The value of managed services is clear: They offload a lot of burden from a company, saving it time and money and reducing learning curves to a nearly flat line in some cases. In a study commissioned by Cisco Systems, research firm Ovum said that it expects the global managed services market to reach $41.5 billion per year by 2009. The study results include predictions that by 2009, managed VPNs will account for 53 percent of the managed services market and that managed VoIP will account for the fastest growth with a 65 percent compound annual growth rate. “Because they can offer around-the-clock monitoring of network performance, improved application performance, and predictable service levels, managed service providers are in a unique position to expand their business in an effort to address the growth of this market,” said Insight President Robert Rosenberg.