1、Technology Services Update Harris Williams|Q4 2022Technology Services|Q4 20222Continued Interest in Technology Services Platforms1.Frost&Sullivan and Datto Holding Corp.Massive market opportunity driven by powerful secular trends and the increased reliance on outsourced IT services providers.SUSTAIN

2、EDDEMAND FORIT MANAGEDSERVICESPROVIDERS1The Right Investment PlatformEmphasis on finding a provider that has the right mix of customers,a strong geographic market presence,a diverse service offering,and the ability to consistently introduce new IT solutionsRising M&AWhile consolidation continues to

3、increase,the IT services market remains highly fragmented,with significant opportunity to build a differentiated platform of scaleTalent MigrationBusinesses are reducing internal costs post-pandemic,while shifting experienced internal IT professionals to outsourced providersOne-Stop ShopCustomers ar

4、e reducing the number of third-party providers and looking for a single technology services solution that can holistically deliver security,cloud services,IT consulting,networking,and UCaaS servicesGlobal SME IT Managed Services Market Size and Growth$in BillionsGROWINGSECURITY ANDCOMPLIANCERISKSRap

5、id changes in technology and the critical need to embrace digital transformation created an urgency to replace legacy infrastructure and modernize IT systemsMid-market companies lack the required resources and expertise to navigate ever-increasing IT complexity,and are consistently turning to third-

6、party IT services providers to help deploy,manage,and maintain their IT infrastructureINCREASINGIT COMPLEXITYOutsourced IT services offerings continue to evolve to support a broad range of customer needs and software solutionsCustomers increasingly require 24x7 support,remote monitoring,network mana