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With outsourcing, you pick specific services and ask an external company to help address specific business needs. Managed services, on the other hand, take a much more holistic approach to providing excellence in technology services.4

Why does a business need managed IT services? Businesses need managed service providers because they negate risks. Instead of outsourcing IT when a problem occurs, managed services allows consistent monitoring of a network. Also, all updating and maintenance tasks are handled by a managed service provider.