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Business of Tech: Daily 10-Minute IT Services Insights

Latest episodes

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Dec 30, 2024 • 19min

Navigating Compliance, Cybersecurity Investment, & Decision-Making w/ Jared Casner

The discussion begins with Jared Casner sharing his journey into the channel, highlighting a pivotal shift from direct sales to working with Managed Service Providers (MSPs). Initially targeting small businesses with a compliance-as-a-service platform, Jared and his team quickly realized the importance of MSPs in deploying their solution effectively. This realization led them to invest time in understanding the channel, attending conferences, and learning from their MSP partners.Jared elaborates on the challenges small businesses face regarding compliance and security, drawing from his extensive experience as a CTO in finance and healthcare. He emphasizes the pain points he encountered while building security programs from scratch and the lessons learned along the way. The conversation reveals that the genesis of Blacksmith InfoSec stemmed from a desire to create software that simplifies compliance processes, making them more accessible and affordable for small businesses.The episode delves into the concept of viewing security as an investment rather than a cost. Jared explains how early investments in security can lead to long-term benefits, akin to a 401k approach. By embedding security into the organizational culture, businesses can foster a proactive mindset among employees, reducing the likelihood of security breaches. This proactive approach not only mitigates risks but also enhances operational efficiency, allowing businesses to respond more effectively to compliance demands and potential threats.As the discussion progresses, Jared shares insights into risk management and the importance of tailored solutions for different businesses. He discusses the need for a scoring system that helps organizations understand their risk levels and prioritize compliance efforts. By providing a phased compliance roadmap and risk assessments, Blacksmith InfoSec aims to empower MSPs to guide their clients in making informed decisions about their security investments. The episode concludes with Jared reflecting on the decision-making framework that drives their product development, emphasizing collaboration and strategic planning to meet the evolving needs of their partners and 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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Dec 29, 2024 • 15min

Navigating Compliance Complexity: MSPs, Cybersecurity, AI, and Business Outcomes with Josh Hoffman

Host Dave Sobel engages in a thought-provoking conversation with Josh Hoffman, the Chief Revenue Officer at ControlCase. They delve into the complexities of compliance in the regulatory landscape, particularly in the United States, where a patchwork of state laws creates confusion for businesses. Hoffman emphasizes the challenges faced by clients navigating compliance requirements, highlighting the need for expertise and support, especially for Managed Service Providers (MSPs) who can play a crucial role in guiding their clients through these intricate processes.Hoffman discusses the increasing complexity of compliance requirements, such as the new controls introduced by PCI DSS and the chaos surrounding the Cybersecurity Maturity Model Certification (CMMC). He advocates for a more streamlined approach, suggesting that the industry should work towards simplifying compliance standards to make it easier for businesses to understand and implement necessary measures. ControlCase aims to facilitate this process by offering tools that allow clients to "assess once, comply to many," thereby reducing the burden of compliance and enabling MSPs to monetize their services effectively.The conversation shifts to the challenge of linking cybersecurity efforts to tangible business outcomes. Hoffman explains that while cybersecurity is often viewed through the lens of risk management, it is essential for businesses to recognize the value of a strong cybersecurity posture in protecting their reputation and client data. He encourages MSPs to communicate the importance of cybersecurity to their clients, particularly in industries like law and finance, where safeguarding sensitive information is paramount. By framing cybersecurity as a critical component of business credibility, MSPs can help clients understand the broader implications of their investments in security measures.Finally, the discussion touches on the role of artificial intelligence (AI) in compliance and cybersecurity. Hoffman shares insights into how ControlCase is leveraging AI to enhance the efficiency and accuracy of compliance processes. He notes that AI can significantly improve the speed at which evidence is processed and assessed, ultimately benefiting both clients and MSPs. As the conversation concludes, Hoffman expresses optimism about the future of compliance and cybersecurity, emphasizing the potential for AI to transform the industry and make compliance more manageable for businesses.  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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Dec 28, 2024 • 20min

Exploring AI in Project Management: Automation, Data Governance, and Future Trends with Mike Psenka

Host Dave Sobel engages in a thought-provoking conversation with Mike Psenka from Moovila, focusing on the transformative role of AI and automation in project management. Mike shares insights from his extensive experience in implementing AI technologies, emphasizing the importance of relationship management in project-based industries. He highlights how AI has not only improved operational efficiency but also significantly enhanced customer satisfaction by managing expectations, particularly during unforeseen delays.Mike delves into the technical aspects of their AI solution, which is designed around the concept of directed acyclic graphs (DAGs). He explains how this domain-specific approach allows for accurate timeline predictions, which are crucial for effective project management. By automating the analysis of complex project data, the technology can identify potential issues and dependencies that a human project manager might overlook, thereby streamlining the entire project workflow.The discussion also touches on the importance of data governance and organization in maximizing the effectiveness of AI tools. Mike emphasizes that for organizations to unlock the full potential of automation, they must ensure that project data is structured correctly, particularly in terms of task durations and dependencies. He suggests that leveraging historical data through machine learning can help automate the construction of these elements, making project management more efficient and less reliant on manual input.As the conversation progresses, Mike reflects on the broader trends in project management, particularly the ongoing debate between platform versus integration strategies. He argues that while platforms can simplify processes for less technical industries, the project management sector, which is inherently complex, benefits more from a best-of-breed approach. Mike concludes by discussing the future of AI in project management, particularly the need for interpretable AI that can provide reliable insights without the risk of "hallucination," ensuring that users can trust the technology to deliver accurate and actionable information.  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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Dec 27, 2024 • 17min

Exploring Human-Centric Support, AI Integration, Trust Building, & Training with David Sohn

David shares his background in the tech industry, specifically his experience with a company that sold transceivers to major telecommunications firms. This experience highlighted the need for exceptional customer support, leading him to establish Help with a focus on providing human-powered, 24/7 frontline support.David Sohn emphasizes the importance of human interaction in customer service, contrasting it with the often frustrating experiences associated with AI chatbots. He acknowledges the advancements in AI technology but believes that many customers still prefer speaking to a real person. Help's approach is to empower their agents with AI tools that enhance their ability to provide personalized service while maintaining the warmth and empathy that only humans can offer. This balance between technology and human touch is central to Help's philosophy.The discussion also touches on the significance of building trust with customers. David draws parallels between Help's service model and the training practices of renowned companies like Disney and Amazon, which prioritize customer experience. He explains that establishing trust requires setting clear expectations and consistently meeting them. By focusing on the initial customer experience and ensuring that agents are well-trained, Help aims to create a supportive environment that fosters trust and satisfaction.Finally, David shares insights into the training and management structure at Help, highlighting the importance of continuous learning and adaptability. He describes a "learn, do, show" approach to training agents, which encourages hands-on experience and peer teaching. This method not only enhances agent skills but also prepares them for future opportunities in the tech industry. The episode concludes with a reflection on the human-centric nature of Help's business model, reinforcing the idea that at its core, the company is about people and their experiences.  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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Dec 26, 2024 • 20min

MSP Growth: M&A Insights, Human Capital, AI Readiness, & Business Transformation w/ Nelson Gomes

n this episode of the podcast, host Dave Sobol interviews Nelson Gomes, the CEO of Portalia Group, who shares insights from his extensive career in the managed services provider (MSP) industry. Nelson recounts his journey, starting with the founding of Priority One Group in 1997, which initially focused on IT services before evolving into an MSP with a specialization in healthcare. After merging with Medicus IT in 2019, he experienced significant growth, ultimately leaving the organization in 2024 while remaining a shareholder. This transition allowed him to expand his expertise and prepare for new ventures.The conversation delves into the dynamics of mergers and acquisitions (M&A) in the MSP sector, particularly from the buyer's perspective. Nelson emphasizes the importance of cultural fit and vertical focus, particularly in healthcare, when considering an acquisition. He reflects on the growth trajectory of Medicus IT, which expanded from approximately $17 million to nearly $75 million in revenue during his tenure. This growth underscores the potential benefits of strategic partnerships in the MSP landscape, especially for those looking to scale their operations.As the discussion shifts to the challenges facing MSPs in the coming year, Nelson identifies human capital and operational maturity as the top concerns. He highlights the difficulty in finding skilled personnel who can bridge the gap between technology and business needs, particularly in a competitive market. Nelson advocates for the hiring of business analysts who can help organizations leverage technology to achieve better business outcomes, emphasizing the need for MSPs to evolve their service offerings beyond traditional IT support.Finally, the episode touches on the impact of artificial intelligence (AI) on the healthcare sector and the broader MSP industry. Nelson notes that while AI is becoming increasingly integrated into healthcare operations, the readiness of organizations to adopt such technologies hinges on effective data governance. He encourages MSPs to focus on preparing their data infrastructure to maximize the benefits of AI, while also being cautious about the pace of adoption. The conversation concludes with Nelson sharing his enthusiasm for working with MSPs and offering his contact information for those interested in further discussions  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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Dec 24, 2024 • 20min

Automation, AI, SaaS Management, and MSP Growth with Mark Ralls of Auvik

Dave Sobel engages in a conversation with Mark Ralls, the president of Auvik, a company specializing in network monitoring and management. The discussion begins with an exploration of the transformative potential of automation and AI in the IT landscape. Ralls emphasizes Auvik's role in proactively monitoring networks, providing customized alerts, and integrating critical data into platforms used by their partners. He highlights the importance of ensuring that technicians receive relevant information in a timely manner, which is crucial for effective troubleshooting.As the conversation progresses, Ralls shares insights into Auvik's recent feature release called North Star, which enables technicians to visualize network paths and identify issues more efficiently. This feature aims to streamline the troubleshooting process, allowing technicians to pinpoint problems quickly. Ralls expresses excitement about the future of automation and AI, indicating that Auvik is actively working on expanding its automation capabilities to enhance the overall user experience.The discussion then shifts to the challenges and opportunities within the realm of SaaS management. Ralls explains Auvik's differentiated approach to SaaS management, particularly in addressing shadow IT and security risks associated with shared credentials. He underscores the importance of proactive alerting and monitoring to help partners manage costs and improve security. Ralls believes that Auvik's focus on security within SaaS management is a significant value-add for their partners, setting them apart from other vendors in the market.Finally, Ralls reflects on the evolving dynamics in the MSP space, where the balance between vendor consolidation and best-of-breed solutions continues to shift. He emphasizes Auvik's commitment to putting partners first, offering flexible solutions that cater to their needs, whether through direct engagement or integration with other platforms. As the episode concludes, Ralls shares his optimism for the future, noting a resurgence in growth within the MSP community and Auvik's ongoing efforts to support their partners with innovative tools and solutions. Supported by: https://www.huntress.com/mspradio/  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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Dec 23, 2024 • 21min

Cybersecurity Insights: Policy, Identity Management and CMMC with Jon Murchison

Dave Sobel engages in a thought-provoking conversation with Jon Murchison, CEO of BlackPoint Cyber, about the current state of cybersecurity policies and practices. They discuss the initiatives surrounding "secure by design" and "secure by default," emphasizing the challenges faced by managed IT service providers in implementing these ideals. Jon expresses skepticism about the immediate impact of these policies on the ground level, noting that while they are well-intentioned, they often fall short of practical application in real-world scenarios.The discussion shifts to the dynamics of responsibility and liability within the cybersecurity landscape. Jon highlights the disparity between software vendors and service providers regarding accountability when security breaches occur. He argues that while security providers should be held liable for secure code design and regular penetration testing, the complexities of cybersecurity make it difficult to assign blame definitively. This nuanced perspective underscores the need for a balanced approach to liability that encourages innovation without stifling progress.As the conversation progresses, Jon shares his insights on the Cybersecurity Maturity Model Certification (CMMC) and its potential as a broader standard. He acknowledges the foundational value of existing frameworks like NIST and ISO but critiques their lack of practical guidance for organizations. Jon advocates for a more prescriptive approach that focuses on actionable steps for hardening security measures, rather than vague compliance requirements that can lead to checkbox exercises.Finally, Jon emphasizes the critical importance of identity management in cybersecurity. He explains how threat actors have evolved their tactics, often exploiting legitimate credentials to navigate networks undetected. The episode concludes with Jon discussing the future of posture management and the need for improved security measures around automation, highlighting the ongoing challenges and opportunities in the ever-evolving cybersecurity landscape. Supported by: https://www.coreview.com/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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Dec 22, 2024 • 17min

Venture Capital in MSP SaaS: Insights on Investment, Challenges, and Future Trends w/Joel Abramson

In this episode of the podcast, host Dave Sobel sits down with Joel Abramson, the managing partner at TopDown Ventures, to discuss the intricacies of venture capital in the managed services provider (MSP) software space. With a background that includes significant experience in the MSP industry, including the sale of a large MSP to TELUS, Joel shares insights into the investment thesis of TopDown Ventures, which focuses on early-stage MSP software companies. The conversation highlights the importance of understanding the unique challenges faced by MSPs and how that knowledge informs their investment strategy.Joel elaborates on the stages of investment, emphasizing that TopDown Ventures primarily targets seed and early series A companies, typically those nearing their first million in annual recurring revenue. He explains that the firm aims to assist these companies in scaling by providing not just capital but also valuable insights into product development and market strategies. The discussion touches on the lessons learned from operating MSPs and how those experiences shape their approach to identifying promising investment opportunities.A significant part of the conversation revolves around the challenges MSPs face when transitioning from service-based businesses to product development. Joel points out that while many MSPs may have ideas for tools, the leap to creating a viable product requires a different skill set and understanding of the market. He stresses the importance of distinguishing between features and fully-fledged products, as well as the need for a strong foundation and vision to ensure long-term success in the competitive landscape of MSP software.Finally, Joel discusses the collaborative model employed by TopDown Ventures, which includes leveraging a network of advisors from the MSP community to support portfolio companies. He outlines the decision-making framework used by the investment committee, which involves thorough due diligence and strategic discussions about potential success and challenges. As the episode concludes, Joel shares his outlook for the future, highlighting ongoing opportunities in cybersecurity and productivity tools, particularly those enhanced by AI, as areas of focus for the firm moving forward.Supported by: https://www.coreview.com/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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Dec 20, 2024 • 16min

Exploring Evergreen's Long-Term Investment Strategy, People, & Global Expansion w/ Jeff Totten

Host Dave Sobel interviews Jeff Totten, the founder and CEO of Evergreen, a company that takes a unique long-term investment approach in the managed services provider (MSP) space. Jeff shares insights into Evergreen's philosophy, which is heavily inspired by Berkshire Hathaway's model of acquiring businesses with the intent to build and hold them for the long haul. This strategy emphasizes the importance of investing in people and maintaining the culture of the companies they acquire, ensuring that founders can feel proud of their legacy even after selling their businesses.Jeff discusses the dual challenge of people management that Evergreen faces: nurturing their internal team while also investing in the leadership of the acquired companies. He highlights the role of their chief people officer in sourcing and retaining top talent, as well as the importance of preserving the local culture of the businesses they partner with. By injecting additional talent into these organizations, Evergreen aims to enhance the existing culture rather than disrupt it, fostering an environment where employees can thrive and grow.The conversation also delves into Evergreen's decision-making framework, which prioritizes focusing on key areas such as acquisitions and talent placement. Jeff explains how they utilize first principles thinking and consider the long-term implications of their decisions, ensuring that they align with the company's values and mission. He emphasizes the importance of measuring success through customer and employee satisfaction, as well as organic growth, which is vital for the sustainability of their business model.As the episode wraps up, Jeff reflects on Evergreen's recent international expansions and the lessons learned from entering new markets. He notes the differences in maturity levels among MSPs in various regions and the importance of building local trust. Looking ahead to 2025, Jeff identifies new customer acquisition and the integration of AI and robotic process automation (RPA) as key focus areas for Evergreen, underscoring the potential for these technologies to enhance service delivery and operational efficiency in the MSP sector. Supported by: https://tdsynnex.com/StreamOneIon/  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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Dec 19, 2024 • 20min

Open Source MSP Solutions, Community Growth, & AI Integration in SaaS Management w/ Kelvin Tegelaar

host Dave Sobel sits down with Kelvin Tegelaar, the CTO of Lime and founder of CyberDrain, to discuss the evolving landscape of SaaS management and the innovative approach taken by CyberDrain. Tegelaar introduces the Cyber Drain Improved Partner Portal (CIPP), an open-source, multi-tenant management solution specifically designed for Microsoft 365. He highlights the need for affordable management tools in the MSP space, which often suffer from high pricing models. By offering a free and open-source tool with optional support, Teglar aims to democratize access to essential management resources for MSPs.The conversation delves into the dynamics of community involvement in open-source projects. Tegelaar shares insights on how CyberDrain has fostered a vibrant community of contributors, many of whom are system administrators rather than traditional developers. This community-driven approach not only enhances the product but also creates a sense of camaraderie among users. With around 7,000 active MSPs utilizing SIP, Tegelaar notes that a significant portion is opting for the paid support model, while others engage in self-hosting and community support.Tegelaar also discusses the balance between commercial interests and community contributions, emphasizing the importance of maintaining a clear separation between CyberDrain and his MSP, Lime. This separation helps avoid conflicts of interest and ensures that the focus remains on delivering value to all users. The episode highlights the collaborative relationship between CyberDrain and Microsoft, where Tegelaar's insights and feedback from the MSP community are used to enhance Microsoft's Lighthouse product, showcasing a unique partnership that benefits both parties.As the episode wraps up, Tegelaar reflects on the future of AI in the MSP space, particularly the potential of large language models (LLMs) to create meaningful applications that go beyond simple tasks. He emphasizes the need for practical implementations that genuinely assist engineers and service providers.  Supported by: https://getthread.com/mspradio/https://tdsynnex.com/StreamOneIon  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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