As we gear up for the London MSP Summit, excitement is building. With the managed IT services industry constantly evolving, tomorrow’s event promises to be packed with insights, innovation, and key discussions. I’m ready to bring you the latest trends and updates from the heart of the action. Stay tuned for a glimpse into what’s to come.
Motivation & Information
I’ll call this short trip to the London MSP Summit: “Motivation & Information.”
Motivation is what drives us, and we have the tools to make it happen. This is what sets us apart from others. We’ve proven that by evolving from a managed IT services company, founded in 2009, into a cloud computing provider with new data center locations in Bucharest and Frankfurt.
The second part is “Information.” And the best place to stay informed is at the “Managed Services Summit” – an annual event where IT pros gather to discuss the latest trends and challenges in managed IT services.
Why London? A Historical Context
London has been at the forefront of the IT services industry for decades, driven by its position as a global financial hub. The city’s early adoption of technology and continuous innovation have made it a central player in the managed IT services market.
Over the years, the shift from traditional in-house IT support to outsourced managed services has been marked by the increasing complexity of IT infrastructure and the need for cost-effective, scalable solutions.
Key Milestones in London’s Tech Evolution
Here are the historical milestones that shaped London’s role in technology and IT services:
- The Telegraph and Communication Revolution (1837): The invention of the electric telegraph revolutionized communication, laying the foundation for modern telecommunications.
- The Great Exhibition and the Crystal Palace (1851): A showcase of industrial advancements, further cementing London’s role as a leader in innovation.
- The Birth of Modern Computing: Alan Turing at Bletchley Park (1939-1945): Turing’s work laid the foundation for computing, influencing generations of tech entrepreneurs.
- The Establishment of Tech City (2010): Old Street became London’s “Silicon Roundabout,” a hub for startups and tech giants.
- 5G Rollout and Smart City Initiatives (2020s): London’s commitment to smart city technologies positions it as a leader in innovation.
London’s Managed Services Market Overview
- The UK MSP market is substantial, with an estimated 11,492 active providers as of 2022.
- The sector generated an annual combined revenue of £52.6 billion, employing an estimated 294,340 full-time equivalents.
- Large MSPs account for just 4% of firms but generate 74% of total estimated revenue (£38.8 billion).
Conclusion
The stage is set, and tomorrow, the real insights begin. We’re looking forward to diving deeper into the trends shaping the future of managed services.
To be continued, tomorrow…