Managed hosting is the appropriate service, if your business has no IT staff and no proper resources to keep a dedicated server. It also concerns about the complete service and management of the dedicated server including the other complex tasks.
Although shared hosting is the viable option for those companies or business owners who are just starting out because it is inexpensive and has no intricate tasks involved, it’s time to have a web hosting from a dedicate server if you want to generate increased traffic, but have no administrative experience about it.
In fact, several businesses that use colocation alone have somewhat failed and tried shifting into managed hosting even though it is considered the most costly web hosting option. This is because there will be no need of buying hardware, software, and other components to the server. Moreover, the IT experts will do the complicated tasks for you.
Simply pay the price set every month for the package that you choose. Eventually, you will realize that the expensive cost you paid for managed hosting actually result to amazing savings and an increased in your website traffic.