28 May Outsourcing Technology Benefits
Managed services are the practice of outsourcing a company’s technology network to enhance business operations. Companies providing managed services are called Managed Service Providers (MSPs). MSPs adopt a comprehensive approach to technology services, resulting in a greater service than many organizations can achieve in-house. Leading service providers offer ongoing management and maintenance of a company’s infrastructure tied together with end-user support.
- Proactive Solutions
When you decide to outsource your technology as a proactive effort, you result in receiving better technology performance, limited downtime, and fewer glitches. MSPs help identify these problems to prevent them from disrupting operations and turning into expensive repairs.
- Predictable Monthly Costs
All technology investments come with additional costs because organizations require networks, security, and storage. They must train staff, manage equipment, and deploy systems. Also, unexpected costs can suddenly come up, but by outsourcing to MSPs, organizations will be able to break down your costs into fixed monthly payments, as opposed to the huge capital expenditures that come with managing systems in-house.
- Diminishing Your Risk
All business investments carry a specific amount of risk. Competition, government regulations, markets, technologies, and financial conditions all change very quickly. Outsourcing providers anticipate and handle much of this risk for you, with specific industry knowledge, particularly security and compliance issues. They are generally considered to be much better at deciding how to prevent risks.
- A Level Playing Field
Bigger companies generally have in-house support services along with a team of full-time technology professionals. Small-to-midsize businesses cannot afford that luxury. One of the advantages of employing managed technology services is that outsourcing enables you to gain the insight and expertise that larger companies have. This can help level the playing field between you and the competition.
- Reducing Your Costs
The key benefit of a managed services model is its potential to reduce business costs. One of the costs that businesses always fail to remember is that MSPs help reduce the occurrence of expensive network disasters, which can result in a loss in productivity and hardware.
- Compliance and Security Capabilities
One of the best ways to strengthen security is to ensure visibility across the entire IT infrastructure. This can be achieved through auditing of business-critical systems and monitoring of privileged user accounts. Customers who entrust their data to MSPs need to be confident that providers will keep their data safe. Therefore, those MSPs that offer deeper insight and greater transparency into what is going on with clients’ critical data automatically take managed services to a whole new level. The ability to deliver proof about who did what, when and where, across all customer data and IT systems, will reassure clients that their business-critical data is under permanent control, is safe and complies with all industry regulations.
- Vendor Management
MSPs deal with the hardware and software vendors so the client doesn’t have to deal with the technical and complicated conversations.
- The Ability to Focus on Your Core Business
Businesses are known to have limited resources and limit the time and attention of every single manager. Outsourcing can help your business stay focused on your core business and keep your managers from being distracted by complicated technology decisions. Your business will run at its highest efficiency, which can be achieved only when your networks are operational.
- New Technology for Your Business
One main advantage of managed services is how rapidly new technology can be enforced in your business. A quality MSP will have all the essential resources to start the new projects immediately. Handling the same project in-house could take weeks or months, as you would have to hire the right people, train them, and then provide the support they need. For most implementations, quality MSP will bring years of experience at the very start, thus saving you money and time.