Acronis CEO Prakash Panjwani Plans MSP Platform Expansion and MDR/XDR Growth

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Summary

Acronis CEO Prakash Panjwani says the company plans to expand its MSP platform and MDR/XDR offerings, emphasizing open telemetry, automated remediation, and technology-focused acquisitions.

Key points

  • Prakash Panjwani, formerly CEO of WatchGuard, has taken over as Acronis CEO, replacing Jan-Jaap Jager.
  • Acronis plans to expand from backup, disaster recovery, and cyber resilience into MDR and XDR.
  • Panjwani cited open telemetry ingestion and AI-driven automated remediation as differentiators for Acronis’s MDR and XDR offerings.
  • The company aims to grow through its existing MSP partners, increased adoption of current services, and expansion into adjacent security areas.
  • Panjwani said Acronis will prioritize technology acquisitions that integrate with its existing platform and expects to define its roadmap and acquisition strategy by early 2027.

Article Details

Event Type
Acronis appointed Prakash Panjwani as CEO, with a strategy focused on expanding its MSP platform and growing in MDR and XDR.
Impact
Acronis plans to expand adoption among its MSP partners, automate routine MSP workflows, and broaden its cybersecurity offerings through open telemetry ingestion, automated remediation, and technology acquisitions. No breach or direct security incident is reported.

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