The managed services industry is growing rapidly across the globe, everywhere we are finding phenomenal numbers. If you look at revenue breakdowns for public companies in this space, you can clearly see why there’s lots of excitement.
We’d like to bring your attention to South African technology firm EOH, a company with no debt and 212M in cash reserves, who in the last year experienced 20% gains in their Managed Services business. You can find the details in the presentation below, note the segmental reporting on page 7. Over half of EOH’s business is managed services, and the numbers they’re reporting match the trending we found in India last week.