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Business Service Providers

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ALSO CALLED: BSP
DEFINITION: A business service provider (BSP) is a company that rents third-party software application packages to their customers. A BSP is similar to an  application service provider (ASP) in that it provides a cost-effective way to procure applications via networks. A BSP differs from an ASP in that it tailors a software package to its customer's needs and offers back-office solutions by outsourcing most  … 

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