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June 10, 2013

The Growth of Managed Service Providers

Managed service providers are becoming more and more common these days, and according to a recent report issued by the Insight Research Corporation, the segment will continue to grow by double-digits over the next four years. Currently a $34 billion industry in the United States, Insight expects that figure to jump to $51 billion by 2017.

“A large percentage of business activity now depends on the Internet for everything from electronic commerce to intranet applications to customer service. These data applications are driving exponential traffic growth onto corporate networks, while increasing their complexity,” explains Fran Caufield, Insight’s research director. “Managed services allow corporations to handle this growth, while outsourcing the most complicated elements to the skilled service provider.”

In addition to managed service providers offering stellar support for less money, the growth in the industry could be attributed to the expanded portfolio of offerings that is becoming more common for a typical managed service provider. As cloud-based technology improves, some managed service providers are jumping on the opportunity to become one-stop shops for all things technology. Whereas in the past these providers would tend to offer more virtual services, they now offer hands-on management of a company’s technological infrastructure in addition to website hosting, data backup, network monitoring and more.

Companies are finding that it makes more sense to contract some of their IT needs out, as instead of having to direct important internal assets on computing infrastructure, those resources could instead be focused on more pressing business needs. Managed service providers offer top tier professional support, so business owners don’t have to worry that the vitality of their systems is being taken for granted or neglected. 

The team at Apex Technology Services, a managed service provider with more than 40 years of combined experience in the technology industry, will excel at meeting your IT needs while helping you save money in the process. To learn more about the services the company provides, click here.

Edited by Justin Reynolds

Apex Technology Services
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