MSPmentor

If the managed service market is so darn hot, when can we expect MSP platform providers to begin launching initial public offerings?

I raised that question during an interview with Nimsoft CEO Gary Read on Monday (April 7). While Read can’t speak directly for other MSP platform providers, he certainly has some strong opinions about Nimsoft’s potential path to an IPO. Here’s a sampling of his thoughts. Read More >

While MSPmentor strives to be the most timely voice of managed service providers, several managed services blogs are popping up on the radar. Some are from vendors. Others are from distributors. A few are from MSPs themselves. Here’s a quick look at six MSP-oriented blogs we’re reading. Read More >

I still maintain that no tech sector is immune to an economic slowdown. But even the biggest bears have to admit the bull run continues for the managed services sector. The latest example: Nimsoft’s 2007 revenue hit $29.4 million, up 77 percent from 2006.

Nimsoft is the latest MSP platform provider to deliver bullish results amid the turbulent economy. Executives from Autotask and Kaseya, respectively, earlier this month made optimistic statements about their recent business performance. And our recent MSPmentor 100 report shows that leading managed service providers easily doubled their revenue in 2007 vs. 2006. Read More >

Still skeptical about the promise and payoff of managed services? Maybe you should pay a visit to Nimsoft. The managed service platform provider says 3Q 2007 sales grew 130 percent compared to 3Q 2006. Nimsoft says it also achieved EBITDA profitability, though I don’t pay that much attention to that financial metric. Read More >