DECEMBER 2020CIOAPPLICATIONSEUROPE.COM6EditorialImproving Stake on Business Security and GrowthAccording to industry research, cloud managed services for IT will increase by more than 50 percent over the next five years. In fact, according to Markets and Markets, the managed service provider industry will reach a whopping $282 billion by 2023, which is a 56 percent surge from what the market saw last year.The reason behind this is simple. Business leaders are coming to terms with the fact that internal expertise is no longer sufficient to run an efficient business. The changing market trends and industry regulations have a direct impact on their day-to-day operational demands. Not having the skill to keep pace with technology only holds back the efforts a business makes to grow. That's where managed services providers are coming in to bridge the gaps.Today, it is evident from the market statistics that a managed service provider is not only there to help a company with technology adoption. They are also responsible for controlling the ongoing expenditure, along with reducing the risks of adopting newer technology. So, in 2021, when the market is expected to see an increase in the capital expenditure for cloud and managed IT services--after companies start regaining traction that was slowed down by the COVID-19 pandemic--businesses would seek greater support from managed services companies.So, in this edition of CIOApplications Europe, we bring you the story of some of the top-notch managed services companies that deliver the best outcomes for their clients. This edition also offers a combination of thought leadership articles from subject matter experts and exclusive insights from CIOs and CXOs. We hope this edition will provide you with the right assistance in choosing the best managed services companies according to your requirements.Let us know your thoughts!Royce D'Souza Managing Editoreditor@cioapplicationseurope.comRoyce D'SouzaEditorial StaffBen Jackson Ezra BenjaminJames SmithCalvin JamesSenior WritersLeah JaneClara MathewJoe PhillipSalesJennifer.Sjennifer.s@cioapplicationseurope.com Graphics & ArtRonald Donovan*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmail:sales@cioapplicationseurope.comeditor@cioapplicationseurope.commarketing@cioapplicationseurope.comDECEMBER - 26 - 2020, Vol 04 - Issue - 43 (ISSN 2644-2531)Published by ValleyMedia, Inc.To subscribe to CIO Applications EuropeVisit www.cioapplicationseurope.com Copyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorRoyce D'Souza
< Page 5 | Page 7 >