Managed services and outsourcing works exactly the same. However managed IT services and traditional IT services are different. Pay attention to the words managed and tradition outsourcing given. It is basically obtaining services from a third party. There are different ways of observing one is traditional IT services the other one has managed IT services. So basically these two are different models through which IT services are outsourced.
FRONTEO is a technology and services company specialized in big data, AI, and information governance. FRONTEO is driven by a service-oriented culture that continues to aim higher and brighter to develop state-of-the-art technology and the best services on the market, creating immense value for its customers, employees, consumers, and shareholders. Their focus, defined by their name, is to look to the future and to innovate on how their AI technology can be further applied to legal and other vertical business

With the advent of cloud computing, managed IT services have also evolved to include cloud services. Service providers, for example, may focus on infrastructure as a service (IaaS), providing managed public cloud services in conjunction with cloud providers such as Amazon Web Services (AWS), Google and Microsoft. Service providers may also market managed platform as a service (PaaS) offerings or partner with software as a service (SaaS) vendors such as Salesforce in the CRM space and ServiceNow in the service management market.

In House—the process where an organization hires its own IT service providers and pays their salary, benefits, and further training, as well as the infrastructure they oversee. This is typically an extremely costly endeavor, and often businesses that try to procure in-house IT lack the capabilities to fully service their system as well as an inability to grow.
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