6CIOReview | | JULY 2022As more IT firms seek to expand their services and take on more complicated projects in the wake of rapid digital change across all industries, they are learning that some internal operations must be outsourced to direct their resources and manpower toward innovation.Managed IT services are growing more popular as they handle numerous critical and time-consuming tasks for IT firms. For example, managed IT service providers' cybersecurity mesh ensures network safety and acts as a defense system for IT companies, relieving them of the worry of a potential cyber threat. The services also encompass application maintenance and support through feedback mechanisms like application performance monitoring.Owing to these significant industry trends, the managed services market is expected to reach $311.32 billion by 2027, according to the most recent market data. The analysis also predicts that growth would accelerate at a CAGR of 12.44-percent during the projection period. This can be attributed to managed IT service providers implementing cloud to build new platforms and drive digital transformation for IT firms.On that note, this special edition of CIOReview brings forth the most influential developments in the managed IT services space that are streamlining processes for IT firms. This edition features thought leadership articles from Christopher McCarey, Director of IT security for Gila River Hotels & Casinos, and Michael A. Clancy, Chief Security Officer, Enterprise Resiliency & Security at Fannie Mae who provide insights on a practical approach to IT security that helps ensure a solid foundation and mitigates risks and leveraging vendors for proper risk management during a crisis.The edition sheds light on the most promising managed IT services, including PCA Technology Group, an adaptive and integrated company designing a roadmap for its clients to drive them toward IT maturity.We hope this edition will provide you with the right assistance in choosing the best tech-driven Managed IT Service Providers according to your requirements. Let us know your thoughts!EditorialThe Backbone of InnovationCopyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.comJuly - 21 - 2022, Vol 11, Issue - 48 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.comCIOReviewVisualizersIssac GeorgeMichael Wayne*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@cioreview.com Editorial StaffAaron Pierce Carolynn WaltersCorinne EverettKirby SmithShirley FaithRussell Thomas
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