MSPmentor

Boundary, a month-old SAAS monitoring service provider, has hired Gary Read as its CEO. Read is the former CEO of Nimsoft, a cloud-based networking monitoring provider that CA Technologies acquired in 2010. Here’s the scoop.

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The times they are a changing. Our fourth-annual MSPmentor 250 list is set to debut the week of August 1. The MSPmentor 250 will help you to rapidly build a Rolodex containing managed services experts, entrepreneurs and executive names. But there are big changes to this year’s MSPmentor 250. In fact, here are eight well-known industry names who didn’t make this year’s edition…

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When CA Technologies acquired Nimsoft about 15 months ago, I openly wondered if CA would suffocate Nimsoft’s corporate culture and business strategy — which involves selling managed services software into the midmarket. Instead of killing Nimsoft, CA maintained a hands-off approach and Nimsoft flourished. But more recently, a new challenge has popped up: Some of Nimsoft’s top talent — including former CEO Gary Read and former VP Phil LaForge — have left in recent months. So how has Nimsoft responded?

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Chris O’Malley, a CA Technologies veteran with deep cloud computing and M&A experience, is set to succeed Gary Read as CEO of Nimsoft. The move comes roughly one year after CA acquired Nimsoft. Here’s the update, including perspectives from O’Malley (pictured) and Read — and the potential implications for managed services providers.

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A major executive change is under way at Nimsoft, the managed services software company owned by CA Technologies. Nimsoft CEO Gary Read is stepping down, to be succeeded by CA GM Chris O’Malley. The planned transition comes roughly one year after CA acquired Nimsoft as part of a cloud computing and managed services software push. Plus, it sounds like some executive promotions and key hires are set to be announced soon at Nimsoft. Check MSPmentor again in about 30 minutes for the complete report. Here’s the complete report.

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It seems like the Managed Services Hype Cycle quieted down a bit in late 2009. But now that MSP Hype Cycle seems to be starting again, as a growing number of software companies and hardware companies are trying to target managed services providers. Ironically, Nimsoft CEO Gary Read — who certainly profits from the MSP industry — is providing a timely reality check to the managed services community. His timing couldn’t be better. Here’s why.

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When CA Inc. acquired Nimsoft in March 2010, the CA press briefings hyped Nimsoft’s cloud strategy quite a bit. Frankly, I was a little confused since Nimsoft’s managed services platform was only available as an on-premises solution. Fast forward to the present and Nimsoft has an answer for MSPs that want a SaaS platform. It’s called Nimsoft On Demand. Here are the details.

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We spend quite a bit of time on MSPmentor covering small but fast-growing software companies that cater to the managed services market. But occasionally an industry titan will catch our attention. A case in point: IBM made a key move this week, and it involved small and midsized communication service providers (CSPs). Does this mean the Big 4 systems management companies (BMC, CA, HP, IBM) are finally waking up to managed services? Here’s some perspective and speculation.

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Nimsoft CEO Gary Read back on July 7 hinted that the managed service platform provider had just completed another record quarter. Apparently, Read wasn’t exaggerating the situation.

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U.S. investors are dealing with a bear stock market. And our SaaS 20 Stock Index is down nearly 20 percent this year. Time for managed service providers to panic? Perhaps not. Anecdotal evidence — including a bullish blog entry from Nimsoft CEO Gary Read — suggests the MSP market continues to hum along. Here’s the scoop.

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Managed service providers can breathe a collective sigh of relief. The first quarter ended yesterday, and MSP platform providers generally sound upbeat about the industry’s health.

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Gary Read, CEO of Nimsoft, has our attention. His personal blog, dated March 12, mentions that the managed service platform provider…

… “has some huge news cooking.”

That’s quite a teaser line, Gary. What’s going on? A merger? An acquisition? A big customer win? A product launch?

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