Wednesday, May 23 has been declared as the inaugural MSP Day, a chance to celebrate the difference that managed IT services are making to UK businesses.

On May 23, competitors will become collaborators, and enemies can be friends (or frenemies at the very least) as the IT industry gets together to share successes, best practices, and insights in order to give businesses in the UK the best possible experience of managed IT services.

At the most recent estimate, the global managed services market is expected to grow from $152.45 billion last year to $257.84 billion by 2022. This phenomenal growth is driven by a number of factors, including budget constraints for installation and implementation of hardware and software, limited IT resource to manage and support managed services, and business need for greater scalability.

That’s a huge opportunity, which has been made possible through increasing collaboration between the creators, distributors, and providers of technology to businesses of all sizes in a wide range of industries. MSP Day celebrates this, with the aim to give those UK firms that are using managed services the chance to learn what’s possible, and how to make the transition securely and effectively.

Introducing the State of the MSP Nation Report

MSP Day will see the launch of the State of the MSP Nation Report, a detailed analysis of the appetite for and application of managed IT services within UK businesses. The views of those offering managed services will be compared with the views of those who are using them in order to gain a comprehensive understanding of the opportunities and challenges likely to affect the further growth of this sector.

How can people get involved?

For technology creators, distributors, and providers, MSP Day gives them a unique opportunity to build partnerships with like-minded organisations. In hearing from their peers about how they’ve successfully developed and sold managed services for businesses in a range of industries, they’ll be able to broaden their knowledge and pick up some useful best practice tips to aid their own business growth.

For the UK’s small and medium-sized businesses, for whom managed services could be a cost-effective platform to support their own growth, MSP Day represents an opportunity to demystify the concept of managed services and visualise how exactly they might impact on their business. The development of an online community alongside the day will give them the chance to share advice and tips with other businesses that are facing the same challenges, as well as find answers to their own questions. Most importantly, it’s an opportunity to hear from the experts in this field without feeling like they are being sold to.

Creators, distributors, and providers of technology can register at barracudamsp.com/mspday to show their support and access a helpful toolkit of MSP Day assets.