I spotted some data from the Channel Partners Conference this week and, so, quoting channel futures.
Peter Kujawa, vice president of Service Leadership, is amazed by the amount of MSPs he benchmarks in the company’s quarterly reports that lose money. In the first quarter, 31% of MSPs he surveyed lost money. That was actually better than the 36% that reported losses in the previous quarter. Profitability among the top quartile of MSPs he surveys is about 24%.
Nearly a third of companies in this space are losing money. I’ve been citing a quarter for a long time, so time to update my numbers. Kujawa goes on to talk about how much opportunity there is… and yet, 1 in three is not making money.