Successful business needs some elements to be in without which a business can’t survive. When you start a business it needs some investment, tools and technology and the major part of the business that is the human resource. It includes all the employees working in different departments of the organization. Human resource is the most important part of every organization. With the passage of time the need of having more human resource is decreasing and this is just because of the reason that we are moving towards the e-business. E-business includes the online work and some organizations prefer to complete their work from some online sources so this has changed the hiring process.

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

The basic work of managed service providers includes the maintenance of the old data, keeping the backups and the IT related services like security protections, web designing etc. There are a lot of work related to IT and they work for different companies at a time.

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.

There are certain advantages of managed services provider that make it more commonly used service rather than recruitment of new employees. The most important benefit is that the companies who don’t want to establish a new IT setup due to space or cost constraints could easily get their work done by the managed services provider. Secondly, it’s a cost effective and time saving process of hiring services provider instead of hiring new employees. Managed services provider can provide all type of IT related guidance and solutions that one or two employees might not be able to handle with at a single time. The overall benefit of managed service provider is that they will always provided you the best and timely work because they have to maintain their trust relation with all companies as it’s the only way of their survival.

Some companies are reluctant in using the new virtual methods but mostly are switching to keep pace with the modern cost efficient and time saving techniques. With all the popularity that managed services provider have gained in a short period of time, it can be said that their future will make them approach the systems of those companies also, which are reluctant these days.