The progress of a business depends upon the capital, land, machinery, labor and their proper placement. Human resource is considered as the most significant factor in any business set-up. The modern inventions have reduced the recruitment of the human resource, as it replaces the humans with machines and introduce new techniques to run the business efficiently.

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.

Managed services provider majorly provides IT related services like technical assistance for any business, maintenance of their old data and making their backups, providence of full fledge security protection for their computer systems, designing and maintaining their websites, designing their logos for different products, server management, maintenance of customer's records, who have visited the website and found any query regarding any product, and lots of other IT related assistance.

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.

Managed service provider has some advantages that help him to replace the idea of hiring new employees with its services. It is the best solution to cope up with the limitations of cost, time and space that instead of opening a new IT department get IT service done by any service provider. This method can prove to be the cost efficient and helps the company in saving time. It is basically a replacement of an employee by a whole organized system with providing deep guidance in case of any query. Their survival needs the trust based relationship with their customer companies, in order to maintain that customer and retain those companies, they offer highly productive, reliable and time saving work output.

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.