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.

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.

Now a day the most commonly used way for getting the extra work done is giving the responsibilities to the third party. That third party could be an online company or any real one. That third party is usually known as a managed services provider. Managed services provider works as a third party for other companies, they usually works with lots of companies at a single time to maintain their business as well as to get profit. Managed services provider mainly works on monthly packages and they get the monthly charges from the companies, to which they used to provide their services. More precisely we can say that they generate their income and profit from getting projects from other companies by providing their services 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.

The services provided by managed service providers are supplied at lower cost as compared to the cost involved in the hiring of new employees so they are already trained people who are providing us this IT related services. This is very effective way to reduce the cost and time. This step towards the third party is taken mostly by modern companies.

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.