As more enterprise CIOs and CTOs transition to the cloud, the opportunities for managed service providers (MSPs) expanded. At the same time, the managed cloud services market has become more complex as organizations increasingly look to their service providers for superior solutions and business technology leadership. A worldwide survey by International Data Corporation (IDC) examined the service and business requirements that MSPs and their ecosystem partners need to optimize their growth opportunities and drive competitive advantage in the market for managed cloud services. Managed Cloud Services Market Development Due in part to the COVID-19 pandemic, leaders utilize public cloud capabilities (IaaS, PaaS, SaaS), innovative technologies and processes (IoT, edge computing, blockchain), and multi-cloud management platforms for their growth strategies and to ensure business resiliency. While very few organizations have shifted all of their IT applications and infrastructure to the cloud...
TMT Market Research and Analysis