Billing, Breaches, and Bots: How MSPs and AI Security Are Tackling 2025’s Biggest Challenges08:58 From Billing to Cybersecurity: Gradient MSP and Cytracom Address Critical MSP Pain Points  Supported by:  https://getnerdio.com/nerdio-manager-for-msp/    All our Sponsors:   https://businessof.tech/sponsors/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Support the show on Patreon: https://patreon.com/mspradio/ Want to be a guest on Business of Tech: Daily 10-Minute IT Services Insights? Send Dave Sobel a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/businessoftech Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.com Follow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftechBluesky: https://bsky.app/profile/businessof.tech
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Jan 14, 2025 • 17min

AI in Action: Bridging the Gap Between High Performers and the Rest

The podcast dives into how AI is transforming business, particularly emphasizing a study showcasing the disparity in performance between top companies and their peers. It highlights the importance of executive backing and collaboration in AI success. Real-world examples, such as a new AI solution in healthcare, illustrate its potential to tackle systemic issues. Additionally, it addresses the discomfort in customer service roles regarding AI adoption and suggests a cooperative approach. Finally, insights on U.S. export controls for AI tech provide a glimpse into regulatory impacts.
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Jan 13, 2025 • 12min

Small Businesses Embrace Digital Transformation Amid Economic Uncertainty

The episode highlights a surge in small business digital transformation initiatives, with over 80% of surveyed leaders either adopting or considering AI technology. This trend is accompanied by a forecasted 40% increase in capital expenditures, reflecting a strong optimism among business leaders regarding future profits and sales. The episode also notes a recovery in the global smartphone market, driven by consumer demand for ultra-premium devices, and a substantial rise in data center spending, primarily fueled by hyperscalers and enterprise investments.The podcast delves into the job market, reporting that the U.S. added 256,000 jobs in December 2024, marking the largest increase since March. Unemployment rates fell to 4.1%, with wages rising by 3.9% year-over-year. CompTIA's report indicates a growth of 7,000 tech jobs in December, despite losses in PC and semiconductor manufacturing. The demand for roles in software development, IT project management, and cybersecurity remains robust, with nearly half of job postings not requiring a four-year degree, suggesting increased accessibility in tech careers.In a significant industry shift, the Computing Technology Industry Association has rebranded to the Global Technology Industry Association (GTIA), focusing on serving the IT channel. This change follows the sale of CompTIA's training and certification business, which will now operate separately. The GTIA aims to maintain affordable membership dues while expanding charitable initiatives in technology. Meanwhile, Kaseya's CEO Fred Voccola transitions to vice chairman, leaving behind a legacy of growth as the company seeks a new leader to navigate its future.The episode also covers recent acquisitions, including WatchGuard Technologies' purchase of ActZero, a threat analysis startup, and 1Password's acquisition of Trellica, a provider of SaaS access management tools. These moves reflect a broader trend of platform expansion within the tech industry. Four things to know today 00:00 Big Wins for Tech: AI Booms, Jobs Climb, and Small Businesses Bet Big on Transformation05:32 From CompTIA to GTIA: What the Rebrand Means for the IT Channel’s Future06:36 Fred Voccola Passes the Torch at Kaseya—What’s Next for the $1.5B Powerhouse?07:56 WatchGuard and 1Password Make Big Moves—Platform Expansion, Security, and SaaS Simplified Appearance on IT Business Podcast https://youtu.be/FCDmm2p_noc?si=WVcUxjLv71vGwjpb  Supported by:  https://www.huntress.com/mspradio/https://mspradio.com/engage/    All our Sponsors:   https://businessof.tech/sponsors/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Support the show on Patreon: https://patreon.com/mspradio/ Want to be a guest on Business of Tech: Daily 10-Minute IT Services Insights? Send Dave Sobel a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/businessoftech Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.com Follow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftechBluesky: https://bsky.app/profile/businessof.tech
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Jan 12, 2025 • 38min

MSPs in the AI Era: A Roadmap to Success

The rapid advancement of artificial intelligence and automation is reshaping the future of IT. This episode explores how managed service providers (MSPs) can leverage these powerful technologies to optimize their operations and deliver exceptional value to their clients.  All our Sponsors:   https://businessof.tech/sponsors/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Support the show on Patreon: https://patreon.com/mspradio/ Want to be a guest on Business of Tech: Daily 10-Minute IT Services Insights? Send Dave Sobel a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/businessoftech Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.com Follow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftechBluesky: https://bsky.app/profile/businessof.tech

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