Know What the Booming Cloud Managed Services Market has in Store for MSPs

Cloud Managed Services for MSPs

The world is witnessing the paradigm shift in recent trends and technologies in retrospect of cloud management requirements that are evolving around the hybrid and multi-cloud models. The Managed Services Providers (MSPs) play a very crucial role in channelizing the cloud managed services of any organization deep into the market. The MSPs also sell migration services that shift customer from private cloud to public clouds. The MSPs help users to move their applications to the cloud, sell their cloud services, and manage and optimize those services, as well. This has boomed the cloud managed services and its market, with a lot of merger and acquisition activities happening over the cloud. The cloud managed services boost the enterprises to reach the marketplace faster, better, and cheaper.

What are Cloud Managed Services?

To begin with, cloud managed services are a type of IT outsourcing solution that allows businesses to delegate their cloud infrastructure management and maintenance to a third-party provider. Cloud service providers enable organizations to focus on their core competencies while enjoying the benefits of cloud computing. Cloud consulting services can include a wide range of basic and advanced services:

  • Management of cloud resources
  • Monitoring of cloud resources
  • Application migration
  • Security, and
  • Disaster recovery

These services are provided by a team of experts who have the necessary knowledge and expertise to manage cloud infrastructure efficiently and effectively. One of the key benefits of using Cloud Managed Services is that they help organizations reduce the cost and complexity of managing their cloud infrastructure. Outsourcing these tasks to a specialized provider allows organizations to avoid the hassles that come with:

  • Hiring and training internal IT staff
  • Purchasing and maintaining expensive hardware and software
  • Investing in the latest technologies and security measures

Managed cloud services offer a high level of scalability and flexibility, and are designed to adapt to the changing needs of businesses. This allows organizations to rapidly respond to changes in demand, reduce costs, and improve operational efficiency.

Cloud Managed Services vs Self-Managed Cloud: A comparison

Cloud computing has revolutionized the way businesses manage their IT infrastructure. It allows for an efficient and scalable solution that reduces costs and improves overall flexibility. When it comes to cloud computing, organizations can choose between two options:

  • Cloud managed services
  • Self-managed cloud

Let us discuss these in detail.

Cloud Managed Services

Third-party managed cloud hosting providers are responsible for the administration, maintenance, and management of your organization’s cloud infrastructure. They look after everything, from managing security, backups, and updates, to monitoring other day-to-day requirements. It is your provider that is also responsible for ensuring that the cloud infrastructure meets the agreed-upon service level agreements (SLAs) and performance standards.

Self-Managed Cloud

Self-managed cloud involves businesses managing their own cloud infrastructure. This means that they are responsible for the administration, maintenance, and management of the cloud infrastructure, including security, backups, updates, and monitoring. Self-managed cloud offers businesses greater control over their cloud infrastructure but also requires a significant investment in time, money, and resources.

Key benefits of choosing managed cloud services

Here are the amazing benefits of hiring cloud storage providers:

Expertise

MSPs have a deep understanding of cloud technologies and are up-to-date with the latest developments and best practices. This means your business can benefit from the specialized experience of dedicated professionals, making your systems efficient.

Scalability

Cloud managed service providers offer you the ability to scale resources up or down quickly as and when required. This feature is particularly beneficial for businesses with fluctuating workloads or rapid growth.

Cost-effectiveness

Managed cloud services can be more cost-effective than self-managed cloud, as businesses don’t need to hire IT staff to manage cloud infrastructure or invest in expensive hardware and software.

Reliability

Last, but not least, Managed cloud hosting providers offer high levels of reliability and uptime. In the majority of scenarios, MSPs generally guarantee a certain level of availability, providing backup and recovery solutions. The Growing Popularity of Cloud Managed Services.

As the global cloud managed services market is expected to reach a whopping USD 82.51 billion by 2021, enterprises are focusing on their primary business operations that might result in higher rate of adoption of cloud managed services. FYI, these cloud managed services consists of business services, data center services, security services, network services, and mobility services as a major category. Deploying these services helps users to reduce the IT and operations costs, which eventually enhances the productivity of the concerned enterprise.

How these Cloud Managed Services support MSPs?

Let us know how this booming cloud managed services sector is going to help the MSPs for the future enterprise growth. 

Customized Solutions: The managed services these days are customized based on the user specifications and enterprise requirements. So, it is easier for MSPs to channelize the services in the market accordingly rather than understanding the requirements first, and then deciding which is better.

Proactive Support and Maintenance: The cloud managed services offer proactive support to their providers that later help users to identify the potential issues beforehand and reduce them to minimize the downtime.

Accessing the Best: The growth of managed services will result in a broad marketplace, where the MSPs will have an opportunity to avail the best services to its users. The practice will eventually help the clients to access newer IT services and technologies

Operational Efficiency: The operational efficiency of the MSPs depends widely on the growth and innovation of cloud services management. Better managed services will lead to better strategic initiatives and technological planning of the MSPs.

Bottom-Line: The growth of cloud managed services enable the providers to augment competencies that they lack, or to replace processes that were traditional and incurred huge recurring costs. This helps the MSPs optimize their services and transform the IT infrastructure of their clients to automate their business processes and help them achieve business goals.

Tips and Considerations For Choosing a Cloud Managed Service Provider

Choosing a managed cloud services provider is an important decision that can have a significant impact on your business. Here are some tips and considerations to keep in mind when choosing a cloud MSP:

  • Assess your needs: Before choosing an MSP, you should have a clear understanding of your organization’s requirements. Consider factors such as the size of your organization, the complexity of your IT environment, and your budget.
  • Evaluate expertise and experience: Look for an MSP that has experience managing cloud environments similar to yours. Ask for references and case studies that demonstrate their expertise in your specific industry or business needs.
  • Check certifications: Make sure the MSP has relevant certifications from cloud service providers such as AWS, Azure, or Google Cloud Platform. These certifications demonstrate that the MSP has the necessary knowledge and expertise to manage your cloud infrastructure.
  • Evaluate security measures: Security is a critical aspect of cloud management. Look for an MSP that has experience with security compliance frameworks such as SOC 2, HIPAA, or PCI DSS. Ask about their security policies, procedures, and incident response plans.
  • Check service level agreements (SLAs): SLAs outline the MSP’s commitment to service availability and uptime. Make sure the SLAs meet your business requirements and that the MSP has a proven track record of meeting SLA targets.
  • Evaluate support options: Look for an MSP that offers 24/7 support and has a team of experienced technicians who can provide timely support in case of issues or outages.
  • Review pricing and contract terms: Make sure you understand the pricing model and contract terms before signing up with an MSP. Look for an MSP that offers transparent pricing and flexible contract terms.

Final Word

If you are keen to avail managed public cloud services for your enterprise but need a managed service provider to do so, look no further than i2k2 Networks. We are a dedicated cloud web hosting services provider. Our 20-years of business continuity and proven experience in the market have helped us emerge as one of the top data center companies in India. The cloud expert team at i2k2 Networks not only help you reduce your IT infrastructure and administration costs, but also promises to deliver unmatched efficiency through dedicated web hosting managed services that result in drastic reduction of the Total Cost of Ownership (TCO) of your organization. Your search for a reliable web hosting company in Delhi NCR ends here. Call us at +91-120-466-3031 | +91-971-177-4040, or you can even drop a mail at sales@i2k2.com.