Across the industry, the majority of technology companies are seeing flat or declining services revenues, causing CEOs to worry. However, there's good news in that managed services revenues are on the rise. In fact, managed services (MS) is growing faster than any other service line, with the total of MS revenues jumping from 6% of all services revenue to 24% since 2013. (Tweet this!) This has led to a huge opportunity for CEOs of technology companies that don't currently have a managed services business to begin taking advantage of this fast-growing and highly profitable revenue stream. In this SlideShare, you'll learn the top 3 reasons why technology companies looking to stay profitable in this changing industry need to invest in managed services.
Learn How Managed Services Can Grow Your Revenue
TSIA's newest book, Technology-as-a-Service Playbook: How to Grow a Profitable Subscription Business, details how managed services is an ideal solution for technology companies looking to make the transition to the Cloud. (Tweet this!) Download this free chapter preview of "The Case for Managed Services" to start learning how a managed XaaS solution can benefit your business.
About the Author
George Humphrey, is the vice president of research, Managed Services, for TSIA. He is a networking and communications industry veteran of over 20 years with extensive experience in managed infrastructure and application services. Throughout his career, he has held several leadership positions in managed services, including global strategy, product line management, marketing, operations, and client management.