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

Buzz Marketing

What is Buzz Marketing?   ‘Buzz Marketing’ is a marketing tactic used to create buzz or interest among the masses for the product or service

Plan Sponsor

What is Plan Sponsor? A ‘Plan Sponsor’ is the term used to refer to an entity that sponsors the employees’ benefits which they receive along

Organizational Justice

What is Organizational Justice?   ‘Organizational Justice’ refers to an employee’s perception of their company and the influence this image has on their own attitudes

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