N-able Financials: Jauvin Explains Growth Numbers
N-able General Manager JP Jauvin spoke with MSPmentor about the company’s recent financial performance, answering an unanswered question from SolarWinds (SWI) recent earnings releases: What sparked N-able’s accelerated growth in 2012 and Q1 2013?
“I believe those are the first real numbers that I’ve seen from an RMM vendor in the last few years,” he said, talking about the numbers released as part of SolarWinds quarterly earnings announcement. “There have been a lot of press releases and vague mentions of numbers, but I believe these are the first concrete financial metrics.”
According to Jauvin, the growing numbers across the board were mainly an outcome of N-able’s main business strategies, which he said have revolved around delivering value in three forms: technology, support, and business programs.
“We have a great technology vision, a great roadmap, and we’re certainly always viewed as leaders on the forefront when it comes to industry direction and formulating programs in terms of where the industry is going to be,” he said.
With regards to the SolarWinds acquisition of N-able, Jauvin said that “being part of a larger family only bodes extremely well for N-able in terms of growth and for customers as a recipient of that.”
He went on to suggest that N-able’s financials should serve as a reality check to managed services providers (MSPs) as they evaluate various statements by MSP tool vendors in the market.
“I do want to point out that this is an example that should be a warning to a lot of MSPs,” Jauvin said. “I can’t count the number of times in the past few years where competitors have made ridiculous, false, fabricated claims about N-able,” he said.
He added that MSPs should be careful when evaluating these claims. “For the most part these claims are 100 percent wrong,” he said.