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Cutting IT Expenses with Managed Services

by Matthew Harris
Managed IT Services

When you’re running a business, saving money doesn’t happen by accident—it takes a lot of strategy and planning to create and maintain a smart budget. Of course, some things are necessities. Take, for instance, your IT system: You can’t function without it, and you don’t want to cut corners and sacrifice quality for the sake of trimming your expenses. That being said, there are ways to keep a state-of-the-art IT system while still getting a good deal on the financial side of things. 

Managed IT services are quickly becoming a top means of cutting IT expenses in the workplace without having to settle in terms of your business tech. Keep reading to see how managed services can take your business to the next level—and not just when it comes to budget. 

The Basics: What Does “Managed Services” Mean?

Before we get into the monetary benefits of managed services, let’s go over the basics first: What, exactly, does “managed services” mean? 

Simply put, managed services allow companies to outsource IT services to a third-party provider, rather than keeping an in-house IT department or periodically hiring IT help on-demand. Because IT is such a vast industry, managed services include an array of tech areas, some of the most popular of which include software support and maintenance, systems management, network security, and data backup and recovery. 

IT Group

The benefits of managed services aren’t necessarily dependent on company size—small, medium-sized, and big businesses can all enjoy the advantages that come along with hiring a managed services provider (MSP)

Getting the Most Bang For Your Buck 

The reason why managed services have been skyrocketing in popularity is two-fold: First, MSPs can offer expert IT services that most companies wouldn’t have access to otherwise; second, utilizing managed services instead of the traditional break-fix model is highly cost-effective. This means that not only can you get professional IT support that ensures smooth, secure operation, but you can also save money. 

As we said before, technology has established itself as a vital part of any modern-day company. And while you can’t operate without it, having an up-to-date IT infrastructure doesn’t mean that you won’t run into technological issues. From spotty connection to holes in cybersecurity, there are a lot of ways in which your company’s tech can go from being your business’s best friend to its worst enemy. 

Teaming up with an MSP is a great way to avoid technical complications while simultaneously streamlining your budget. For one thing, if you’re operating under the break-fix model in terms of IT services, you never know when you’ll need to call in help and how much money your problem is going to cost you. With an MSP, you don’t have to worry about finding a last-minute fix because you’ll have constant IT support available to you whenever you need it, and most MSPs offer flat rates that you can factor into your budget ahead of time. 

You Need Managed IT

Spending money to save money might seem counterintuitive at first, but many companies find that the fixed expense of an MSP prevents limits expenditure in the long run. Image courtesy of Pixabay.

In addition to money, an MSP can also save you time and resources, especially if your company’s version of an IT department is having one person who’s handy with a computer. MSPs can limit downtime, boost productivity, and heighten efficiency by keeping your IT system up, running, and functioning at full capacity. If you run into a problem, you won’t have to wait around for someone to come fix it—wasting time and impeding workflow—because you know exactly who to call, and your MSP will have you back to business in no time. 

Tips For Finding the Right MSP 

In conclusion, hiring an MSP is a strategic business decision that can better your business in more ways than one. But, you don’t want to make the mistake of signing on the first MSP that you happen to come across. Remember: This company will essentially be a partner to you, and you’ll want to find someone that you can work well with. Like most investments, you need to do the proper research and deliberation when deciding on an MSP if you want to get the most out of your money. 

Communication will be the key to making your relationship work with any MSP, so be sure to look for companies that prioritize customer service and minimal response time. Another thing to keep in mind during your search is that the ability to fix a problem is only part of what an MSP does—you also want to prevent problems from occurring in the first place. You need an MSP that takes clear preventative measures to limit the number of issues that you’ll face going forward. One last thing to think about is your budget. While it’s true that an MSP can lead to long-term financial gain, you still want to consider the upfront cost that you’ll be taking on and make sure that there’s room in your budget to hire an MSP. 

As the world of business becomes increasingly digitalized, the role of IT in every company’s day-to-day operations is growing. Managed services is a valuable innovation that is on the rise, and you don’t want to miss out on the benefits that it has to offer. See for yourself what an MSP can do for you when you start looking today. 

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