Managed IT Services Projected to Grow Drastically

Managing the manpower, systems and processes single-handedly can be a tiresome, time-consuming and costly task. In fact, building systems in-house that can flawlessly manage and support the IT requirements is quite difficult and expensive to maintain. Therefore, in order to take away these issues and help you concentrate on your hardcore business goals, managed IT services come into play.

Managed IT services are the tasks that involve a third-party contractor who provides and deals with the company’s varied IT requirements. The entire responsibility of effectively maintaining the IT service and equipment lies with the service provider as per the service-level agreement (SLA) signed between the two.

A managed IT service benefits the client in numerous ways as mentioned below:

  • Reduced IT and labour costs.
  • Trained and experienced IT professionals.
  • Reduced risk.
  • Improved efficiency and competitiveness
  • Access to latest software and other technologies.
  • Fixing server problems from a distance.

As per one of the studies, it is projected that the managed services market is estimated to grow from £118.50 billion in 2016 to £197.68 billion by 2027. Joe Panettieri, Content Czar, ChannelE2E believes that the directory and backup services will mix SaaS, IaaS and on-premises computing. According to Ted Roller, Virtual Channel Chief, Get Chaneled, “Big Data solutions are going to meet the SMB channel, and the resultant wave of productivity is going to drive significant growth and excitement for the next 10 years, starting in 2016.”

Managed IT Services - Infographic

Infographic by Assembly Managed Services

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