With Business Intelligence (BI) platforms at your disposal, your organization can use data analytics to make better decisions regarding its future. However, using business intelligence platforms requires certain steps so that you can make the most of it. Here’s what you need to do to make proper use of your data. Read More
- Published: 22 Sep 2023
Many businesses, both large and small, are turning to managed services to streamline their operations, reduce costs, and enhance the overall value they provide to their customers. Managed services have become a complete game-changer, not only by saving businesses money but also by helping them build better businesses and get more value out of their IT. Let’s unpack how managed services achieve this dual objective.
One of the primary benefits of managed services is the significant cost savings they offer to businesses. Here's how it works:
- Predictable Monthly Costs - Managed service providers (MSPs) typically offer subscription-based pricing models, allowing businesses to budget effectively. With a predictable monthly service agreement that is tailored to your business, there are no unexpected IT expenses, significantly improving financial planning.
- Reduced Labor Costs - Employing in-house IT staff can be expensive when considering salaries, benefits, and ongoing training. Managed services provide access to a team of skilled professionals without the associated overhead, resulting in cost savings.
- Scalability and Flexibility - Businesses can scale their IT services up or down based on their needs, paying only for what they use. This valuable flexibility eliminates the need for large upfront investments in hardware and software.
Managed services are designed to optimize business operations and increase efficiency. Here's how they do it:
- Proactive Monitoring and Maintenance - MSPs employ state-of-the-art monitoring tools to detect and address issues before they become major problems. These advanced tools in the hands of trained and experienced technicians minimize downtime and ensure that systems run smoothly.
- Expertise and Knowledge Sharing - Managed service providers bring a wealth of technical expertise and knowledge to the table. They can provide valuable insights and guidance on optimizing technology use within any organization.
- Focus on Core Business Functions - By outsourcing IT management to experts, businesses can redirect their internal resources and energy toward revenue generation. Improved focus on strategic initiatives can lead to increased productivity and growth.
In today's cyberthreat landscape, data security is a top concern for businesses. Managed services can strengthen security in several ways:
- Constant Security Updates - MSPs stay up-to-date with the latest security threats and technology. They implement regular updates, patches, and security measures to protect business data and systems from evolving threats.
- 24/7 Monitoring - Managed service providers offer continuous monitoring of networks and systems, identifying and responding to security incidents promptly, often before they can cause significant damage.
- Compliance Management - Businesses in regulated industries can benefit from MSPs' expertise in ensuring compliance with industry-specific security standards and regulations.
Access to Cutting-Edge Technology
Managed service providers invest in the latest technology and tools to serve their clients better. Businesses that partner with MSPs gain access to state-of-the-art technology without the need for hefty upfront investments. This access to cutting-edge solutions can drive innovation, improve competitiveness, and enhance the overall value delivered to customers.
Business Continuity and Disaster Recovery
Managed services often include robust business continuity and disaster recovery solutions. MSPs implement data backup and recovery strategies to minimize downtime in the event of system failures, natural disasters, or cyberattacks. This proactive approach helps businesses maintain operations and customer trust, ultimately building better value.
Managed services are a cost-effective solution that not only saves businesses money but also helps build better value. If you would like to learn more about adopting managed services for your own organization, give us a call at 1-855-405-8889.