ConnectWise and Perch Security veteran Wes Spencer has joined Rewst, an MSP software startup dedicated to robotic process automation (RPA).
Wes Spencer, president, Rewst
In a prepared statement about his career transition, Spencer said:
“MSPs are entering a new era in their lifecycle, and I’m very excited to be in the middle of it. Top MSPs are starting to move towards a business-transformation, automation-first mindset for themselves and their clients.But they need the right tools to augment that strategy, and Rewst will be key to driving that goal to success.
Spencer will work closely with Rewst founder Aharon Chernin, who drives Rewst’s business and brand promotion. Also, Spencer will continue to work with ConnectWise as an advisor as he joins that company’s new Marquee Ambassador Program.
Side note: Both Spencer and Chernin are attending the Right of Boom security conference this week for MSPs in Tampa, Florida.
RPA Software: Extending From Enterprise to MSPs?
The MSP opportunity is simply stated: RPA bots can allow partners and customers to automate manual business processes and technology. Within the IT services market, RPA can also help MSPs further automate their own help desks, customer support operations, and cybersecurity services.
The demand for RPA software is evolving. The global robotic process automation market is expected to reach $ 10.7 billion by 2027, expanding at a CAGR (compound annual growth rate) of 33.6% from 2020 to 2027, according to Grand View Research Inc. Amidst the growth of the RPA market, many companies are acquiring RPA software providers and related RPA consulting skills.
Amid that backdrop, Rewst in 2021 raised $ 2.5 million in seed funding, led by Florida Funders. Also, TruMethods CEO Gary Pica is a business investor.
RPA Software Market: Enterprise Players
RPA’s major enterprise -focused software companies include Automation Anywhere, Blue Prism, Microsoft Power Automate, Salesforce, ServiceNow and UiPath, among others.
Even IBM jumped into the action, as part of IBM CEO Arvind Krishna’s M&A to pivot the enterprise technology provider towards multi-cloud software that drives business automation.
Meanwhile, Rewst, ElectroNeek and several other upstarts (stay tuned) want to bring the power of RPA to the MSP sector. We look forward to potential partner updates.
Disclosure: ChannelE2E editor Joe Panettieri is a member of the Florida Funders.