Ideas in this flowchart

• IT and hosted service models
• Information technology (IT) consists of equipment and techniques for managing and processing information.
• Cloud computing is the delivery of hosted services over the internet.
• An application service provider (ASP) is a company that provides software through its servers and networks.
• An ASP buys and maintains the software on its own servers.
• An ASP distributes the software through high-speed networks to subscribers.
• Subscribers receive the service for a set period and price.
• A managed service provider (MSP) is the next generation of an ASP.
• MSPs offer customization and expanded capabilities.
• MSP capabilities can include business processes.
• MSPs can provide complete management of network servers.