Managed Application Service Market: Rising Demand for End-to-End Application Hosting Services and Increasing Level of Application Infrastructure
Managed application services allow to successfully outsource complete application support for in-house installations and related third-party products. Application maintenance and support has become a major challenge owing to the constantly changing regulatory and technology landscape. Budget restrictions and organizational needs have forced several financial institutions to focus strictly on immediate needs. Thus, managed application services help shorten production cycles, reduce downtime and volatility, and improve ability to respond to changing business requirements. The end result is hassle-free application management and...
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