Managed security services providers (MSSPs) have traditionally focused on technology and security stack implementations, product integration, refactoring, migration, and long-term managed operations support. Cloud adoption has changed this dynamic; cloud service providers deliver shrink-wrapped, tightly integrated offerings that squeeze out point products. This report examines how MSSPs can add value to their clients’ cloud investments in: 1) cloud monitoring; 2) managed detection and response (MDR); 3) identity and access management (IAM); 4) cloud compliance; and 5) cloud governance, procurement negotiations, cost management, and operational reviews.