LONDON: SpendEdge, a global procurement market intelligence firm, has announced the release of their report portfolio on global managed services industry and how these reports can assist in selecting the most appropriate managed service provider who can add value to your business.
Instances of financial bankruptcies and major data breaches are compelling global security watchdogs to tighten their grips on organizations. Regular strides being made in the field of technology are creating immense pressure on organizations who are finding it a cumbersome task to scale up their processes to meet the rising requirements. Such phenomena are driving the focus on core areas that bring value to the business. This, on the other hand, is creating tremendous opportunities for the managed services companies who are experiencing an incremental spend from reputed organizations.
Challenges faced while procuring from managed service provider?
Typically, organizations hand over a critical part of the business infrastructure to the managed service provider who strives to boost the operational efficiency. However, in today’s market, procuring managed services can be a cumbersome task. Considering the criticality of the business handed over, the managed service provider must possess the requisite experience to cater to the organizational requirements. While most of the leading organizations are migrating their business infrastructure into the cloud, a majority of the top managed service providers are still not well-versed with this technological trend.
The presence of an exhaustive pool of managed services companies makes it more difficult to select the right managed service provider without proper insights. Often, scopes of services offered by the managed services companies fail to scale up to the buyer’s organizational goal. This invariably results in a massive procurement failure. (more…)