As cited in CompTIA’s 5th Annual Trends in Managed Services report, the global managed-services market is predicted to grow to $193B by 2019, at a Compound Annual Growth Rate (CAGR) of 12.5 percent. In the Asia-Pacific region alone, managed services market is expected to grow from $19.68 billion in 2013 to $70.48 billion in 2018, at a CAGR of 23.3 percent. What is fueling this impressive level of adoption? Why are so many business owners’ fans of managed service practice?
One of the foremost reason for the growth of Managed Service practices has been because a Managed Services Provider (MSP) helps to bridge the gap between the capacity of a company’s IT department, and the increasing demand for fast-moving, stable, high-performance business technology. CIOs across the globe are looking for MSPs that can deliver advanced services, including cloud infrastructure management, application management and business process outsourcing. This practice of outsourcing management responsibilities and functions by companies brings in a strategic method for improving operations and cutting expenses.
IT Companies are today seeking ways to better their uptime management functions by approaching Managed Service Providers. The current edition of APAC CIO Outlook thus brings to you, “Top 25 Managed Services Providers 2017”. The companies in this list highlight some of the most prominent organization in the industry who with their managed service practices is capable of leading their clients towards excellence. The proposed list aspires to assist individuals and corporations to find the right Managed Service Providers who suit their specific requirement and who can help them accomplish their goals.