The increasing Information and Communications Technology (ICT) spending, growing trend of big-data and analytics, and the need to focus more on core business activities are driving the cloud managed services market.
There is little denying that cloud-first strategies are the foundation for keeping pace with the ever-changing digital landscape. Gartner predicts that “cloud shift” will affect more than $1 trillion in IT spending by 2020.
What is Cloud Managed Services?
Cloud Managed Services provides skilled resources that augment in-house functionalities and IT infrastructure to be managed in collaboration with a third-party managed service provider (MSP) via cloud platforms. Cloud Managed Services enable organizations to augment competences that they lack or to replace functions or processes that incurred huge recurring costs. These services optimize recurring in-house IT costs, transform IT systems and automate business processes allowing Cloud Managed Services customers to achieve their business objectives.