RMM Vendor Space Analysis and AI Trends in the Tech Industry

RMM Vendor Space Analysis and AI Trends in the Tech Industry

AI is increasingly being utilized across various industries to boost efficiency and cut costs, with a strong emphasis on data management. The podcast episode provided several examples showcasing how AI is enhancing operations in different sectors. 

For instance, Sam's Club is using AI technology to tackle shoplifting by analyzing photos of customers' carts and cross-referencing them with receipts as they leave the store. This solution has not only sped up the exit process for customers but has also enhanced the overall shopping experience. This demonstrates how AI is being applied in retail to improve efficiency and reduce costs. 

Moreover, the New York Times article discussed how airlines are leveraging AI to enhance the flying experience. Tools like Connection Saver help airlines accommodate delayed passengers, while AI systems aid in planning efficient flight routes, saving fuel and time. This use of AI in the airline industry illustrates how data management and analysis can lead to operational efficiencies and cost savings. Additionally, the podcast highlighted the introduction of AI-powered tools by companies such as Palo Alto Networks, Cisco, and CloudFlare to bolster cybersecurity and application observability. These tools harness AI to offer guided automation, actionable insights, and natural language interfaces to security analysts, enabling them to identify and address threats more effectively. This showcases how AI is being integrated into cybersecurity solutions to enhance data management and bolster security measures. Overall, the examples presented in the podcast episode underscore the increasing trend of deploying AI in various industries to enhance efficiency, reduce costs, and improve data management practices. The focus on data management is crucial as AI technologies rely heavily on high-quality data to provide accurate insights and drive operational enhancements.

 

 

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[00:00:00] Welcome to the Business of Tech Lounge,

[00:00:15] the live version of the Business of Tech podcast.

[00:00:18] It's Wednesday, May 15th,

[00:00:20] 2024 and I'm Dave Sobel.

[00:00:22] Today on the show, some use cases

[00:00:24] for AI to consider for customers.

[00:00:27] Palo Alto Networks, Cisco,

[00:00:29] and CloudFlare all have

[00:00:30] new offerings as we come off the RSA conference.

[00:00:33] A look at my interview with Rob Begin on how to

[00:00:36] partner with Microsoft and a preview of

[00:00:39] this coming weekend's interview with

[00:00:41] Alcyon CEO, Niraj Tullia.

[00:00:43] Plus your comments and questions.

[00:00:46] I want to thank SalesBuilder,

[00:00:48] our Patreon sponsor whose support makes this show possible.

[00:00:52] Focus on your IT sales workflow with the power of

[00:00:54] automation and visit them at salesbuilder.com.

[00:00:57] That's B-U-I-L-D-R.com.

[00:01:01] Want to get your logo here?

[00:01:03] Vendors, you can do so with

[00:01:04] our vendor Patreon program.

[00:01:06] It's a simple monthly subscription and visit

[00:01:08] patreon.com slash MSP radio to sign up.

[00:01:11] I can't do this show without support,

[00:01:13] and thanks again to SalesBuilder for theirs.

[00:01:16] Now I take questions and comments throughout the show,

[00:01:19] so make sure to put them in chat.

[00:01:21] There's a dedicated question section in

[00:01:23] the show with those listeners submitted questions,

[00:01:26] and we'll save questions for them,

[00:01:27] but chat comments will take throughout the show.

[00:01:31] Now, our top story.

[00:01:34] Let's start with a recent analysis of the RMM vendor space.

[00:01:40] The analysis starts with

[00:01:42] Kaseya's announcement of a bundled product strategy

[00:01:44] called Kaseya 365,

[00:01:46] offering remote monitoring and management,

[00:01:48] cybersecurity, and backup products for MSPs.

[00:01:51] This move could change the way MSPs buy from

[00:01:53] their core vendors and has the potential to

[00:01:55] commoditize managed detection and response.

[00:01:58] Competitors in the RMM space such as Connectwise Enable,

[00:02:01] will need to adapt quickly or risk

[00:02:04] becoming irrelevant.

[00:02:06] Now let's dive into the report with a series of quotes.

[00:02:11] The first, one can easily see a future in 10 or 20 years

[00:02:15] where as long as MSPs and endpoints still exist,

[00:02:18] Kaseya becomes the Microsoft of small business RMM,

[00:02:22] if Microsoft has not already done that first,

[00:02:24] and where its main rivals have been decimated

[00:02:27] or forced to shift into niche areas.

[00:02:30] It's happened time and again in different markets,

[00:02:33] and there are countless examples of companies

[00:02:35] dominating or even monopolizing markets,

[00:02:38] despite lower levels of product

[00:02:39] and or service capability and investment.

[00:02:42] For competitors like Connectwise Enable,

[00:02:44] Ninja One, Atera, or Syncro,

[00:02:46] there's a real danger that they could become

[00:02:49] completely irrelevant.

[00:02:51] Not because Kaseya is doing anything unprecedented

[00:02:54] or outstanding,

[00:02:55] but because its investors are willing to go all in

[00:02:58] to win the market and have the money to do so.

[00:03:01] Connectwise's investors have been trying to sell it

[00:03:04] for a long time and recover their investment,

[00:03:06] but are struggling to get the price they want.

[00:03:09] And then this segment,

[00:03:11] looking further into the future,

[00:03:12] it's clear that Kaseya is on a path to dominate

[00:03:15] the small business managed services market,

[00:03:17] not because it offers great products or services,

[00:03:20] its feedback from MSPs is legendarily bad,

[00:03:24] but because it and its investors have decided

[00:03:26] now is the time to start playing hardball

[00:03:29] and get into some classic market economics.

[00:03:32] The key for all vendors right now

[00:03:34] is to look deeper into their customer data.

[00:03:37] The opportunities for AI models

[00:03:38] and analyzing customer data to build demand profiles

[00:03:41] and then mapping this existing customer data

[00:03:44] to new customers are massive.

[00:03:46] Creating a much more in-depth profile

[00:03:48] of existing and potential new customers will be vital

[00:03:51] as we move into a heavily regulated era of data privacy.

[00:03:54] Partners regularly list new customer acquisition

[00:03:58] as one of their greatest business challenges.

[00:04:00] Any vendor that helps its partner ecosystem

[00:04:03] crack this code will be hugely successful.

[00:04:07] So a quick summary of the Enable earnings call to compare.

[00:04:13] Enable reported strong first quarter performance

[00:04:15] with revenue of $113.7 million,

[00:04:18] representing approximately 14% year over year growth.

[00:04:23] The company exceeded the high end

[00:04:25] of its top and bottom line guidance,

[00:04:28] showcasing the success of its product strategy.

[00:04:31] Enable's expanded product portfolio,

[00:04:33] including COVID data protection

[00:04:35] and its security product group resonated with customers.

[00:04:38] The company also highlighted the positive feedback

[00:04:41] received from its annual customer conference, Empower,

[00:04:44] where MSPs expressed optimism about their prospects

[00:04:47] and the growing opportunities in managing the cloud

[00:04:49] and addressing security challenges.

[00:04:51] Enable's financial outlook for the second

[00:04:53] and full year 2024 is positive

[00:04:56] with expected revenue growth of approximately 10%

[00:04:59] and adjusted EBITDA margin of approximately 35%.

[00:05:03] I'll note that having analyzed the transcript,

[00:05:05] there was no AI focus.

[00:05:07] A disclosure, I'm a shareholder in Enable.

[00:05:10] And let's note that ConnectWise has appointed Rick Thorbeck

[00:05:14] as its new CFO, who brings experience with IPO readiness.

[00:05:18] Thorbeck will play a key role

[00:05:20] in shaping the company's financial strategy

[00:05:23] and his appointment has sparked speculation

[00:05:25] about the potential IPO for ConnectWise.

[00:05:27] Thorbeck's background includes strategic finance,

[00:05:30] mergers and acquisitions and enterprise software.

[00:05:34] So why do we care?

[00:05:37] First, Canalys has some data on the breakdown

[00:05:40] of the RMM and PSA vendor market

[00:05:43] on market share that I wanted to break down.

[00:05:46] And I'm putting it on screen for those on YouTube

[00:05:48] and we'll talk about it now.

[00:05:50] ConnectWise and Kaseya slash Datto

[00:05:52] represent over half the market.

[00:05:55] In theory, we can use Enable's value from their earnings

[00:05:58] to extrapolate the overall market

[00:06:00] as well as each individual company, should that be useful.

[00:06:03] Another quick view of the data,

[00:06:05] there are four players of size

[00:06:07] and another four who would see substantial gains

[00:06:10] just by acquiring customers from the larger players.

[00:06:15] Now I'll tease an upcoming interview with Michael George,

[00:06:17] the new CEO of Syncro, who observed he's in the game

[00:06:21] of acquiring from legacy players.

[00:06:23] He only has to target three.

[00:06:25] I will also observe that ConnectWise's hiring

[00:06:27] out of a new CFO likely points

[00:06:30] that need to drive to some market event,

[00:06:32] sale, IPO, something.

[00:06:35] So as for Canalys' take,

[00:06:37] the willingness of Kaseya investors to go deep

[00:06:40] is the game of chicken that matters.

[00:06:42] Their advice to vendors is spot on.

[00:06:45] So I'm gonna flip it here and interpret this for MSPs.

[00:06:49] MSPs, you essentially have two options.

[00:06:52] For this market, first, ride the investor wave

[00:06:55] and leverage price pressure to maximize your value

[00:06:59] while trying to ensure your needs are met.

[00:07:01] Or vote with your dollars

[00:07:03] and know that you're gambling that smaller players

[00:07:06] can be disruptive to drive to the end state

[00:07:09] and you will likely pay more now.

[00:07:12] It's up to you.

[00:07:13] So what do you think?

[00:07:14] Are you encouraged by these moves or wary?

[00:07:18] I'd certainly like to hear from you in the comments.

[00:07:21] And you got a question or a comment live,

[00:07:22] put it in the chat if you're watching us

[00:07:24] right as we stream.

[00:07:26] Now I got a couple of stories I wanna cover

[00:07:28] to talk some AI use cases.

[00:07:30] First, Sam's Club is using AI technology

[00:07:33] to combat shoplifting by analyzing photos

[00:07:37] of customers' carts and verifying them against the receipts

[00:07:40] as they exit the store.

[00:07:41] The solution has significantly reduced the time

[00:07:44] it takes to exit the store

[00:07:45] and improve customer experience.

[00:07:47] It's an example of how AI is being deployed

[00:07:49] in big organizations to improve efficiency and reduce costs.

[00:07:53] As AI evolves, it's expected to benefit smaller businesses

[00:07:57] as well in the coming years.

[00:08:00] And the New York Times dove into how airlines

[00:08:03] are utilizing AI to improve the flying experience.

[00:08:07] Tools like Connection Saver help airlines

[00:08:09] wait for delayed passengers

[00:08:11] while AI systems assist in planning efficient flight routes,

[00:08:15] saving fuel and time.

[00:08:16] Smart gating technology optimizes gate assignments,

[00:08:20] reducing the taxiing time.

[00:08:22] AI is also enhancing customer service

[00:08:24] by providing specific and timely information to passengers.

[00:08:28] And despite some limitations,

[00:08:30] the industry is expecting to be revolutionized by AI

[00:08:33] in the coming years.

[00:08:36] So why do we care?

[00:08:38] There's a lot of hype in the market right now

[00:08:40] and I'm covering a lot of rapid fire AI stories on the show.

[00:08:44] We've seen tons of announcements

[00:08:47] and amidst all the hype, I'm trying to focus on use cases.

[00:08:51] I'm trying to look for specific business cases

[00:08:54] that make you think about what others are using it for

[00:08:58] and how it can be relevant.

[00:09:00] But the theme we keep seeing is data management.

[00:09:04] That's the bit that really keeps mattering.

[00:09:07] And I keep focusing on how data management is working.

[00:09:11] And in fact, Rob, I'm right there with you in the comments,

[00:09:14] the ability to leverage AI and customer data

[00:09:16] to better service the MSP will be critical

[00:09:19] to the success of MSPs going forward.

[00:09:21] That's why we keep hitting on this space

[00:09:24] is because we wanna understand

[00:09:26] not only where it's going to be used

[00:09:28] and what those use cases are,

[00:09:30] but also the data analysis itself.

[00:09:32] And let me remind everyone

[00:09:34] that preparing your customers for it is part of the job.

[00:09:38] Most have not done a really good job

[00:09:41] of managing data for your customers

[00:09:44] and preparing it for AI.

[00:09:46] Even if you're not leaning into using AI

[00:09:49] or bringing out assistance or leaning into co-pilot,

[00:09:51] you've still got a role right now

[00:09:54] in preparing customers with data management.

[00:09:56] More than anything, making sure their data is ready

[00:09:59] for AI consumption, should they choose to do it,

[00:10:02] is a key element.

[00:10:03] And by the way, that work alone on its own

[00:10:07] is useful for analytics

[00:10:08] regardless of the way that you do it.

[00:10:10] Rob, thanks for being there with you.

[00:10:11] And we are taking questions and comments,

[00:10:14] put them in the chat if you've got something to say.

[00:10:16] Now, Rob joined me last week on the show

[00:10:20] and we talked about Microsoft and the way that you engage.

[00:10:23] Here's a piece of that interview.

[00:10:26] One of the things that I found really fascinating

[00:10:29] about the way that you work

[00:10:30] is you've got a very particular journey

[00:10:32] that you actually map out

[00:10:34] for helping partners work with Microsoft.

[00:10:37] Give me a little bit of an overview of how that all works.

[00:10:41] Yeah, and over the years I've developed this framework

[00:10:45] and I've went through it multiple times

[00:10:48] and really refined it down to four key steps

[00:10:51] or four key phases.

[00:10:53] And I'll kind of give you first the high level

[00:10:55] and then we can dive into each of them if you like.

[00:10:58] So first out, and we alluded to this earlier,

[00:11:01] was your messaging.

[00:11:02] Understand what you're great at

[00:11:04] and how to communicate that to Microsoft.

[00:11:08] In line with that is also understanding

[00:11:11] who inside of Microsoft is going to care about that message.

[00:11:13] So, you talked about Azure sellers,

[00:11:15] Microsoft has a whole team of people

[00:11:17] focused on selling Azure

[00:11:19] and then a separate team focused on Microsoft 365.

[00:11:22] So it makes sense to know, okay,

[00:11:24] who are the right people to talk to?

[00:11:26] And so that's first and foremost

[00:11:28] is get your messaging right

[00:11:29] and understand who's going to want to share it.

[00:11:31] Then the next thing is really just start to think about

[00:11:34] the sales team alignment.

[00:11:37] Microsoft has a journey

[00:11:39] they take all their customers through

[00:11:41] and they want to know that you as a partner

[00:11:43] understand what that journey looks like.

[00:11:45] So first, educating your sellers

[00:11:48] on what a Microsoft sales journey looks like.

[00:11:51] Even if it's different from yours,

[00:11:53] Microsoft just wants to know

[00:11:55] that you're going to hit the sort of hot buttons

[00:11:57] of things they want to be done during a sales process.

[00:12:01] And then more importantly is connecting your sales teams

[00:12:05] with the Microsoft sellers.

[00:12:07] So if whether you're geographically based

[00:12:10] or you're industry based,

[00:12:12] finding out who are the right people

[00:12:13] for you to connect with inside of Microsoft is critical

[00:12:17] because if Microsoft doesn't know about you,

[00:12:20] leads aren't just going to fall from heaven

[00:12:21] in terms of landing in your lap,

[00:12:24] you're going to have to connect with the people

[00:12:27] that this is that your superpower is going to resonate with.

[00:12:30] So that's key, that's one and two is first the message

[00:12:34] and the sales alignment, the third component.

[00:12:37] And I think one that people underestimate is partner center.

[00:12:41] So Microsoft does a ton of work

[00:12:44] or has done a ton of work in partner center

[00:12:46] to make it much more partner friendly

[00:12:49] to allow us as partners to access more programs,

[00:12:53] more dollars, more funding to get designation.

[00:12:56] So they've done a lot of this inside of partner center now.

[00:13:00] So it's a much more robust and sort of center

[00:13:05] for us as partners to build our practice

[00:13:09] and to ensure that Microsoft knows who we are, what we do,

[00:13:13] how our certifications are laid out

[00:13:15] and what certifications we have.

[00:13:17] So that's the third component is partner center.

[00:13:21] And then finally, there's an overarching program now

[00:13:25] called the Microsoft AI Cloud Partner Program

[00:13:27] which is absolute mouthful.

[00:13:29] The Microsoft AI Cloud Partner Program

[00:13:31] covers all the different types of partners.

[00:13:33] So managed services providers,

[00:13:36] independent software vendors, systems integrators,

[00:13:41] distributors, they're all under that program

[00:13:43] or that umbrella and it allows you

[00:13:46] to access different resources including funding

[00:13:49] and including dollars.

[00:13:50] So really understanding that.

[00:13:51] And so that's the four key components

[00:13:54] of working with Microsoft in my mind.

[00:13:56] Get your message right, get the salespeople

[00:14:03] So what I really love about the conversation with Rob

[00:14:06] was his systematic approach to managing with Microsoft.

[00:14:11] And in fact, we talk a lot about vendor management

[00:14:13] in this space all the time.

[00:14:15] And one of the offerings that you can offer

[00:14:17] to your customers is the idea of managing customers

[00:14:20] and helping them with their vendor management peaks.

[00:14:23] But you too as a solution provider

[00:14:26] have got to embrace how you're doing the management

[00:14:30] and how you're managing your relationship with vendors.

[00:14:33] And think about the fact that you have so many to manage.

[00:14:36] A typical solution provider is managing anywhere

[00:14:38] from 10 to 40 different vendor relations at any given time.

[00:14:43] And likely Microsoft is among the most important

[00:14:47] that you have to do.

[00:14:48] So being systematic about it

[00:14:50] is a really key element to success.

[00:14:54] Now, the good news is most managed services providers

[00:14:57] are really good at systems.

[00:15:01] So applying a system to an organization

[00:15:03] that is good at systems,

[00:15:05] this should be a match made in heaven.

[00:15:07] It's why I liked Rob's approach an awful lot

[00:15:10] and I wanted to highlight that.

[00:15:11] So I would really encourage you

[00:15:13] if you missed the interview on the weekend

[00:15:15] to go back, dig into that

[00:15:17] because Rob walks through a number of different strategies

[00:15:20] of the way that you can engage, what's successful,

[00:15:23] what in particular Microsoft is looking for

[00:15:25] and how they work with you,

[00:15:27] how you get attention

[00:15:28] and thus how you can be successful with them ongoing.

[00:15:33] It was really a great experience to have him on the show

[00:15:35] and I wanna encourage you to dive in further

[00:15:38] into that interview to learn more.

[00:15:41] So we are continuing to take questions.

[00:15:42] Remember, you can submit them anytime in the chat window

[00:15:46] or submit it for next week if you're watching the recording

[00:15:49] sending it to question at mspradio.com.

[00:15:53] Now, next up, I wanna cover three quick stories

[00:15:56] coming out of the RSA conference.

[00:15:58] Palo Alto Networks has introduced three powered co-pilots,

[00:16:03] Strata Co-Pilot, Prisma Cloud Co-Pilot and Cortex Co-Pilot

[00:16:08] that leverage generative AI

[00:16:10] and high precision cybersecurity technologies

[00:16:13] to assist security analysts in identifying

[00:16:15] and mitigating threats more efficiently.

[00:16:18] These co-pilots integrated

[00:16:19] into Palo Alto Networks flagship security platforms

[00:16:23] offer guided automation, actionable insights

[00:16:26] and natural language interfaces.

[00:16:28] The company envisions these co-pilots evolving

[00:16:31] into learning assistants that enhance capabilities

[00:16:34] with each interaction aiming to provide faster

[00:16:37] and more accurate knowledge and insights

[00:16:39] for those security teams.

[00:16:41] Cisco has introduced AI powered tools

[00:16:43] to enhance its app dynamics on premises solution

[00:16:47] providing improved application observability

[00:16:51] and security for self-hosted environments.

[00:16:53] The new features include anomaly detection,

[00:16:56] root cause analysis, application security

[00:16:59] and SAP monitoring.

[00:17:01] These enhancements enable faster performance issue detection,

[00:17:04] proactive security measures

[00:17:06] and optimal application performance.

[00:17:09] Cisco also offers AppDynamics Flex licensing

[00:17:12] for a transition to SaaS based models

[00:17:15] and extends observability solutions to AWS and Azure.

[00:17:19] The virtual appliance for Cisco AppDynamics on-premises

[00:17:22] will be available this month

[00:17:24] with further enhancements planned for Q3, 2024.

[00:17:29] CloudFlare announces CloudFlare for Unified Risk Posture

[00:17:33] a suite of risk management solutions

[00:17:35] that streamline the process of identifying, evaluating

[00:17:38] and managing cyber threats.

[00:17:41] The suite powered by CloudFlare security suite

[00:17:44] and partnerships with leading endpoint

[00:17:45] and identity management providers

[00:17:47] allows customers to gain a comprehensive view of cyber risks

[00:17:51] and effectively remediate them from a single platform.

[00:17:55] CloudFlare for Unified Risk Posture

[00:17:57] simplifies the journey to locking down risk

[00:17:59] by customizing policies based on unique risk scores

[00:18:03] providing a holistic view of the threat landscape

[00:18:05] and enabling global control.

[00:18:08] So why do we care?

[00:18:10] There was a ton of buzz coming out from last week

[00:18:14] and every vendor wanted to have their stake in it.

[00:18:18] What I'm noticing is more and more of these AI tools

[00:18:21] that are doing that co-pilot role

[00:18:24] that are joining with administrators

[00:18:26] to provide better insights

[00:18:27] and ideally help them simplify the management.

[00:18:30] In fact, on today's regular show

[00:18:32] I'm gonna be talking about stuff coming out of Red Hat

[00:18:35] which will be dropping at 5 p.m. today

[00:18:37] where they too are embracing this trend.

[00:18:40] That's the piece that I'm looking for.

[00:18:41] I'm not necessarily looking for new solutions.

[00:18:44] I'm looking for existing providers

[00:18:46] and I'm looking for what they're doing.

[00:18:47] And I think that's the most interesting trend

[00:18:49] that we're seeing is this infusion of intelligence

[00:18:52] into products that didn't previously have it.

[00:18:56] That's what we're looking for.

[00:18:57] And I wanna hear more from you about what you think.

[00:19:00] Put those questions in chat.

[00:19:01] We're gonna start taking questions here in a moment.

[00:19:04] I really do love taking them.

[00:19:06] If you bring questions live, you'll get a live response.

[00:19:10] Of course, you can always submit them ahead of time

[00:19:12] but Q&A gets you a chance to get involved with the show.

[00:19:16] So let's take our first submitted question.

[00:19:22] We hired an engineer to achieve compliance

[00:19:24] with a major client standards.

[00:19:26] However, a senior contact at the client's company

[00:19:28] seems to personally dislike the engineer

[00:19:30] leading to unresponsive behavior on tickets

[00:19:32] and negative reviews.

[00:19:34] How should an engineer handle a senior contact

[00:19:36] at a client's company who is challenging

[00:19:38] and negatively impacts job performance and satisfaction?

[00:19:43] Oh, this is a really good one

[00:19:44] because it speaks to the value of management.

[00:19:47] So what I'm gonna say is first off,

[00:19:49] you want the engineer to let management get involved.

[00:19:52] And in particular, this is important to show support

[00:19:56] to that engineer in the field.

[00:19:58] And you're gonna emphasize to the engineer

[00:20:01] not taking it personally.

[00:20:03] Understanding that oftentimes there's more to the situation

[00:20:07] than we know about.

[00:20:08] And in fact, the grace that we can give

[00:20:11] for most customers who are reacting badly

[00:20:13] will go a long way toward building that value.

[00:20:17] Now, you wanna dig into why.

[00:20:20] Why is this customer reacting in the way that they are?

[00:20:24] Do they potentially see the MSP as competition?

[00:20:28] The more you can understand their thinking, the better.

[00:20:31] And the best way to do this

[00:20:33] is schedule a face-to-face meeting to address the concerns.

[00:20:36] Even if they seem ridiculous,

[00:20:39] sitting down with the customer as management,

[00:20:41] both supporting your engineer to make sure

[00:20:43] that you are empowering them to be successful,

[00:20:46] but also probing the customer to find out what's going on.

[00:20:49] Address each of the individual concerns,

[00:20:52] even the ridiculous ones,

[00:20:54] to make sure that you are showing the emphasis and empathy

[00:20:58] to the customer to make sure you get there.

[00:21:01] Now, draw a line, a zero tolerance for abuse.

[00:21:05] That's not allowed.

[00:21:07] We cannot have clients abusing our engineers.

[00:21:11] But the more you can invest in a face-to-face meeting

[00:21:14] to walk the customer through

[00:21:16] so you can address all of the concerns,

[00:21:19] then working them through to find solutions,

[00:21:22] the better you will do.

[00:21:23] Now, make sure that you are supporting your staff member

[00:21:27] by being involved from a management perspective.

[00:21:30] I'm looking to the chat window.

[00:21:32] If you've got any last minute questions,

[00:21:33] make sure to throw them in.

[00:21:35] Of course, you can always submit them ahead of time

[00:21:38] and you can send them at question at mspradio.com.

[00:21:42] I do love having the interactions

[00:21:43] and taking the comments live.

[00:21:45] So feel free to continue to throw them into the chat window.

[00:21:49] Now, I want to give you a preview

[00:21:51] of what's coming up this weekend.

[00:21:53] I had the opportunity to talk to the CEO of Alcyon

[00:21:56] and his thoughts on the coming changes to backup solutions.

[00:22:00] Niraj Tolian joined me

[00:22:02] and here's a preview of that interview.

[00:22:05] One of the things I keep talking about

[00:22:06] on the show all the time

[00:22:07] is all of the various approaches around AI

[00:22:11] and what we're seeing.

[00:22:11] And obviously, that's everyone's buzz.

[00:22:13] But what I think is interesting

[00:22:15] is that there's lots of different approaches

[00:22:17] about making AI specific,

[00:22:21] similar, our audience of IT services companies,

[00:22:24] the ISPs, and how we translate that into what users do.

[00:22:28] Tell me how you specifically think AI is important

[00:22:32] and is going to impact this space.

[00:22:35] My vision about AI,

[00:22:39] in particular for the channel, for MSPs,

[00:22:42] has always been the same

[00:22:43] over the last few years that we've been doing this.

[00:22:46] But when I rewind the clock a year ago,

[00:22:48] I think there was some concern in the channel.

[00:22:50] Is AI going to replace us?

[00:22:51] Is AI going to impact our business, et cetera?

[00:22:54] I'm glad that's gone away.

[00:22:57] To answer your question,

[00:22:58] I think AI is an amazing opportunity for the channel,

[00:23:01] the MSP, for the service provider out there.

[00:23:04] Because the way we look at it,

[00:23:06] the modern MSPs, what they're trying to say is,

[00:23:10] how do I replace my legacy tools with AI-enabled tools

[00:23:15] so that I can do a better job

[00:23:18] and focus on the things that I really care about,

[00:23:20] which is my end customers,

[00:23:22] my professional services, their digital transformation.

[00:23:26] Because AI, it is giving me new features,

[00:23:29] but it's taking away operational quality from me.

[00:23:32] And so the way I look at our channel partners today

[00:23:35] who are at the forefront of implementing AI,

[00:23:38] it is about how do I both deliver a better experience

[00:23:43] for the end user,

[00:23:44] elevate my position and reduce all my operational file

[00:23:47] to focus on those value-added things that I...

[00:23:51] And that is the consistent message

[00:23:53] we've been hearing over and over again.

[00:23:58] Now, I'm really excited for you to get into this interview,

[00:24:00] and it drops this weekend

[00:24:02] so you'll get a chance to listen to it.

[00:24:03] We'll answer next week, the why do we care on this show.

[00:24:07] Now, a reminder for listeners,

[00:24:09] my Patreon supporters already have this video

[00:24:11] and you can get all my interview content

[00:24:13] as a supporter early.

[00:24:15] Visit patreon.com slash MSP radio and sign up now.

[00:24:19] That interview is already available.

[00:24:22] I wanna thank Sales Builder, our Patreon sponsor

[00:24:25] whose support makes this show possible.

[00:24:27] Focus on your IT sales workflow

[00:24:29] with the power of automation

[00:24:30] and visit them at salesbuilder.com.

[00:24:32] That's B-U-I-L-D-R.com.

[00:24:36] And vendors, you too can get your name mentioned

[00:24:38] on the live show.

[00:24:39] It's a simple monthly subscription.

[00:24:40] Visit patreon.com slash MSP radio for more.

[00:24:44] And listeners, thank you for your support.

[00:24:46] And here's the best ways you can help me out.

[00:24:48] First, like, share and follow on your favorite platforms.

[00:24:52] Or if you're so inclined,

[00:24:54] support directly on Patreon

[00:24:56] with our give what you want model.

[00:24:58] You set what you think the content is worth.

[00:25:01] And if you have a question or are listening to the recording,

[00:25:03] send it in at question at MSPradio.com.

[00:25:06] Next week, this show is on Wednesday.

[00:25:09] So catch us live on Wednesday, 3 p.m. Eastern.

[00:25:12] Thanks for joining me for the Business of Tech Lounge

[00:25:14] and I will see you next time.

[00:25:16] ♪