Nimsoft CEO Gary Read (photo, right) sounds like a lot of the executives I’ve interviewed lately. Although Nimsoft is growing and remains cash flow positive, customers and managed service providers are delaying purchasing decisions amid the recession, Read told me today. Read’s statements coupled with anecdotes from across the MSP industry provide an important reality check.
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Recession Begins to Impact Managed Service Providers
Posted April 6th, 2009 by Joe Panettieri
Nimsoft, The Planet: Financials Continue Strong
Posted January 30th, 2009 by Joe Panettieri
Sometimes it’s difficult to measure the “health” of the managed services market because so many companies are privately held and don’t disclose financials. However, two companies — Nimsoft and The Planet — this week provided some important clues about their well-being and the continued growth of the managed services industry.
Weekly Poll: December Managed Services Revenue
Posted December 1st, 2008 by Joe Panettieri
Welcome to the final month of 2008. MSPmentor is curious to know how your December business is shaping up. Please complete the following poll and we’ll blog about the results on Friday, December 5.
The Average Managed Service Provider: $3.9 Million In Revenue
Posted August 12th, 2008 by Joe Panettieri
There are roughly 8,000 managed service providers in the United States, and the typical managed service provider generates $3.9 million in annual revenue.
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