A managed service provider (MSP) is a company that offers a range of IT services to businesses. These services can include network management, data backup, cybersecurity, and software updates. By outsourcing these tasks to an MSP, companies 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 helps businesses manage their IT costs more effectively and gain access to specialized expertise without the need to hire in-house staff.