Managed Services is a term that refers to the practice of outsourcing the support and management of a company's IT network to improve business operations. Companies that provide managed services are called Managed Service Providers (MSPs). MSPs take a holistic approach to IT services, resulting in a higher standard than many organizations can achieve internally. Major service providers also offer ongoing management and maintenance of the underlying infrastructure along with end-user support and service guarantees. The major importance of managed it services are: 

Proactive solutions

When you decide to outsource your IT as a proactive effort, you get better performance, with almost no downtime, and with less hassle. MSPs help identify these problems to avoid deterioration and costly repairs and increased downtime.

Predictable monthly costs

All investments in IT involve peripheral costs. Organizations require adequate networking, security, and storage. They need to train staff, manage teams, and implement systems. Unexpected costs can arise. By outsourcing initiatives to MSPs, organizations will be able to break down costs into fixed monthly payments, in contrast to the huge capital expenditures involved in managing internal systems.

Reduce the risk

All corporate investments carry a specific amount of risk. Competition, government regulations, markets, technologies and financial conditions change very rapidly. Outsourcing vendors anticipate and manage much of this risk for you, with industry-specific insights, especially security and compliance issues. In general, they are believed to be much better at deciding how to prevent risks in their areas of expertise.

Level the playing field

Larger companies generally have in-house support services along with a team of full-time IT professionals. Small and medium-sized businesses cannot afford this luxury alone. One of the benefits of using managed IT services is that outsourcing allows you to gain the knowledge and skills that larger companies have. This can really help level the playing field between you and the competition.

Reduce costs

The primary benefit of a managed services model is its ability to reduce business costs. One cost that companies can't always remember is that MSPs help reduce the occurrence of costly network disasters.

Compliance and security

When you outsource to an MSP that is very familiar with PCI compliance standards, you effectively reduce the risk of customer data, credit card numbers, or other sensitive information. MSPs use security strategies to keep the firewall up to date.

Management of provisions

MSPs deal with hardware and software vendors, so there's no need to go through complicated technical conversations.

Stay focused on your core business

Companies are known for having limited resources and limiting the time and attention of each individual manager. Outsourcing can help your company stay focused on core business and not be bothered by complicated IT decisions. Your business will need to operate at maximum efficiency and this can only be achieved when your networks are up and running.

New technology

One of the major benefits of managed services is the speed with which new technologies can be applied to your business. A quality outsourced IT services organization will have all the essential resources to start new projects immediately. Running the same project internally could take weeks or months just to hire the right people, train them, and then provide them with the support they need. For most deployments, quality IT companies will bring years of experience to the fore, saving time and money.