Security Management, MSP

Auvik Networks RMM, MSP Software Revenue Climbs 420% in Q1 2017

CPO Alex Hoff
Alex Hoff

Auvik Networks, a network-centric remote monitoring and management (RMM) software provider for MSPs, appears to be in rapid growth mode. Indeed, Auvik reported 420 percent revenue growth in Q1 2017 vs. Q1 2016, and 36 percent growth in customers on a quarterly basis.

Moreover, the company added 14 employees to assist its sales, partner success, support and marketing teams in Q1 2017 and now has 50 employees on staff, Auvik Vice President of Product and Sales Alex Hoff told ChannelE2E.

At first glance those are impressive milestones. But it's difficult to put financial statements -- particularly percentage growth rates -- in proper context without the actual dollar figures for revenues and profits. Also, several of the entrenched RMM players have roughly 1,000 employees or more.

Auvik: Staying Busy

Still, Auvik has been on the move. In February, Auvik and Microsoft teamed up to provide MSPs with a new way to receive network monitoring alerts. The companies announced an integration that enables MSPs to automatically push Auvik alerts to one or more Microsoft Teams group chat channels.

In addition, Auvik's long-awaited integration with RMM software company Continuum launched in February. The Auvik-Continuum integration initially was announced in October. It is designed to help MSPs monitor and remediate network issues without the need to increase their staff.

Auvik also remains on the road, attending this week's HTG member meeting while also looking ahead to:

Auvik: API Integrations

The company also intends to focus on building out more integrations and application programming interfaces (APIs) to support the variety of apps in its partner base, Hoff told ChannelE2E.

"With applications moving from on-premises to the cloud, MSPs are putting more emphasis on their client's network infrastructure. An MSP's current tooling tends to be much more focused on workstations and servers, so they need something to get better visibility into the firewalls, switches, routers and other infrastructure. Auvik gives them that visibility," he said.

Additional insights from Joe Panettieri.

Dan Kobialka

Dan Kobialka is senior contributing editor, MSSP Alert and ChannelE2E. He covers IT security, IT service provider business strategies and partner programs. Dan holds a M.A. in Print and Multimedia Journalism from Emerson College and a B.A. in English from Bridgewater State University. In his free time, Dan enjoys jogging, traveling, playing sports, touring breweries and watching football.