If there’s one thing that business owners have in common, it’s a shared frustration regarding IT disruptions, which can be a significant setback.
Not only do they hinder productivity, but they also drive operational costs up. An ITIC study revealed that no less than 98% of businesses claim that an hour of downtime can cost them upwards of $100,000! This figure can skyrocket to millions for very large businesses, and even more if the downtime persists.
“The future of business hinges on proactive IT solutions rather than mere reactive patches,” notes Chris Power, CEO of Power Consulting. “Solely relying on patches might actually exacerbate the situation.”
Many believe that managed IT services simply solve technical challenges, but there is more to them than you might expect. In this article, we’ll dive deeper into understanding the various benefits of managed IT services and how they can revolutionize your business.
The 7 Managed IT Benefits for Your Business
1. Cost-Efficiency: Savings and More
Managed IT services are not just about cost-cutting; they represent an important long-term investment. Good IT Managed Service Providers will improve your company’s standard technology driven processes. Good MSPs drive efficiency, providing performance benchmarking and extensive reporting. Typically for a lower cost than a full-time in-house IT team.
2. Stay Up-to-Date: Managing Change
Good MSP’s provide a roadmap to future technologies, to ensure your business remains competitive and is adopting best of class technologies for their industry. On a day to day basis, MSPs are continually updating, patching, and maintaining systems and software to maintain optimal function and security. Change management is central to all managed IT.
3. Cybersecurity: Protecting Your Data at All Costs
Given the rise of cyber threats, the importance of managed IT services in bolstering security is critical. They offer comprehensive security solutions, from regular audits to data breach protection. To keep your company secure, software updates are run rigorously and systematically.
With data breaches costing businesses like yours as much as $4.45 million, improving your security posture is much to your advantage.
4. 24/7 Support: Because IT Problems Don’t Keep Office Hours
Imagine having access to a team working tirelessly across multiple time zones to ensure your systems function flawlessly. With round-the-clock monitoring and management, you’ll experience fewer disruptions and minimal downtime.
5. Scalability: Tailor Your IT Services to Your Growth
As your business grows, your IT demands evolve alongside it. Managed IT services can adeptly cater to these dynamic needs, ensuring resource availability without exceeding your budget.
6. Focus on Your Core Business Activities
Time is a precious commodity for every business owner. Outsourcing your IT management allows you to concentrate on your core business, entrusting tech-related concerns to experts.
7. Maintain Business Continuity in the Face of Disaster
Today’s businesses are primarily data-driven. Regular data backups and swift recovery solutions ensure your business remains operational, even amidst unforeseen challenges.
A study by SCORE highlighted that 75% of businesses without a robust business continuity strategy risk failure within three years following a major disaster.