Even as some managed service providers begin to feel pressure from the economic slowdown, there are hints that the MSP market continues to generate healthy growth. A key example: Nimsoft, which develops IT performance and availability monitoring solutions, says it generated record Q1 results — including 83 percent recurring revenue growth.
Nimsoft announced the results on May 14, but I sensed another upbeat quarter from the company when I interviewed CEO Gary Read on April 7. Here’s a bit more on Nimsoft’s results, and its meaning to the broader MSP market.
