The progress of a business depends upon the capital, land, machinery, labor and their proper placement. Human resource is considered as the most significant factor in any business set-up. The modern inventions have reduced the recruitment of the human resource, as it replaces the humans with machines and introduce new techniques to run the business efficiently.

As the businesses are becoming more virtual or online day by day so some employers are also moving towards getting some part of their businesses done from online sources or from the third party. The major reason of doing this thing is to cut the cost in a way that it couldn’t affect the profitability and operations of business. As we all knows very well that companies usually have to invest a huge amount in hiring process. The hiring includes time consuming processes from short listing among the huge number of candidates to their test, interviews, hiring and finally their training. So it wastes lots of time, energies and cost too. The main problem comes when the company gets the big project for once and it has to complete it in a limited time period. At that time companies used to look at the most reliable and cost effective way rather than hiring new people and trained them. The one option that could be taken in this regard is to ask the employees that either they are able to serve the company as part time workers or not. If the workers get agreed to the management’s proposal then it would be the best option for management rather than hiring new staff. But if the workers don’t want to avail that opportunity then the management has to think something different to meet their business requirement.

Managed service providers are very inn now a day in every kind of businesses. Companies need to reduce their burden so they prefer to share some of their work with any other party, called managed service provider. Managed service provider can be in real or virtual form and it used to work with other companies to share their burdens and to get profits in return on monthly basics.

IT related problems and needs that are satisfied by the virtual service providers include the old data storage, maintaining the new data, their strong web presence by maintenance of web sites, building strong customer satisfaction features, logo designing and many more same kind of assistance services.

Having enough expertise in the related area, these service providers are becoming the IT departments of some companies, as this leads the companies to minimize the costs of making its own IT department. Hence companies hired them as their IT department to mange whole IT needs efficiently.

Some positive points of managed services provider make it preferable over the recruitment of new employees. The companies facing the hurdles of money and space shortage problems usually do not want to make separate IT departments and can avail the virtual IT services from the managed services provider. Another advantage is of minimization of cost and saving of enough time to complete the work instead of hiring and training of the work force. Service provider run a whole broader system that can provide the thorough information and guidance related to each and every issue, but the one or two employees cannot manage that alone. A psychological need of managed service provider can provide better results for you i.e. they have to provide best services in order to retain their customers.

Although some companies still prefer to have in-house IT departments but most of them are moving towards getting the third party’s services to make their outputs quicker and cheaper. By looking its advantages it could be said easily that in future there will be very difficult to find even a single company that has their own IT department in their setup.