Latest / Business of Tech: Daily MSP News & IT Services Analysis

Ransomware Payments Drop 35% as AI Tool Usage Surges; New Charter Acquires Orchestrate AI Labs
New Charter Technologies has made a significant move by acquiring Orchestrate AI Labs, a company focused on integrating artificial intelligence into managed service provider (MSP) operations. This strategic acquisition aims to enhance New Charter's capabilities by combining human expertise with AI automation, positioning the company as a leader in the evolving IT landscape. Peter Melby, CEO of New Charter, expressed enthusiasm about leveraging Orchestrate's AI technology, while Ryan Barton, the CEO of Orchestrate AI, has joined New Charter as Chief Innovation Officer, emphasizing the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.