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.

Today the outsourcing of businesses is becoming very common and preferable by the businessmen. It is done for being cost efficient in proper way. Companies usually incur huge costs in recruiting the staff. Recruitment is a long procedure having being divide in certain steps i.e. short listing of candidates, walk in interviews, selection committee, hiring of employees and at last their training sessions. This long procedure can affect the business in any possible negative way. Time limitation in completing a huge task instantly is the big challenge for a company. The company faces a problem when there is small time limit for completing a big project. The best thing at this stage is to discover a best alternative for performing the required task timely rather than striking head in useless and unreliable procedures. To ask the pet employees to work as part timers can be a solution for the company. And if they agree, there could not be any other best alternative than this. On the contrary; company would have to go for another way if workers disagree.

To shed down the load of extra work, management can hire a third party. Work can be assigned to any one, either to a physical company or the virtual one, depending upon the reliability in satisfaction of needs. Managed service provider is the name used for third party providing service. The managed service provider serves various companies at a time and manages their work properly in addition to earn income. They charge the served companies on the basis of monthly schedules. Their income is based on the tasks assigned by different companies in order to provide the service to them

Usually the IT related services are provided by the managed service providers and assist the companies in managing their IT related problems and in addition to the new ways of management they helps to expand the business on web

Companies realized after analysis of expenses incurred by company’s IT department and the outer service that the costs are minimized in hiring the services from outside. Hiring them as the IT department save the company from unnecessary wastage of time and cost

Some positive points of managed services provider make it preferable over the recruitment of new employees. The companies facing the hurdles of money and space shortage problems usually do not want to make separate IT departments and can avail the virtual IT services from the managed services provider. Another advantage is of minimization of cost and saving of enough time to complete the work instead of hiring and training of the work force. Service provider run a whole broader system that can provide the thorough information and guidance related to each and every issue, but the one or two employees cannot manage that alone. A psychological need of managed service provider can provide better results for you i.e. they have to provide best services in order to retain their customers.

Though this is really a good way to reduce your cost and work burden but still there are companies who are not following this strategy because they are not that comfortable or flexible with this. Looking into the benefits this seems to be very successful step for future companies.