Top Stories in June: Cisco, VMware, Telarus, Lacework Layoffs, More
Our top story includes hundreds of companies around the globe.
July 7, 2022
![Top 20 stories Top 20 stories](https://eu-images.contentstack.com/v3/assets/blt10e444bce2d36aa8/bltc6665eeda20ac983/6523eb9eb64ed704d906720e/Top-20.jpg?width=700&auto=webp&quality=80&disable=upscale)
Shutterstock
Cisco Systems is encouraging partners to come along with it in its software-based, as-a-service journey, and in some cases partners are leading the way.
Cisco’s efforts to promote managed services among its partners are no secret. While some customers still prefer to be DIY in provisioning Cisco technology, the majority of them want more help, we reported.
“Most of our customers are sick and tired of being system integrators,” one expert said.
Broadcom’s acquisition of VMware has caused channel partners and customers to worry that it may result in detrimental changes to VMware. We reported that most partners interviewed said the move surprised them. Other partners were more direct about their feelings toward the deal.
“Broadcom does not have a ton of credibility in our space and tends to buy B-tier products companies except in this instance,” one CEO told Channel Futures. “This is a surprise and immediately makes me wonder if this is a step up for Broadcom or what will be a step down for VMware.”
The number is staggering. There are about 400,000 open cybersecurity jobs in the United States, according to an (ISC)² report. The cybersecurity talent shortage is getting worse. In addition, talent is leaving major social media companies to seek out work that’s of a “higher purpose,” said Trellix CEO Bryan Palma at the RSA Conference 2022. Palma went further to chastise social media giants like Facebook, Twitter and Instagram, saying their leaders are aware of the societal damage they cause but do little about it. Read more about what else he had to say.
From Microsoft’s channel chief exit to the Kaseya-Datto deal reaction, there’s plenty of controversy to go around. Our editor Edward Gately explores these topics and more, revisiting the conflicts that have impacted the channel during the first half of the year.
ReliaQuest, which increases visibility, reduces complexity and manages risk with its cloud-native security operations platform, is buying Digital Shadows, which delivers threat intelligence for security teams. The price tag is $160 million.
Learn how the combined company will make security operations more effective.
Several tech companies have laid off workers in recent weeks, including cloud security company Lacework. It might seem odd that layoffs are necessary when the company raised $1.3 billion in growth funding last year. According to our reporting, Lacework is making “important changes” to its team and its business.
The Channel Futures NextGen 101 are those companies that hold great promise given the leading-edge information technology and communication solutions they offer. Many of those business models revolve around generating recurring revenue from cloud, security, unified communications and more. Here are the top 50 companies that made the cut.
Sandy Hogan led the VMware channel as senior vice president of worldwide commercial and partner sales for just over two years, the average time a typical channel chief lasts. Hogan’s departure coincides with the pending VMware takeover by Broadcom. However, as we were first to report, VMware says her exit does not come as a direct result of the $61 billion deal.
Channel Futures decided that the time was right for a list that focused on the top SASE providers. Customers are looking for SASE architecture that provides good visibility into the network traffic, user behavior and threats, driving the need for SASE-native threat intelligence to be integrated into the architecture to provide better actionable information to the security team.
The list we compiled is based on feedback from analysts and recent news reports. Providers are making the most of the ongoing competitive landscape and charting success.
David Stokes is the general manager for IBM’s partner ecosystem in EMEA. He spoke with Channel Futures about the channel’s great value to IBM, including the three biggest opportunities for partners today. Watch the video to learn more about the various partners IBM works with.
Kaseya CEO Fred Voccola spoke at Kaseya’s Connect IT Global 2022 event in Las Vegas in June. Voccola covered a range of topics, focusing on the state of the MSP and SMB industry, and what this means for Kaseya and its different business units. However, the topic the audience wanted to hear more of from Voccola was about Kaseya’s acquisition of Datto. He didn’t disappoint. Our editor Allison Francis delves into that and more here.
In June Cybereason laid off 10% of its workforce in Israel, the United States and Europe, citing a closed tech initial public offering (IPO) market. Cybereason operates in 50 countries and its workforce totaled 1,500. Its reason for the layoffs seemed to counter the banner year for tech IPOs in 2021.
Not everyone is happy with a move that establishes a direct partnership between Upstack and Lumen. Find out how the arrangement directly challenges the technology solutions brokerage (TSB) community. As one source said, “I thought it sounded unwieldy for them to try to run business through the TSBs in the first place and assumed they would end up creating their own relationships with providers. I think for many of the TSBs that have invested significant resources in supporting Upstack from the start, the fact that Upstack has changed strategies and decided to pursue direct agreements with service providers has got to be hard for them to stomach.”
Splunk .Conf22 brought 12,500 attendees and more than 1,800 partners to Las Vegas in June. On Day 1 of its first in-person .Conf since the start of the pandemic, Splunk unveiled enhancements to its Partnerverse partner program it launched in March. Read more about the program through Edward Gately’s reporting.
“We have more than 2,400 partners to help you and the great community joining us here,” said Splunk’s president and CEO Gary Steele to conference goers. “They can be instrumental in helping solve … critical data problems. You have access to market-leading experts to help you.”
Channel People on the Move is one of our most popular series. Who doesn’t want to see a who’s who of individuals filling new roles and receiving promotions? Last month we showcased people taking positions at Zoom, ConnectWise, Verizon and Citrix, to name a few.
According to our editor James Anderson, Telarus has acquired TCG in a move that expands its reach geographically and establishes the firm as one of the leading players in a technology distribution market experiencing rapid consolidation.
The deal strengthens Telarus’ footprint on the East Coast and gives it access to a TCG’s loyal sales partner base. For TCG, joining forces with Telarus gives TCG agents a deeper set of resources.
Read our extended coverage of this topic here and here.
Amazon Web Services (AWS) vet Stephen Orban will join Google Cloud later this year in a senior leadership role. He’ll report to Kevin Ichhpurani, Google Cloud’s corporate vice president of global ecosystem and channels. Google Cloud isn’t saying when Orban is coming on board or whether this is a newly created role. AWS confirmed he has already vacated his position with the cloud giant. Find out what his new job at Google Cloud will be.
OneTrust has confirmed layoffs impacting 950 employees or about 25% of its workforce as part of a reorganization despite record quarters and increasing customer demand. OneTrust is offering departing employees severance, equity and extended health care packages. It’s also creating a network to support them in their job searches. Read what the CEO had to say about balancing growth and profitability.
Thousands of readers flocked to our site in June to see which MSPs made our annual 501 list, which recognizes the top managed service providers globally. This made the list our No.1 most-read story of the month.
Companies included on the 2022 MSP 501 list represent truly innovative and influential market leaders providing managed services to today’s most demanding customers around the world. These organizations stood out among an astounding number of applicants. They are a cut above in terms of their technical talent, growth-oriented business models and strategic partnerships.
To review the breakdown of the MSP 501 winners, visit these links:
Thousands of readers flocked to our site in June to see which MSPs made our annual 501 list, which recognizes the top managed service providers globally. This made the list our No.1 most-read story of the month.
Companies included on the 2022 MSP 501 list represent truly innovative and influential market leaders providing managed services to today’s most demanding customers around the world. These organizations stood out among an astounding number of applicants. They are a cut above in terms of their technical talent, growth-oriented business models and strategic partnerships.
To review the breakdown of the MSP 501 winners, visit these links:
It’s a new month which means it’s time for looking back at the channel’s top stories from June, including news out of Cisco, VMware, Telarus and layoffs at Lacework, to name a few.
More news of Broadcom’s acquisition of VMware trickled into this month as well. Broadcom’s deal has caused channel partners and customers to worry, and many expressed their doubts to our editor. VMware also saw the departure of its channel chief, who left the role for reasons beyond the acquisition.
Layoffs seem to be hitting the channel more frequently. We discussed three prominent ones for this roundup. Are the reasons behind the job loss justified?
Our Channel People on the Move continues to be a popular feature. Additionally, we focus on one channel leader’s transition from AWS to Google Cloud.
Finally, readers can’t get enough of the MSP 501. However, is the list our most popular story of the month?
The slideshow above features Channel Futures’ top 20 stories in June, as determined by you, our loyal readers. We aggregated visits to our website and click-throughs in our weekly newsletters. Speaking of the newsletter, you’ll probably want to sign up for that here if you don’t already subscribe.
So, what was No. 1? You’ll have to check out our slideshow for that, but in the meantime, investigate May’s top 20 here.
About the Author(s)
You May Also Like