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.

The mobility of businesses towards online system is increasing day by day; it includes transferring the whole business setup as an online business or to transfer a part of business to get it done from any other online company. Companies are moving toward virtual businesses not only to save the time but also to reduce the cost that would surely be occurred in hiring new employees. To avoid the long and costly process of hiring most of the companies tends to be online. The hiring process becomes most urgent when any company finds big projects that need a huge number of employees to complete it on time, not only to get profit but to maintain their credibility in the market. In this situation the company can hire their in-house employees for some time as part time workers on additional pay. But the company has to think differently if employees show no interest in working as part time workers.

As there is a trend of online companies who are taking the responsibilities of doing your work as the third party so they are called the managed service providers. Their work is to work with many companies simultaneously and they get profit of it. They charge the companies for the work they do on monthly basis. Their basic work is to get the projects and earn money and profits.

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

Having enough expertise in the related area, these service providers are becoming the IT departments of some companies, as this leads the companies to minimize the costs of making its own IT department. Hence companies hired them as their IT department to mange whole IT needs efficiently.

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.

From the above benefits it is shown that this is a good concept for all type of businesses, either any company follows it or not, and it seems to have growth in near future.