Managed services are a type of outsourcing administration in the context of the cloud, where a third-party provider takes over the responsibility of managing and operating cloud services on behalf of the customer. Managed services can include various functions such as maintenance, monitoring, security, backup, recovery, and support. Managed services can help customers to reduce costs, improve performance, enhance security, and focus on their core business. Managed services are different from other types of support, such as audit, community, or premium support, which do not involve the transfer of control or ownership of cloud services to a third-party provider. References: CompTIA Cloud Essentials+ Certification Exam Objectives1, CompTIACloud Essentials+ Study Guide, Chapter 2: Business Principles of Cloud Environments2, Outsourcing Cloud Administration