Microsoft has not used this phrase. But a number of the features coming with this year’s release of Dynamics AX running on the Azure platform (Dynamics AX 2012 R3) have the look of offerings from a Managed Service Provider. Microsoft is offering disaster recovery and automatic updates. The updates, according to Pepijn Richter, director of ERP product marketing, resemble the automatic updates from Office installations [Note: HP tech support told me to disable auto Windows updates because they screw up computers. They certainly did with mine].