Comments on: Goldman Sachs Invests In Nimsoft, Managed Services

By: Joe Panettieri

Joe Panettieri — Fri, 10 Oct 2008 20:08:29 +0000

Stu: Since Nimsoft serves multiple markets (enterprise IT, MSP, etc) and disrupts traditional systems mgmt platforms they seem to be better positioned than many traditional software companies in the current market

By: StuFinancesTech

StuFinancesTech — Fri, 10 Oct 2008 13:25:06 +0000

This leads me to the question of are MSPs not being as affected by the credit crunch as their SMB customers are?? Just wondering. I have recently had a couple of my vendors who are VARs or MSPs actually become clients of mine so I didn’t know if the crunch is affecting you guys or not……after all, they may just like the work I’m doing for their clients …..

Stu

By: Joe Panettieri

Joe Panettieri — Thu, 09 Oct 2008 20:04:05 +0000

Gary: good to hear solid news as the Dow falls below 9000. I remain upbeat about MSPs but worry SMBs will cut IT spending as we head for 2009. I will keep watching your blog for quarterly financial clues.

By: Gary Read

Gary Read — Thu, 09 Oct 2008 18:45:47 +0000

Joe
Yes, we were overwhelmed with interest from potential investors.

Goldman Sachs and many other tier-1 investors cited the strength of our MSP business as a key reason.

More and more MSPs are moving to Nimsoft as their primary monitoring platform as they grow and their needs become more sophisticated.

By the way, blatant plug but we are recruiting MSP specialist sales executives at the moment.

Gary

By: jaesoulmc

jaesoulmc — Thu, 09 Oct 2008 00:27:33 +0000

gotta love it.