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Case Study: Kaseya Helps Shield
Watch avert a major disaster for a Senior Healthcare Facility
By:
Pratik Roychoudhury CEO, Shield Watch
Agenda
• A Little History About Us
• The Cryptolocker Case Study
• The future of MSP?
• Our Bets
• Technology Vendor Selection – People, Process, Technology, Evolution
• Why Kaseya?
• Comparison with the Competition
• Q&A
Obsessive IT Support
History About Us
1997 2000 2008 2009 2010 2012 2013 2014
Founding First Kaseya Web DEV VCIO Fails Full MSP MRR HaaS MSP Client RMM+MSP Sales Funnel, + Acq. Of Shield CLOUD Watch, India
17 Years in Business 91% Client Retention 95% Customer Satisfaction Rating 97% Net Promoter Score 22 Employees in Tampa, 65 Employees in India Obsessive IT Support
Case Study – Rocky Creek Village 48 Employees – Assisted Living Facility/HIPAA Compliant
• Controller calls in to NOC with issue with unable to open a file
• Help Desk Agent - Kaseya VSA – Investigation
• CRYPTOLOCKER – its verified! Ransom 3 Bitcoins per machine
Obsessive IT Support
3:45 pm
3:47 pm
3:55 pm
Case Study – WAR ROOM Remote War Team Commissioned– Mackey & Bibbs
On-Site Tactical Team Dispatched (4 Engrs.)
• Client Communication/Approval • Kaseya VSA – Deactivate Server Network Card
• Kaseya VSA – Deactivate Workstation Network Card
• Kaseya Symantec Agent - Kicked off Virus Scan on each of the 45
machines
Obsessive IT Support
4:00 pm
4:02 pm
4:05 pm
4:07 pm
4:12 pm
4:10 pm
Case Study – Tactical On-Site Team (4 Engrs.)
• Go through all scan reports
• Quarantined the infected machine
• Started putting machines back on the network
• Started restoring the corrupted files from the VSS
• All Employees back to Work/Network Restored
• Infected Work Station Replaced with Imaged
Machine Obsessive IT Support
4:25 pm
4:26 pm
4:40 pm
5:00 pm
5:20 pm
5:30 pm
Attack to Fully Restored in 1 Hr 45 Mins - What made it possible?
• Access to RMM Technology Tools like Kaseya
• A DOCUMENTED Emergency Response & Disaster Recovery
Plan
• Effective Back Up Solutions
• Great People
• Lots of LUCK!
Obsessive IT Support
The MSP Market • SMB Market (below 100 employees)
• Hyper competitive • Price Sensitive • Likes Single Source Provider for all IT Needs • Unilateral buying decision • Slow to Cloud adoption • Prefers Public Cloud vs Private Cloud but hates dealing with Public Cloud providers • Capital constrained – HaaS; SPLA Licensing • Likes Face2Face IT Help
• Mid Market (100+ – 1000 employees) • Rapidly growing in the MSP model • Structured Buying process • Less qualified competition
Obsessive IT Support
Evolution of MSP – The Shield Watch View
Time
Reactive
Proactive
Reactive
Proactive
Reactive
Proactive
Time
Time
Break Fix
Hybrid
Remote Monitoring
Large Projects
Leasing
HaaS
On Premise
Hybrid
Managed Cloud
Monitoring Hardware Software/LOB Applications
Obsessive IT Support
Our Bets – SMB Market (sub 100 Ees) • HaaS
• Managed Hybrid Cloud
• Remote Monitoring + On-Site Maintenance
• VCIO – Alignment of IT Strategy with Business Objectives • Centered around Value Creation & EXIT Strategy
• Web Development/LOB Application Development
• SEO/SEM
• HaaS + Cloud - Create Lasting Stickiness & Maximize LTV (Long Term Value)
Obsessive IT Support
Our 4-D Approach to MSP
Obsessive IT Support
Business Goals
Exit Strategy
Current IT Infrastructure
Drivers of Value Creation Balanced IT
Roadmap
The Shield Watch Way • We became OBSESSIVE about IT SUPPORT – creates magical
results • Service Delivery Methodology (H-A-L-T)
• Highly Responsive (RMM Tool) • Automated • Live Support – Help Desk/Named Remote Tech. for bigger companies • Tangible - Reporting/On-Line Client Portal/Account Mgmt. Process
• Technology Roadmap Creation/VCIO Services bundled
• Web Development/Application Development/SEO-SEM
Obsessive IT Support
Partner Evaluation Criteria
• Company Evolution
• Technology Alignment with MSP Market Needs
• Strong repeatable processes
• Great people build great companies
People Process
Evolution Technology
Obsessive IT Support
Obsessive IT Support
Time
Creating Value for Clients & Investors
The Maturity Curve
Band of Highest EBITDA Multiplier
Effect of Evolution, M&A, Investments, Mgmt. Change
The Kaseya Trajectory – What it means for us?
• Year 2000 – Revolutionary RMM Tool – Evolution 1
• Year 2006 – Advent into MSP Framework – Evolution 2
• Year 2008 – Pricing Change to adapt to MSP Market – Evolution 3
• Year 2013 – Founders Exit – PE Acquisition – New Management Team - Evolution 4
• Year 2014 – Alignment with the future of MSP – Evolution 5
Obsessive IT Support
Kaseya’s Bets • Run by Business People who want to build great technology to solve
customer challenges and who understand Technology-Monetization vs being run by Technologists who are enamored about Building Great Technology
• Bring Best of Breed Solutions to the table – Helping us develop our MSP strategy
• Embracing the Cloud
• Providing Innovative Solutions to help MSP providers move up the value chain
• BYOD, Kaseya Traverse & Command 365
Obsessive IT Support
Kaseya vs Competitor
Kaseya
• High in MSP Evolution Chain
• Several Automation Tools come standard
• Product Alignment with Our Future Strategy
• Kaseya Traverse, 365 Command, BYOD
• Virtual Engineer Services
Competitor
• Deeper into Technology
• High in Technology Evolution but Low in MSP Evolution
• Lack of BYOD, Cloud & Office 365 Tools
Obsessive IT Support
Kaseya vs Competitor
Kaseya
• High in MSP Evolution Chain
• Several Automation Tools come standard
• Product Alignment with Our Future Strategy
• Traverse, Office 365, BYOD
• Virtual Engineer Services
Competitor • Strategy – Deepen the
MSP Relationship
• Low in MSP Evolution Chain
• Lack of Product Alignment with our Future Strategy
• Avoiding Discussions on Cloud
Obsessive IT Support
Where do we go from Here? • Align your service offerings with the target market not to what other MSPs are
doing – every market has its quirks
• Mid West
• East Coast
• South
• Align your business strategy with that of your main LOB Technology Partners - CRITICAL
• Be forgiving towards Technology Partners – they are also evolving
• Think about Employee Evolution/Relationships before Switching RMM
• Find ways to create client stickiness – remember you don’t have to build it all/Think Private Label
• Own the Client Relationship – Get Deeper into the client’s business strategy
Obsessive IT Support