JUNE 20196 Technology is making long strides in business, changing the way businesses operate. As organizations look to do more with less, they do not want to be hassled with tasks that are not their core functionality. Organizations are moving into an arena where managed service providers can take over the specialized tasks to improve operational efficiency and effectiveness of a business, while they can focus on their core functionality. Especially in today's volatile economic and regulatory landscape, organizations are strategically adopting managed services to better organize, operate, and safeguard their business. Moreover when it comes to delivering defined business outcomes, one of the many benefits of technology is the ability to quantify results in real-time with advanced analytics and reporting, which has led companies to seek outcome-based managed services. In the wake of cloud gathering momentum, managed service providers have their plate full in helping companies capitalize on the immense benefits of the cloud. As cloud technology grows ever more complex, managed service providers are introducing a new consumption model that allows businesses to leverage the latest technologies on pay-per-use, on-demand basis, which enables companies to focus their investments in key business priorities.On a parallel rise with the increasing need of managed services, blockchain and internet of things (IoT) are also set to demonstrate better opportunities for managed services providers as these technologies require expert knowledge for implementation. Concurrently, risks and threats that are bound to multiply with increased connectivity between products and technologies call for better security support. Managed services providers hoping to stay relevant and contend on equal grounds with competitors have to stay equipped with the necessary skillsets for these as well as other innovative technologies such as artificial intelligence and AR/VR. At such a juncture, enterprises are expected to move toward managed service providers that can effectively bear the responsibility of running and transforming their business operations and processes. For managed service providers, the key will be to garner experience and expertise in the specialized technology domains and provide domain-specific specialists to support every business need.Let us know your thoughts.Annie JohnsonTo subscribe to APACCIOOutlookVisit www.apacciooutlook.comArt & GraphicsAmelia StewartFlynn SmythToby LangtonJie Ch'angManaging EditorAnnie JohnsonEditorialCollaboration with InnovationSenior WritersLane Adams Clara MathewRoyce D'SouzaEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowDai ShihKenny PeruzziCopyright © 2019 ValleyMedia Inc. All rights reserved. Reproduc on in whole or part of any text, photography or illustra ons without wri en permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustra ons. Views and opinions expressed in this publica on are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.JUNE - 19 - 2019, Volume 05 - Issue - 27 (ISSN 2644-2876)Published by ValleyMedia Inc.*"Some of the Insights are based on the interviews with respecti ve CIOs and CXOs to our editorial staff "Emailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comContact usPhone: +1 510.996.5168Fax: 510-894-8405Annie JohnsonManaging Editoreditor@apacciooutlook.com
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