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Barracuda Accelerates Growth in MSP Market, Expands MSP Security OfferingsCAMPBELL, Calif., March 14, 2019 /PRNewswire/ -- Highlights:
Barracuda, a trusted partner and leading provider for cloud-enabled security solutions, today announced growing momentum in the MSP market. Barracuda MSP's portfolio approach, led by security, has been very successful in the marketplace and is a key growth area for the company. Barracuda has grown its international MSP partner base nearly 300 percent over the past two years, and most importantly, the number of MSPs using multiple Barracuda solutions increased 34 percent year-over-year, as of February 2019. Barracuda also recently acquired Managed Workplace, the remote monitoring and management (RMM) product line of Avast. Managed Workplace delivers an RMM platform with included security tools and services, such as site security assessments, Office 365 account management, and integrated third-party antivirus. This addition to the Barracuda portfolio reinforces the company's investment in the MSP marketplace and builds on the 120 percent year-over-year growth Barracuda MSP has seen for its security solutions. "We have consistently been expanding our portfolio of MSP solutions, and our partners' response — based on their spend with us — has been very positive," said BJ Jenkins, CEO, Barracuda Networks. "The acquisition of Managed Workplace continues that portfolio expansion, building on the success we've seen with our MSP partners over the past three years." "Our mission is to empower our MSP partners to create services to sell, deliver profitable offerings, and demonstrate value to their customers," said Brian Babineau, SVP and General Manager, Barracuda MSP. "With Managed Workplace we can offer MSP partners a security-centric RMM solution that incorporates security tasks into a service provider's daily routine. It complements the security solutions we have introduced via our MSP model, such as email protection, cloud-generation firewalls, and security awareness training." Barracuda also expanded its MSP security offerings in 2018 by introducing Managed PhishLine, a service tat helps MSPs provide sophisticated phishing simulation and security awareness training to their customers without creating added work for their techs. This makes it easy for MSP to create a new service that addresses the growing need for better security awareness training. Building Stronger MSPs Through Education The Barracuda team has also demonstrated its commitment to building up the MSP community through several educational initiatives that have gained more traction over the past year.
Why Managed Workplace RMM tools are a foundational platform for the managed services community, and according to research by AMI Partners, the RMM market is expected to reach nearly $800 million by 2022, with more than $400 million of that coming from outside North America. Every MSP, transitioning reseller, or new market participant needs an RMM, and acquiring Managed Workplace gives Barracuda another way to provide MSP partners with the tools they need to run their business and protect their customers.
Resources: Read the blog post: What is a security-centric RMM?: http://cuda.co/34697 Get more information: https://barracudamsp.com/product-details/managed-workplace-rmm/ Learn more about Ready, Set, Managed!: https://barracudamsp.com/ready-set-managed/ About Barracuda At Barracuda we strive to make the world a safer place. We believe every business deserves access to cloud-enabled, enterprise-grade security solutions that are easy to buy, deploy, and use. We protect email, networks, data and applications with innovative solutions that grow and adapt with our customers' journey. More than 150,000 organizations worldwide trust Barracuda to protect them — in ways they may not even know they are at risk — so they can focus on taking their business to the next level. For more information, visit barracuda.com. Barracuda Networks, Barracuda and the Barracuda Networks logo are registered trademarks or trademarks of Barracuda Networks, Inc. in the U.S. and other countries. Other trademarks, including Avast, are the property of their respective owners. Contacts
View original content to download multimedia:http://www.prnewswire.com/news-releases/barracuda-accelerates-growth-in-msp-market-expands-msp-security-offerings-300812207.html SOURCE Barracuda Networks, Inc. |