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.

Hiring process in every organization varies according to their rules and regulation and also depending on the type of work they have in their organization. This process is very expansive and as we are living in a global era so everyone is moving towards online businesses for which they need resources to do their work online. This is because online businesses are easy to handle, they do not require any this type of selection and this process is cost effective and time consuming too. In manual selection or hiring there are many factors to check like short listing, interviews and trainings while online method is easy and quick. The problem in manual selection is that when a company has a large project and they have to do it in a very short period of time then they look for the most reliable human resource rather they hire new people so they go for the option to work for part time if the employees get ready then they start working if not then the company think about the new hiring process for the business requirement.

Presently the solution for this problem is hiring a reliable outer party for the extra work. This need can be satisfied by any online or real source. Another name used for this out source is managed services provider. Managed service provider has the function to manage the work of different companies in order to take benefit and manage their business. Third parties provide monthly services against the charges. Shortly speaking managed service providers get the projects of service provision from other companies and get profit in return.

IT related problems can be solved in a best way by using managed service provider. If we say that managed service provider meant to be for IT assistance, then it will not a false statement because most of the companies of recent world are transferring their IT functions to them by considering them a reliable source.

Managed services provider has taken a place of IT department in many companies, as they are providing all IT related consultancies and services in nominal monthly payments that are much lowest then hiring the IT staff in any company. So, most of the modern companies prefer to outsource some of their work to the third party to reduce the cost as well to save their precious time.

There are many pros of having managed service providers and one of the most important benefit is that the companies who can’t afford or have the time and space constraints to have some new setup for the IT department they usually get the benefit of it. Then this is very cost effective process. This can provide all sort of solutions related to IT department.

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.