A Managed Service Provider (MSP) is a company that offers a range of IT services to businesses, helping them manage their technology needs. These services can include network management, data backup, cybersecurity, and software updates. By outsourcing these tasks to an MSP, businesses can focus on their core operations while ensuring their IT systems run smoothly and securely. MSPs typically operate on a subscription model, providing ongoing support and maintenance for a fixed monthly fee. This arrangement allows businesses to predict their IT costs and access expert support without the need for in-house IT staff. Overall, MSPs play a crucial role in enhancing operational efficiency and reducing technology-related risks.