How Do Application Managed Services Add Value to Cloud Investments?
A third-party provider provides Application Managed Services to manage and maintain specific applications for a customer. These services can include software updates, security patches, performance monitoring, and troubleshooting. Organizations often need in-house expertise or resources to manage applications effectively.
Benefits of Application Managed Services
Improve Application Performance
Managed service providers (MSPs) use monitoring tools to monitor the application performance constantly. This allows them to quickly identify and address any application issues, which can help reduce downtime and improve performance. MSPs fine-tune applications and use optimization techniques to enhance performance. They also help organizations plan for future capacity needs, preventing the over-provisioning or under-provisioning of resources. MSPs can also automate specific tasks, such as backups and software updates, which can free up resources and improve performance.
Improve Security
MSPs ensure that applications are always up to date with the latest security patches and software updates, protecting them against vulnerabilities and threats. They use vulnerability scanning and management tools to identify and address potential security vulnerabilities. They can deploy encryption to protect sensitive data, both in transit and at rest, and implement access controls, such as multi-factor authentication and role-based access, to ensure that only authorized users can access data. They also use security monitoring tools to detect and respond to security incidents on time. MSPs also implement backup and disaster recovery plans to protect data in case of a security incident or natural disaster.
Save Costs
Organizations can save money by outsourcing the management of specific applications to a third-party provider rather than hiring and training in-house staff. They can save money on equipment costs, as the MSP will typically provide the necessary hardware and infrastructure. They can also reduce maintenance costs by outsourcing software updates, security patches, and other maintenance tasks. Organizations can also scale their applications as needed and avoid the cost of over-provisioning or under-provisioning resources. MSPs can also utilize economies of scale to offer their services at a lower price than an individual organization can achieve.
Improve Scalability
Managed service providers can use automation to allocate resources dynamically based on an application’s current and predicted usage, ensuring that the application always has the resources required to meet demand. Many MSPs use cloud infrastructure providers, such as AWS, Azure, or OCI, allowing organizations to scale their applications up or down as needed quickly. MSPs also use auto-scaling to automatically add or remove resources based on the current usage of an application.
Improve Expertise
MSPs have a team of experts with specialized knowledge and experience in managing applications, which can ensure that the application is configured correctly and optimized for your specific needs. MSPs also stay up-to-date with the latest trends, best practices, and new features in their applications, helping organizations take advantage of new capabilities as they become available. MSPs also offer the expertise to troubleshoot and resolve issues quickly, reducing downtime and improving performance. They can automate time-consuming tasks such as software updates, backups, and security patches, freeing up critical resources. MSPs also provide regular communication and reporting to keep the organization informed about the health and performance of the application, helping you identify and handle potential issues early on.
Improve Compliance
MSPs frequently have expertise working with related apps in the same industry and are knowledgeable about the standards and regulations unique to that sector. In order to help you comply with regulatory standards, they may make sure that apps are kept updated with the latest security patches and software updates. MSPs use advanced compliance monitoring tools to detect and promptly address potential compliance issues. They provide auditing and reporting to improve compliance and help you to identify potential compliance risks, such as data breaches or unauthorized access. MSPs can also help organizations develop incident response plans to be well-prepared to respond to a security incident or data breach.
Oracle Managed Cloud Services
With Oracle Managed Cloud Services, customers can take advantage of the scalability, security, and performance of the Oracle Cloud without acquiring personnel, tools, and expertise. Oracle Managed Cloud Services can also help customers comply with industry regulations and standards by providing regular software updates, security patches, and compliance monitoring.
Managed Cloud Service Providers
A managed cloud service provider is a third-party provider that offers various cloud-based services, such as cloud infrastructure, software, and platform services, which are operated and maintained by the provider. Managed cloud service providers manage and maintain cloud-based services on behalf of their customers, which can include software updates, security patches, performance monitoring, and troubleshooting. This can help organizations reduce their IT costs and improve their cloud services’ scalability, security, and performance.
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