8 developments that will have a significant impact on the managed services market in 2023
The evolution of the managed services business is proportionate to the development of information technology.
Why, you ask?
The solution is evident. MSPs are hired for their technological skills. MSPs improvise in order to remain profitable and ahead of their competition; they modify their procedures, technology infrastructure, and management techniques.
Let's take a look at some managed services market facts:
• 59% of IT services have moved away from the conventional break-fix paradigm and toward a managed service contract model. • Approximately 45 % of firms intend to collaborate with a managed security service provider. • 42% of firms use additional security tools to safeguard cloud-based data and apps. • As of 2019, 60% of businesses utilised hosted cloud services. • In 2019, revenue from IT outsourcing was $66.5 billion.Read More
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