Top 20 Stories in June: Rubrik IPO, Avaya Free, Cisco Partners
Plus, a new cyber insurance program from Kaseya and Barracuda's partners of the year. But which was No. 1?
![Top Stories, top 20 stories Top Stories, top 20 stories](https://eu-images.contentstack.com/v3/assets/blt10e444bce2d36aa8/blt81e9814f9f03e3e2/6523f0d0b4c3b3683c258d8d/shutterstock_353765360.jpg?width=700&auto=webp&quality=80&disable=upscale)
Yury Zap/Shutterstock
Everybody loves a winner. So when Barracuda celebrated its 20-year anniversary in Denver at Discover ’23 and announced its partners of the year, you were into it.
IntraSystems claimed Partner of the Year and CDW was National Partner of the Year. The security company handed out honors to 10 more companies as well. See the whole list here.
Logitech CEO Bracken Darrell moved out of the tech business and into footwear as the president and CEO of VF Corp.
In his place, the company appointed long-term board member Guy Gecht as interim CEO while the manufacturer of computer peripherals and software looks for a full-time replacement.
Learn why Darrell said this was a good time to hand over the reins.
Amplix, the firm that formed last fall out of a trio of New England-based tech advisors, made another acquisition.
Amplix, which is backed by Gemspring Capital, purchased Corporate Accessories Group (CAG). The deal gives it a foothold in mobility management services.
The companies aren’t strangers to one another.
Our weekly Gately Report always features insight from a big player in the cybersecurity channel.
This edition was no different. We sat down with Proofpoint’s senior VP of worldwide channels and partner sales, Joe Sykora.
“I will tell you, pipelines are stronger than ever with us, and talking to partners, their pipelines are very strong as well,” he told us in the Q&A.
One year after its original publish date, we retire an article from eligibility in the top 20 countdown. But we don’t find ourselves having to do that very often.
This article on the Cloud Software Group might enter that rarified “Oprah” territory. This is its ninth consecutive appearance among our monthly top 20.
Citrix was perhaps the headliner in the article. We told you how it would join the Cloud Software Group after being acquired by Evergreen Coast Capital.
Channel Futures attended ConnectWise’s IT Nation Secure in Orlando last month, and it turns out, it’s a good thing we did. Because if not, this would only be a countdown of 19 stories! (OK, so we would’ve moved No. 21 up, but humor us here.
We took you inside the Solutions Pavilion to give you a glimpse of booths from vendors such as ThreatLocker, Cisco, Trend Micro and more.
News from another industry event, Pax8 Beyond in Denver, cracked our top 20.
The highlight was the introduction of a new cybersecurity partner program, set to debut by the end of summer. It will include training modules to help MSPs upsell more advanced cyber solutions to new and existing customers.
Learn more about the new program here.
Speaking of security, and programs, Kaseya got into the act by introducing its Cyber Insurance Fast Track Program.
The IT and security management provider says it’s partnering with Cysurance, which will provide up to $1.5 million in cyber insurance coverage to MSPs and other partners who make the decision to implement Kaseya’s IT Complete Security Suite.
Dig into the opportunity here.
Our monthly look at 20 big names in a particular technology category — this time, SD-WAN — offered up analysts’ thoughts on the top providers operating in the indirect sales channel.
In fact, this one was so popular, that it was actually May’s CF20 list, landing on the countdown for the second month in a row. We’ve now featured SD-WAN six consecutive years and it continues to be one of our most-read posts annually.
See who made the 2023 list and why.
Everyone is doing AI these days, but when someone as big as AWS does it, it makes headlines.
Reporting from the AWS Summit in London, Channel Futures told you about the series of generative AI-backed tech updates, targeted at both customers and partners, that Amazon Web Services is rolling out.
Here‘s where to get the details.
Progress Software, which makes it MOVEit cloud hosting and file-transfer services, just got hit with a class-action lawsuit resulting from a vulnerability that reportedly impacted millions of people’s data.
The plaintiffs say Progress failed to implement adequate security measures, monitor its network and properly train its employees. Furthermore, the company stands accused of failing to provide timely notice of the incident.
Learn more about the victims of this incident and just how far-reaching it is.
The good news is that fewer articles about tech layoffs are landing on our countdown. The bad news?: There still are some.
Take Anaplan, which provides business planning software, for instance. Sources told The Information that 300 people in the company’s U.S. and U.K. offices were let go. This comes one year after Thoma Bravo acquired Anaplan and took it private.
Read highlights from the WARN notice where the company indicated that the cuts will be permanent.
Avaya is a regular on our monthly countdown for various articles we’ve written about the company, but even more frequently since its declaration of Chapter 11 bankruptcy this past winter.
Fortunately for the company, the latest reason for making it on this list is quite positive.
For the second month in a row, Avaya lands in our top 20 for emerging from bankruptcy. Analyst Jon Arnold told us this emergence from Chapter 11 “was much faster and on more favorable terms” than the last one six years ago. He believes that the company is right when it says it’s in a more advantageous position than it was last time.
Learn what Avaya’s CEO had to say.
Channel Futures attended Cisco Live last month and thought an in-depth look at the challenges and opportunities facing the IT giant’s vast, diverse ecosystem of partners would be appropriate.
So we sat down with some of them to get their impressions not only of Cisco’s message at the event, but also of Cisco’s partner engagement overall.
Some of what we heard surprised us.
Might Rubrik be the next company operatiing in the channel to file for an initial public offering?
Reuters says it’s likely because Rubrik, the zero-trust data security provider backed by Microsoft, is working closely with some big-name banks to make it happen.
A source told Reuters that a Rubrik IPO could raise more than $750 million.
We asked analysts what they think of such a move.
This is one that’s been watched closely in the channel for several months, and almost every time we post an update, it lands in our top 20.
The latest news is that Broadcom might finally getting a key regulatory approval that’s been holding up its mammoth $61 billion acquisition of VMware — endorsement from the European Union.
In fact, Reuters, citing people familiar with the matter, said the European Commission within the EU could greenlight the acquisition by July 17. This comes after the Commission opened an in-depth investigation into the impact of the proposed acquisition on competition back in December.
Tech industry layoffs have slowed a bit from earlier in the year, but they’re not completely behind us.
We updated our layoff tracker for 2023 with details about job cuts at Red Hat, F5 Networks, CDW and more. In all, it includes more than 40 companies doing business in the channel who have laid off workers this year.
Our monthly Channel People on the Move never fails to make an appearance.
This edition featured new hires and promotions at HPE, Lumen, Sophos and many more. Pictured is Gary Levy, new channel leader at Alvaria.
The biggest of the layoff stories last month on Channel Futures was Zendesk‘s announcement that about 320 employees, or 8% of its workforce, were on the way out.
The customer experience software provider’s CEO noted that, in announcement about the cuts, that “macroeconomic conditions have not improved and find ourselves in an increasingly competitive marketplace.”
Read what some former employees are saying on social media.
If you’ve been following Channel Futures for any time at all, this countdown is a bit anticlimactic. There was never any doubt that our rankings of the world’s top managed service providers would land at No. 1 in its release month. In fact, you’ll most likely see it in the top 20 for the next couple of months as well.
Congrats to Ensono for landing in the top spot. You can download the full list here.
If you’ve been following Channel Futures for any time at all, this countdown is a bit anticlimactic. There was never any doubt that our rankings of the world’s top managed service providers would land at No. 1 in its release month. In fact, you’ll most likely see it in the top 20 for the next couple of months as well.
Congrats to Ensono for landing in the top spot. You can download the full list here.
We’ve reached the midway part of the year, and some themes still ring true in our monthly top 20 stories countdown.
The first is layoffs. While job cuts in tech have slowed considerably from the first quarter, articles about two more layoff announcements in June landed in our top 20.
The other is less a trend or theme than a single topic. This story from October 2022 about the formation of the Cloud Software Group is among our top 20 stories for the ninth – no mistake – ninth consecutive month.
Another regular on our list is Avaya. This story about its emergency from bankruptcy is here for the second month in a row. And just about anytime we publish an update on Broadcom’s pursuit of VMware, it gets eyeballs.
But it isn’t all old “news” on this edition of the top 20 stories countdown. As expected, the annual Channel Futures MSP 501 rankings had a big showing in June.
We also heard about a possible IPO for Rubrik and a class-action lawsuit stemming from a data breach. And these days, an unveiling of top tech stories wouldn’t exist without some mention of AI.
Our slideshow above takes you through our top 20 stories for June David Letterman-style, beginning with No. 20 and ending with No. 1. We determine the rankings by combining online pageviews with results from our daily and weekly newsletters. This is where you can sign up for those.
If you missed our top 20 stories from May, you can see that countdown here.
Want to contact the author directly about this story? Have ideas for a follow-up article? Email Craig Galbraith or connect with him on LinkedIn. |
About the Author(s)
You May Also Like