N-able surpasses internal targets

OBJ Staff
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Ottawa-based N-able Technologies says it has exceeded its company growth expectations by 47 per cent, as well as achieving record-high growth ratings in 2012.

N-able Technologies CEO Gavin Garbutt.

The figures were contained in a year-end commentary released Wednesday. The privately-held company did not provide hard numbers to support its claims, or specify the growth measurements it was using.

Last year, the number of clients managed by N-able partners grew an average of 44 per cent, bringing the total number of small and medium-sized businesses managed by N-able’s platform to more than 82,000, according to the company.

The number of devices managed by N-able’s managed service provider partners increased by 67 per cent.

Gavin Garbutt, the company’s CEO, said he believes that growth will continue into 2013.

“N-able made significant technology gains across the board in 2012 that directly and positively impacted the success of our MSP partners worldwide, elevated by discussions around managed services and gave us, and our channel partners, a competitive edge that will grow even stronger in 2013,” stated Mr. Garbutt in a company release.

N-able was a pioneer in offering remote monitoring and IT automation to small and medium-sized businesses, a technology that was previously only available to the big firms, said Mr. Garbutt in a previous interview with OBJ. He’s been with the Ottawa-based company since it was founded in 2000.

In 2011, the company announced that it had more than doubled its users under its managed service partner base.

Mr. Garbutt predicted growth in 2012 last January because of an infusion of private equity funding the previous year.

Geographic location: Ottawa

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