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What is the difference between Managed and Unmanaged dedicated hosting service?

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What is the difference between Managed and Unmanaged dedicated hosting service?

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Managed Hosting is for customers who prefer to have their web host provider maintain and monitor their dedicated servers, operating system and all supported applications. Companies or individuals who do not have the required system administration resources on-staff commonly choose this option. Unmanaged Hosting is for customers who have extensive system administration expertise to maintain and manage their dedicated servers. This option generally provides customers with full access to their server allowing them to customize configurations.

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