To run the business successfully there are lots of things required like investment, equipments, proper setup and last but most important is human resource. Human resource is always taken as the back bone of any business either new or old. Although human resource is always taken as the valuable asset for any company but due to modern technological inventions, new ways of doing businesses are coming every day that has affected the human recourse’s hiring to some extent.

Today the outsourcing of businesses is becoming very common and preferable by the businessmen. It is done for being cost efficient in proper way. Companies usually incur huge costs in recruiting the staff. Recruitment is a long procedure having being divide in certain steps i.e. short listing of candidates, walk in interviews, selection committee, hiring of employees and at last their training sessions. This long procedure can affect the business in any possible negative way. Time limitation in completing a huge task instantly is the big challenge for a company. The company faces a problem when there is small time limit for completing a big project. The best thing at this stage is to discover a best alternative for performing the required task timely rather than striking head in useless and unreliable procedures. To ask the pet employees to work as part timers can be a solution for the company. And if they agree, there could not be any other best alternative than this. On the contrary; company would have to go for another way if workers disagree.

To shed down the load of extra work, management can hire a third party. Work can be assigned to any one, either to a physical company or the virtual one, depending upon the reliability in satisfaction of needs. Managed service provider is the name used for third party providing service. The managed service provider serves various companies at a time and manages their work properly in addition to earn income. They charge the served companies on the basis of monthly schedules. Their income is based on the tasks assigned by different companies in order to provide the service to them

Managed services provider majorly provides IT related services like technical assistance for any business, maintenance of their old data and making their backups, providence of full fledge security protection for their computer systems, designing and maintaining their websites, designing their logos for different products, server management, maintenance of customer's records, who have visited the website and found any query regarding any product, and lots of other IT related assistance.

The cost of hiring IT personnel’s could be minimized by acquiring the services of managed service provider. The companies who are working as managed service provider always has a large number of IT specialists who have full command over their work, so they can work for any company in an efficient manner to produce their profits at reduced cost.

Managed service provider is very useful having many benefits like this is very cost effective process for those companies who can’t afford to maintain or even build their separate IT setups and it reduces the cost that would be incurred in hiring new IT staff. Managed service provider will always facilitate you with the best ever and timely IT solutions because they have to maintain their credibility to make more profit.

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.