Nimsoft’s CEO Masters the Art of Hype

Gary Read NimsoftGary 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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N-able: No Economic Bumps So Far

Gavin Garbutt, CEO of N-able Technologies, is a glass-half-full type of guy. Despite the tricky U.S. economy, Garbutt sees continued momentum for the managed services industry, and offers some anecdotal proof points that business is humming along — globally.

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Tech Data Cautiously Optimistic About Economy

The same day that Intel delivered disappointing financial results, Tech Data reassured investors and managed service providers that worldwide IT spending remains reasonably healthy. In fact, the big distributor announced strong quarterly financial results and also expressed cautious optimism about its current fiscal year. That’s welcome news for MSPs.

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VMware and Virtualization Meet Managed Services

A few weeks ago, I started hearing rumblings about managed service platform providers embracing the virtualization market. One of the first movers in this effort is Nimsoft, which today unveiled automation tools for monitoring VMware environments. But Nimsoft won’t be alone for long. Plenty of companies are looking to convergence virtualization with managed services. Here’s a sampling of what to expect.

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Nimsoft’s Revenue Booms

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.

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