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

Contingent Worker

Contingent Workers, also known as temporary workers or contractual workers work for the company temporarily. They are generally hired to fulfill a specific task or

Gross Misconduct

What is Gross Misconduct?   ‘Gross Misconduct’ refers to any major unethical behavior by an employee which would even result in them being dismissed immediately

HR Business Partner

What is HR Business Partner?   ‘HR Business Partner’ is the term used for senior HR professionals who work directly with the senior management team

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