With the advent of Information Technology in business came the feature of business automation. Automation not only within one's own sphere of work or operation, but in synchronisation with operations outside the local sphere also. This gave rise to networks. To manage individual networks as an integrated entity came in Network Management and nothing on earth this day is worth if it not be cost effective. We therefore end up with Cost-effective Network Management as a necessity for the day's activity. A complete network is made up of two components. They are the hardware component and the software component. One has to only see it to believe it so far as the number of individual components that comprise a complete network.
When any one of these components faces a bug that retards or stops its working the Network Manager is the individual who is called upon to provide a solution. A complete view of the network and its operations from wherever the network manager is located becomes a necessity for providing the solution. Volatile is the market and so is the functioning of a business house to cater for these market changes. The network being used by the business house in turn also faces a rapidly changing scenario. The network map drawn on the hard board one day would turn, out of place, in a few days span. A tool which is capable of providing a continuously updated view of the network and its functioning is the need of the day. This software should also have the capability to permit the network manager remotely manage the various components that make up the network.. Managed Services Provider is one such class of software which gives an integrated view of the complete network and the various programs that is running upon it. The software could be one that needs no user intervention, then there are others which need to be executed by a network manager and there are those which are a mix of both. Depending on availability and competence of the network manager the type of MSP software is to be selected.
The software solution for managing networks accrues high cost saving to the business house. Instead of separate network managers managing every individual network, it could be substituted by just one network manager sitting at one location with this tool to manage the entire network. How well and detailed does the MSP software report the network statistics and status and how wide and deep can the software report decide the power and strength of the software. However there are various other factors and features that each individual company would indicate in their product manifesto. Features like ease of deploying the MSP software itself across the entire network. The demand for system resources that the software be inherent with. For increased profit margins a cost-effective network management system is a deciding issue to any business house. This is especially so given the 'e' factor that has attached itself in every facet of a business in today's world. A Managed Service Provider is capable of bringing down price incurred by the business house in network management, in turn assuring increased profit margin to the business house. It could therefore be concluded that MSP is a cost-effective tool.