“Managed Services” as a term has been widely used in the IT scenario. Managed services promise to deliver a complete solution instead of installing and maintaining separate software. Managed services are inclusive of on-site and offsite services that the customer would generally have to perform on its own. Due to increasing global competition, complex supply chains, hike in transportation costs and unstable economy, companies are replying on managed services to overcome day-today IT challenges. With this complete package of managed services, companies are able to focus on their core business and maximize the value of IT investments.
Self-service BI system empowers end users to make their own views on the data by customizing their reports. The workers are not hindered by the IT staff nor does the IT department spend time creating new reports in the existing BI system. This is how it potentially benefits both the groups. Also, it has been predicted by 2017 majority of the business users and analysts will have access to self-service tools for preparation of data analysis. Consequently, self-service BI will act as a convenient and seamless tool for data integration between numerous numbers of data assets within and outside the enterprise, granting users more control over BI applications than ever before.
Managed services reduce the risks and external costs of software vendors, meet the demands of today’s volatile economy and enable customers to achieve goals in a stipulated timeframe. Companies expecting to reach real-time/quick results should rely on an Independent Software Vendor (ISV). ISVs have technology and industry experts on board who can work with the customer to deliver the best results and reduce costs. The best managed service providers continue to expand their solutions to meet customer needs and will provide industry experts to deliver business results through technology