Still relying on your in-house IT team to maintain your systems? It might be time for a change.
Technology has come a long way since the days of break / fix IT, and the reality is that most internal IT services are not equipped to keep up with the pace of innovation. As a result, many organizations find their IT to be reactive rather than proactive, and that their systems struggle to keep up with the demands of a growing business in a digital world.
If you have ever scoffed at the idea of outsourcing support to a third party provider because you think your current IT structure is fine or because of concerns about cost, now is the time to reconsider. There are numerous benefits to managed services, especially if you’re using a system like Microsoft Dynamics 365.
What is Managed Services?
The term managed services refers to the practice of outsourcing business administration and management responsibilities to a third party. You will notice that this definition is not specific to IT — that is because managed services can describe anything from supply chain management to marketing strategy to call center operations. That said, managed it services orlando is the most commonly referred to type of managed service and will be the focus of this article.
The demand for managed services has grown exponentially in recent years. The global managed services market was valued at $185.98 billion in 2019 and is projected to reach as much as $356.24 by 2025.
This increase in demand can be largely attributed to small and medium sized businesses, who require access to the latest technology in order to maintain a competitive edge in their respective markets and to sustain their continued growth but lack the IT budget to meet those goals. The good news is that managed services enables SMBs to play at the same level as middle market and enterprise level organizations, without overextending themselves — and that’s only one of the benefits of the managed services model.
Focus on Core Objectives
As your business grows, so will your IT needs. Your IT team may be able to handle some of this increased workload but will most likely find themselves overwhelmed and unable to scale according to your business’ needs, forcing you to assign additional responsibilities to employees who aren’t on the IT team, which can distract from core business objectives.
One of the benefits of managed services is that it not only frees up your employees to focus on the jobs they were hired to do — it also enables you to fill in gaps as needed. A truly qualified managed services partner will offer a flexible service model that allows you to determine what level of service you require, whether that means just keeping the lights on or outsourcing your company’s entire IT department.
Get the Expertise You Need
New technology means new problems — problems your existing IT team might not have the knowledge or experience to solve. Then there is the issue of management: Regardless whether your systems are in the cloud or on premise, you will need a significant number of resources to support your business solutions, which poses an issue if your IT department is really a one person shop.
Both of these problems can be solved by recruiting new team members, but the cost of hiring and training new employees can be astronomical — over $1,886 per employee for training alone.
One of the key advantages of the managed services model is that it enables you to hire an entire team of IT professionals at a flat monthly rate. Certain Managed Services Providers even take a shared approach to managed services, meaning you can add or remove specialists from your managed services team as needed depending on the demands of each project. These specialists include technical, functional, architectural, and training consultants who can help you keep your systems up and running, as well as unlock their full potential.
Keep Costs Low
From a cost perspective, one of the clear benefits of managed services is that it lowers labor costs and eliminates the cost of hiring and training new IT staff. The ability to have skills available on a scalable basis is incredibly compelling, and most MSPs offer a hybrid model of onshore and offshore resources, which lowers the average effective rate and widens your resource base.
Best of all, since you sign a service level agreement that is tailored to your organization’s unique needs, you will never have to worry about unexpected service costs. This will enable your organization to shift from a capital expense model to an operating expense model. Look for an MSP that has a solid strategic relationship with your solutions or cloud provider for additional savings; they will be able to escalate and advocate on your behalf, so you can reinvest the money you save back into your business.
Scale up or Down as Needed
As your technology needs evolve over time, you will need to scale your system either up or down to accommodate them. Fortunately, systems like Dynamics 365 are highly scalable by design, but you may still require additional assistance. Managed services partners can respond to changes in demand in real time, so you never have to worry about system downtime.
Be sure to look for an MSP that not only has hundreds of consultants available, but also offers advanced services such as proactive monitoring, upgraded services release management, reporting, and more to get the greatest value and scalability out of your partnership.
Receive Support Whenever You Need It
With a managed services partner, you never need to worry about availability because most managed services partners offer 24 / 7 flexibility, on call options, and weekend support. When searching for the perfect managed services partner, look for a global company that can support multiple time zones and offers round the clock support, so you can rest assured that help is available whenever you need it.
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