There are some basic and then some more advanced managed web hosting services. For the average user a basic account dealing with systems and security updates is all that is required and these services can be very affordable. But in some instances the need for an advanced management service arises if you have special software that needs to be installed and maintained with updates. Remember that updates are critical to keeping your server secure and safe from potential threats. Since over time people may find exploits to your software and if it is not patched you my loose control of your server or have your data compromised.
When purchasing a managed web hosting account make sure you select one that offers Root access ( in Europe these are known as "root servers").
Root access basically means you have system root level access so you or your own system administrators can access the VPS account or dedicated server and do anything. A lot of basic managed web hosting accounts offer this feature.
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