The Managed Cloud Services market is witnessing accelerated growth in recent years due to the advancements in cloud computing. Cloud migrations can help organizations achieve faster business outcomes. However, managing and scaling your mission-critical applications and underlying technology layer to the Cloud can be a challenge. The Cloud Managed Services offering enables you to delegate the responsibility of comprehensive cloud management and support to a Cloud Managed Service Providers (MSPs). Cloud MSPs provide skilled resources that augment in-house functionalities and IT infrastructure to be managed in collaboration with a third-party service provider.