Managed Service Provider

What is Managed Service Provider?

 

‘Managed Service Provider’ refers to the third party that manages a company’s IT infrastructure including the computers, servers, etc. The third-party who manages these hardware and software would be paid on a subscription basis.

 

The origin of managed service providers is in the 1900s when they started delivering remote application hosting services. With the advent of newer technology and the penetration of the internet, they eventually evolved into MSPs.

 

MSPs would specialize in specific sectors related to the IT infrastructure such as data storage, antivirus, application deployment, etc. or they might focus on specific verticals such as legal service, financial industry, or medical records maintenance.

More HR Terms

Salary Increment

What is Salary Increment? A salary increment is an increase in an employee’s base salary, which is usually awarded based on an employee’s performance, promotions,

Harassment

What is Harassment?   ‘Harassment’, with respect to the workplace, happens when an employee is targeted by either their colleagues or supervisor for bullying.  

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