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

Summary Plan Description

What is Summary Plan Description?   ‘Summary Plan Description’ refers to the documented tenets of the predefined benefits plan that the employee is provided with,

Performance Planning

What is Performance Planning? Performance planning is the management of employee performance by developing a plan for ensuring the required level of performance. It is

Contact Us

Contact Us