Drive Profits through Outsourced Managed IT Services-Toronto Success is 20% skills and 80% strategy. You might know how to succeed, but more importantly, whats your plan to succeed? Jim Rohn To survive and succeed in todays complex and hypercompetitive business landscape; businesses need more than just vision, breakthrough innovation, flawless execution or effective business processes. What is required is a winning strategy that connects all these parameters and lays the foundation for lasting success. With the world becoming increasingly digital, enterprises cannot afford being left behind. They have to pick up their pace to align themselves with customer expectations and needs. Moreover, the advent of mobile devices and cloud-based technologies has brought in an assortment of different devices, applications and platforms that need to be managed and made secure. Hence, enterprises have to leverage their technology landscape so as to increase customer value. Though these are vital for the enterprises to be competitive, focussing on these has its share of disadvantages. Not only would it significantly affect their productivity and efficiency, but it also puts a huge burden in terms of time and investment for running and managing an in house IT department. Unplanned downtime, slow progress and customer disconnect also add to the woes. Thats where managed services come to the picture. As per a recently published report, the global managed services market was valued at USD 155.91 billion in 2017, and is expected to reach USD 296.38 by 2023, witnessing a CAGR of 11.32% during the forecast period, 2018-2023. Partnering with an experienced managed service provider would allow enterprises to be rest assured that their IT requirements would be handled smoothly and efficiently. By putting in place effective strategies to manage the various non-core processes, they succeed in preventing downtime and customer disconnect.