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The Analyst Magazine:
Managed Services : Doing More for Less
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The same factors that made India synonymous with software services are coming to the fore once again in the form of managed services. It is the same story, with the same players, but only with a slight change in the script. Indian companies, after proving their mettle in the area of software services, are now pursuing "managed services"which, according to s, could be the next big wave for the Indian services sector.After IT and IT-enabled services, managed services are the buzzword in the Indian IT space. Players like Wipro, Satyam Infoway, Datacraft, Microland, NetMagic, CMS, and HCL Comnet have already forayed into the managed services business and have carved a niche for themselves. What is more encouraging is that, unlike in software services, even the domestic companies are coming forward to avail managed services. A host of factors, like India's low-cost labor, a vast pool of skilled professionals, suitable government policies and a favorable environment, that are believed to be the factors behind the success of India's software industry, are again seen favoring the budding market of managed services.

Managed services are network-related services that are outsourced to a service provider for installation, maintenance and management. There are different areas of managed services like security, storage, voice and data integration, maintenance, etc., out of which management of Virtual Private Networks (also known as VPNs, they are a company's private network that makes use of the publicly available network like the Internet) is most popular. Other areas of rising interest are voice over IP (VoIP) managed services, remote storage and backup, as well as support for monitoring and managing mobile devices. Companies can outsource some or all network services to a managed service provider (MSP). In turn, the provider can design, deploy, and manage VPNs, Internet Protocol (IP) telephony, security, and other network services, thereby freeing companies to focus on core tasks.

As more and more companies are realizing that focusing on core competencies is the key to survival and success in the current business environment, the market for managed services is gaining momentum. Also, the emergence of new data technologies, like the convergence of voice, video, and data, and the explosion of e-business across many industries, have resulted in corporate networks dramatically changing and becoming increasingly complex. Adding to these woes, it is becoming extremely difficult for companies to keep pace with the changing technological needs and recruit, train, and retain the staff required for this purpose. This trend has led to a complex spectrum of managed services offerings with managed network services (MNS) forming the foundation.

 
 
 

Managed Services, Doing More for Less, Indian software companies, Indian services sector, Wipro, Satyam Infoway, Datacraft, Microland, NetMagic, CMS, HCL Comnet, India s low-cost labor, skilled professionals, suitable government policies, the success of India s software industry, factors, voice over IP (VoIP), VPNs, Internet Protocol (IP) telephony, security, network services, Cisco, Managed Services market and the Managed Services players, Managed Services emerging trends, Future trends, IT spending, strengthening of the Indian rupee, growing IT maturity in the country, domestic outsourcing, nature of outsourcing, low-end to higher-end tasks Companies, Managed Services - global and local.