Kaseya commits US$20m in APAC as it chases more MSPs

IT infrastructure management vendor Kaseya has doubled down on its investment in Asia-Pacific after committing to spend US$20 million in the region.

Kaseya, whose IT management platform helps assist MSPs and IT departments, is aiming for 10,000 customers and channel partners in APAC, with a big chunk coming from Australia and New Zealand.

Kaseya global chief executive Fred Voccola, who is in Sydney this week attending the company’s inaugural APAC user conference Connect IT, told CRN that the region is its fastest growing for the business.

“We’re finding that MSPs here are amazing in the ANZ and APAC region, and the business is growing rapidly and could probably grow around 100 percent a year,” Voccola said.

“It’s pretty reflective of how the market in this part of the world is growing an embracing small to mid-sized businesses and the MSPs that are required to provide their IT needs.”

Voccola added that around US$20 million has been invested so far in the region, landing 15 new customers over the past year to add to Kaseya’s more than 2000 MSP customers in the region.

“It’s really important for us that the Kaseya MSPs are the most profitable MSPs,” he added.

“Because we’re offering a comprehensive suite and that we charge 50 percent of what our competitors charge, we’re having a lot of success making Kaseya MSPs the most profitable in Asia.”

Connect IT started this week in Sydney, bringing together Kaseya’s six brands (Kaseya, Unitrends, RapidFire Tools, Spanning and ITGlue) to discuss trends affecting MSPs and internal IT teams. The invite-only event brought in some 400 participants, but expects to expand to more than 1000 next year.