The environmental services market contains services aimed at managing and mitigating environmental impact. The major market sectors include: Waste Management: General waste management includes municipal solid waste and recycling services. Hazardous Waste Disposal: Focuses specifically on managing and disposing of toxic and dangerous substances. Water...
In today’s competitive market, the allure of recurring revenue has become a cornerstone for buyers and investors. This revenue model, characterized by consistent, predictable income streams, is highly prized for several compelling reasons. Predictability and Stability One of the most significant advantages of recurring revenue is its...
The cybersecurity market is set to expand rapidly in 2024 and beyond, according to Canalys. The services sector is projected to outpace the technology sector, with cybersecurity managed services expected to grow by 15% to $80.9 billion, compared to a 10% increase in the cybersecurity...
At some point, you will need to sell your business. When the time comes to put your business on the market, it is in your best interest if your business has a dominant position in the market. Potential buyers will be far less excited about...
The healthcare information technology (IT) sector continues to have significant merger and acquisition (M&A) activity, driven by a variety of strategic imperatives and market pressures. The major sectors in healthcare IT include: EHRs & clinical information Revenue cycle Operations Analytics Infrastructure & compliance In recent years,...
Artificial Intelligence has certainly received more than a bit of attention in the last two years. It’s no wonder that many business owners wonder how best to use this tool to gain an edge over the competition. Currently, the cost of ChatGPT-4 is only $20 per...
According to Canalys Research, the Managed IT Services (MSP) market is projected to grow by at least 12% this year, driven by digital trends like increased demand for cybersecurity, cloud infrastructure, application development, AI consulting, and compliance solutions. Key Insights from the Canalys Report Evolving MSP...
Overall Deal Volume Decreases: The software industry witnessed a 9% year-over-year (YOY) decline in mergers and acquisitions (M&A) volume in 2023, compared to a booming 2021 and 2022 driven by COVID tailwinds. Despite the drop, 2023 volumes remained strong, up 9% from pre-COVID levels in...
Deciding to sell your Managed Services Provider (MSP) is a monumental decision requiring careful consideration. As an owner, your dedication has shaped your company, making it essential to have a clear understanding of your objectives before proceeding. Here are important areas to consider before you...
There can be no doubt that the quality of your employees will directly impact the quality of your business and its long-term value. Employee quality and the success of your business are intrinsically linked. Unfortunately, far too many entrepreneurs learn this lesson too late, and...