Over half of MSPs have applied for government financial support - research

Over half of MSPs have applied for government support to help carry them through the coronavirus pandemic, according to research by SolarWinds.

The vendor's research of 500 MSPs found that 59 per cent of firms applied for help via state-backed relief programmes, with 74 per cent getting the support they needed.

The surveyed companies were based across Europe, North America, Australia and New Zealand.

Colin Knox, VP of community at SolarWinds MSP, said: "To see the overwhelming majority of MSPs retain their staff during a time period characterized by uncertainty is truly heartening, especially given the important role MSPs have played in helping businesses digitally transform.

"The technology industry, and the channel, is resilient but also resourceful, and this crisis has re-enforced the value MSPs bring to businesses.

"Without MSPs as an extension of the team—focused on risk mitigation and business continuity—many businesses would have been lost, and wouldn't have been able to support remote working on such a vast, immediate scale. The knowledge, expertise, and skillset of MSPs has been crucial in this changing climate. They have truly become essential."

Over 80 per cent of the surveyed MSPs said that their staff levels are the same as they were pre-COVID.

Two-thirds of firms said that they do not expect to have to make any changes to their pricing over the long term.