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Mon Mar-11-2024: AI and Cloud Solutions Drive MSP Revenue Growth, Tech Unemployment Rates Rise

Mon Mar-11-2024: AI and Cloud Solutions Drive MSP Revenue Growth, Tech Unemployment Rates Rise

FromBusiness of Tech


Mon Mar-11-2024: AI and Cloud Solutions Drive MSP Revenue Growth, Tech Unemployment Rates Rise

FromBusiness of Tech

ratings:
Length:
12 minutes
Released:
Mar 11, 2024
Format:
Podcast episode

Description

In this episode host Dave Sobel discusses contrasting trends in the tech job market and the MSP sector's growth. Despite the overall job market's growth, tech occupations are facing an increase in unemployment rates. Meanwhile, MSPs are experiencing revenue growth driven by AI and cloud solutions, even as they navigate customer acquisition challenges The episode delves into employment data with insights from the ADP employment report and the Fed's job report, noting a discrepancy in job addition numbers and a rise in the unemployment rate to 3.9 percent—its highest since early 2022. CompTIA's analysis reveals that the tech industry's employment remains relatively stagnant, with minor job additions in tech companies but staffing reductions in telecommunications and manufacturing sectors. Two things to know today 00:00 Tech Occupations See Increased Unemployment Rate Despite Overall Job Market Growth05:32 AI and Cloud Solutions Spearhead MSP Revenue Growth Amid Customer Acquisition Challenges  Supported by:https://huntress.com/mspradio/https://coreview.com/msp/   
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Released:
Mar 11, 2024
Format:
Podcast episode

Titles in the series (100)

Each day, the flood of technology news hits. In an industry that always changes, those who deliver technology services need to focus on the information that matters to them. The Business of Tech podcast focuses on the news you need to know. Covering both the story and why it matters to the way services are created and delivered, channel veteran Dave Sobel brings you up to speed and gives you resources to go deeper. With insights and analysis, this five minute podcast focuses on the knowledge you need to be effective, profitable, and relevant.