Is Managed Service cost effective

Saving on costs and utilizing resources to their maximum potential is what every business looks for. Businesses across industries have realized the fact that outsourcing the IT part of their businesses would not only save their time and resources, but would help them focus on their core business – what they do the best. But many businesses shy away from the idea of outsourcing their businesses. There are many reasons to it, but the biggest question, is it going to be a cost-effective solution or will they end up spending more? In this blog post we aim to address this issue to help you make an informed decision.

A recent study conducted by CompTIA, the nonprofit association for the IT industry revealed some interesting facts:

1.46 percent of managed IT service users have cut their annual IT costs by 25 percent or more.

1.50 percent of managed IT service users have cut their annual IT costs between 1 percent – 24 percent.

Having said that I really wonder if it is only the costs that Managed Services play an important role or is it something bigger than that? Let’s see what Managed IT services do for you.

Focus growing on your business

Having your IT services outsourced means you free up your time and resources within your company. When your day-to-day IT operations is taken care of by an able IT managed service provider, your in-house IT resources can better concentrate on projects that require more critical aspects of thinking and delivering. Plus, when you know you have someone to troubleshoot every time your server goes down or take care of your infrastructure security, when you know that your IT infrastructure is protected from malicious threats, you can better relax and nurture your core competencies.

Leveraging a group of experts

The best thing about having a managed IT service provider by your side means you get a team of experts on different fields to take care of your IT. Unless you’re a global giant, it wouldn’t be cost effective at all to hire a bunch of IT professionals who have expertise in a wide range of technologies. But with an MSP model you can leverage a pool of talent without burning a hole in your pocket.

Reducing your recruitment cost

Let’s face it. Hiring a talent in house takes lot of time, effort, and money. Apart from the recruiting hassle, you will also save on training and retaining them. What works best for many companies is in fact having a hybrid model where you have a few dedicated in -house employees who get to work on high impact tasks and take support from the managed service providers as and when needed.

Stay in touch with the latest software and technologies

As part of their services, all managed service providers will help you stay up-to-date with the latest software versions as soon as they become available. The best thing is you save a lot on your costs because you will receive an updated version every time an update happens without paying repetitively.

Stay up-to-date with your IT environment

Since your managed IT service keeps sending you with latest reports you are adept at any point of time about your IT environment. That certainly gives you an edge when deploying a new app or a new system.

Improve security

Imagine your server gets hacked. The thought of it could be a nightmare for you. Isn’t it? But having a good managed IT service provider can help you sleep in peace. A good MSP helps you protect your priceless information and data through firewalls and other protective measures so that you don’t need to face any data breach, minimal downtime, and secure you from devastating costs of liability suits and enforcement issues.

As discussed above, leveraging a top-notch IT managed service provider can help you stay on top of the game, downsize your IT infrastructure on – site (you can use their data centers), save physical space, save on hardware equipment, and concentrate only into your business growth. In short, yes, investing in a good managed service provider would help you save cost, time, efforts, and resources in the long run.

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