June 20166 Editor-in-ChiefManaging EditorEditorial StaffSales Mailing AddressTo subscribe to APACCIOOutlookVisualizersAPACCIOOutlook44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538Visit www.apacciooutlook.comShravan KashyapStephen ThomasLarry KohenRachi V SharmaCopyright © 2016 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.June 07 2016, Volume 2 SE 29 Published by ValleyMedia Inc.Annie JohnsonDean AmbroseStephanie MazueraSushil Kumar KannothShivali SharmaSudeshna MazumdarChristo Picardoc.picardo@apacciooutlook.com+852-8172-0096EditorialFrom the time when Eastman Kodak made the monumental decision to outsource their IT systems to IBM, outsourcing has become a commonplace concept. The trend that started in 1989 has since evolved immensely and taken various forms; managed services being one of them. Although it might be tough to identify where outsourcing ends and managed services begin. To put it simply, managed services focuses more on outcome based models such as SLAs that have a business meaning delivered on a subscription basis. It helps companies find specific solutions that do not alone focus on cost savings but help you improve efficiency, create reliability of IT operations and propel you to stay in tune with new technologies that are swarming the market at breakneck speed. Relying on an MSP lets you focus on your core competence and leave the IT hassles to external experts. Be it a multinational organization, an SME or a home office, every business stands to gain operational efficiency and cost benefits while choosing to rely on MSPs. The managed services market has grown rather gradually as MSPs were unable to convey the advantages an organization could gain out of working with an MSP but the scenario is changing for the better. A report by MarketsandMarkets suggests that the global managed services market will be worth $193.34 billion by 2019, growing at a CAGR of 12.5 percent. Although North America will be the largest managed services market in terms of revenues generated, but Asia-Pacific (APAC) is expected to emerge as a high-growth market. The growth in the APAC managed services market can be attributed to the scale and diversity of the region. It has created opportunities for local and regional providers to effectively compete with large global players for gaining a considerable chunk of the market share. Do let us know your thoughts.Rachi V SharmaManaging Editoreditor@apacciooutlook.comFocus on your Core Competency as MSPs Efficiently Handle your ITNEXT ISSUEGIS SPECIAL
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