The managed IT services market is expanding. Mordor Intelligence values the market at $23.3 billion back in 2020 and projects it to reach $43.94 billion by 2026 at an 11 percent compound annual growth rate over the forecast period. This indicates that more organizations are using managed IT to gain a competitive advantage, which may boost overall competitiveness across whole industries. Here’s what you need to know about managed IT services. Read on!
Why Do You Need Managed IT Services?
IT management can be time-consuming. Managing bandwidth, security, client systems, and data storage, just to name a few, is time-consuming. When you add in the time spent keeping technology up to date and implementing new services, it’s easy to see why maintaining IT in-house can add up to 60 hours per week.
The good news is you can outsource these responsibilities to an MSP. MSPs support business needs through hardware, software, and cloud services. They also monitor network, security, and systems and prevent problems from occurring by identifying them before they become major issues.
The Benefits of Hiring a Managed IT Service Provider
With a managed IT service provider, your company gains access to the latest technology, expertise, and industry knowledge. IT can be a complex operation, especially when you want to grow and expand a business. Before you decide to handle your IT in-house, take a look at the benefits of hiring an MSP.
Quality of Service
When you outsource IT to an MSP, you can expect a high level of service. MSPs maintain equipment, software, and networking and help troubleshoot any issues. They also provide 24/7 support to keep your company running smoothly, allowing you to focus on your core business operations.
Flexibility
MSPs are flexible in the services they provide. You can choose the level of service to meet your business goals and needs. As you grow and scale your business, the MSP can also help, which makes this a good option for growing companies.
Cost Savings
With a managed IT service provider, your company gains access to the latest technology, expertise, and industry knowledge. IT can be a complex operation, especially when you want to grow and expand a business. Before you decide to handle your IT in-house, take a look at the benefits of hiring an MSP.
Increased Productivity
When you outsource IT services to an MSP, you can focus on your core business objectives, increasing productivity and allowing you to achieve your goals faster. You spend less time worrying about IT and can increase efficiency.
A Better Work-Life Balance
When you outsource IT services to an MSP, you can focus on growing your business instead of trying to fix issues. You can also set your own schedule and have time to spend with family and friends, which leads to a better work-life balance.
How to Evaluate a Managed Services Provider
Choosing an MSP is not something you do regularly. An MSP is much more than a vendor. It is a technology partner who takes over a significant portion of your operations for your company to expand. Here are some important considerations to think about while making that decision:
- 24/7 Availability
- Quick Response Times
- Backup and Disaster Recovery
- On-site and remote monitoring, security, and maintenance
- Third-party vendors
Conclusion
Managed IT services offer several benefits to businesses and their employees. Make sure to do your research before selecting a managed services provider. Find out more about who they are and how the company operates, including the services they provide and the experience level of their IT staff. Also ask about customer references and the company’s background. The more you know, the better you can make an informed decision when selecting a managed services provider.
Febyte Corp. has provided custom IT solutions to businesses ranging from small businesses to large multinational enterprises. We have extensive experience with on-premises, cloud, and hybrid environments. Ready to stop guessing and give your business a clear path forward? Contact us for a quote.