MSPmentor

Conventional wisdom says most managed service providers (MSPs) target small businesses that have 100 or fewer seats and no IT management team. But a new survey from Nimsoft reveals that experienced MSPs can successfully target businesses with 1,000 or more employees.

Of course, Nimsoft positions its software for enterprise-class remote monitoring and management opportunities. So it’s in Nimsoft’s best interest to evangelize MSP success in larger deployments.

Still, the survey results are worth exploring and may help some MSPs to unlock new revenue opportunities in larger settings. Here are some survey highlights.

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From VMworld to the ConnectWise Partner Summit, managed service providers attending conferences this week are talking up managed virtualization services.

True believers include ConnectWise CEO Arnie Bellini, GlassHouse Technologies and several managed service providers that have completed the new MSPmentor 100 survey.

Here’s a bit more on the managed virtualization trend.

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Here’s an interesting statistic: Managed service providers that have virtualization expertise say their new business revenues have grown 34 percent over the past 18 months, according to a recent survey sponsored by Nimsoft.

Admittedly, statistics can be tricky to interpret. Most managed service providers on the MSPmentor 100 list are growing far faster than 34 percent annually. But the Nimsoft-sponsored survey caught my attention because the link between managed services and virtualization is unquestionable. Read More >

ConnectWise and Nimsoft, two prominent companies in the managed services market, rank among the United States’ fastest-growing privately held software companies, according to Inc. Magazine’s annual Inc. 5000 list.

By landing on the list, ConnectWise and Nimsoft are reinforcing the fact that the managed services market has experienced rapid growth since at least 2004. Here’s a rare look at some key financial stats for ConnectWise and Nimsoft. Read More >

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.

And that’s good news for the broader managed services market. Read More >

While speaking with a few trusted sources on July 21, I heard Kaseya has generated record quarterly revenue in North America and Europe, among other regions. Sales were also strong and continued to grow in Australia. Here’s a bit more on the rumblings, and their implications for the broader managed service market.

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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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MSPAlliance President Charles Weaver has written a white paper for Nimsoft, focused on 12 strategic best practices for managed service providers. The white paper, along with more than 40 other customer case studies and videos on managed services, is available now in our MSPmentor Resource Center (registration required).

When you enter the Resource Center, scroll down to section 13 to find the piece penned by Weaver.