70 Percent of MSPs Must Adapt Services to Capitalize on Internet of Things, AVG Study Reveals

AMSTERDAM and SAN FRANCISCO – October 22, 2014 – Roughly 1-in-4 (26 percent) small- to medium-sized businesses (SMBs) and managed services providers (MSPs) expect the Internet of Things (IoT) including multiple devices, wearables and Cloud-based services in general to generate more money for them than any of the other current big IT trends, according to a new survey announced today by AVG Technologies N.V. (NYSE: AVG), the online security company for devices, data and people. Almost three out of five (57 percent) SMBs agreed that IoT will help boost their revenues, a sentiment that was echoed by around two-thirds (67 percent) of MSP respondents. However just 18 percent of SMB respondents thought their IT provider was ahead of the curve regarding IoT management while 70 per cent of MSPs themselves admitted the need to adapt their services to meet customer expectations in this regard.