Managed services are rapidly becoming a key strategy for IT administrators, shifting from operational support to driving business outcomes. A $357 billion total addressable market (TAM) is projected for managed services by 2027, with 46% of Cisco’s product TAM expected to be bundled with managed services. This growth is driven by the demand for cross-architectural, cloud-delivered solutions and vendor consolidation. Companies using managed services can reduce operational burdens, improve agility, and enhance customer outcomes, making it essential for long-term success in the IT landscape.

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