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Managed Service Providers (MSP): A Strategic Partnership 

November 16, 2023 • Business

In today’s fast-paced digital world, businesses are increasingly reliant on technology for their day-to-day operations. As a result, maintaining a strong IT infrastructure has become a critical component of business success. However, not every business has the necessary resources, expertise, or time to manage their IT needs effectively. This is where Managed Service Providers (MSPs) come in. In this blog post, we will explore the benefits of partnering with an MSP, with a focus on improving productivity, expanding your knowledge base, cutting costs, and increasing efficiency, even if you are not technologically savvy.  

The Productivity Boost 

One of the most significant advantages of using an MSP is the increase in productivity it brings to your organization. By outsourcing your IT needs to a dedicated team of experts, your employees can focus on their core responsibilities and contribute more effectively to your business goals. A study conducted by Deloitte in 2020 found that businesses that outsourced their IT services experienced a 31% increase in productivity compared to those that did not (Deloitte, 2020) [1]. By taking the burden of IT management off your employees’ shoulders, they can devote their time and energy to growing your business. 

A Wealth of Knowledge at Your Fingertips 

Another considerable benefit of using an MSP is access to a wealth of knowledge and expertise. Managed Service Providers engage a team of IT experts possessing a wide variety of skillsets and backgrounds, guaranteeing that your company can take advantage of the most recent developments and proven strategies in the industry. According to a study by CompTIA, 54% of businesses that partnered with an MSP cited access to a broader range of skills and expertise as one of the main reasons for choosing this approach (CompTIA, 2021) [2]. By leveraging the skills of an MSP, your business can stay ahead of the curve and maintain a competitive edge. 

Cost-Effective Solutions 

Protecting your bottom line has never been more important. Because of this, many businesses shy away from using an MSP, expecting it to be too costly. MSPs typically offer a variety of pricing models, such as monthly subscriptions or pay-as-you-go services, allowing you to choose a plan that best fits your budget. They can also help you avoid costly downtime by proactively monitoring your systems and addressing potential issues before they become critical. A study by Gartner found that the average cost of IT downtime for small and medium sized businesses is between $137 and $427 per minute (Gartner, 2021) [3]. By partnering with an MSP, you can prevent downtime and save your business from significant financial losses. 

Increased Efficiency Through Proactive Management 

Managed Service Providers not only maintain your IT infrastructure but also actively look for ways to improve it. By continuously monitoring your systems, early identification of potential issues, and implementation of appropriate solutions, MPSs keep your business running smoothly. This approach reduces the risk of downtime and ensures that your technology is always up-to-date and performing at its best. A report by IT Glue found that MSPs that use proactive management strategies experience a 20% reduction in support tickets, translating into more efficient operations (IT Glue, 2019) [4]. 

Enhanced Security and Compliance 

In an era where cyber threats are continually evolving, businesses need to ensure that their IT infrastructure is secure and compliant with relevant regulations. MSPs specialize in providing innovative security solutions that protect your business from threats and ensure that you meet regulatory requirements. A Ponemon Institute study found that businesses using MSPs for their IT security needs experienced a 24% reduction in security incidents (Ponemon Institute, 2020) [5]. 

Scalability and Flexibility for Business Growth 

As your business grows and evolves, so do your IT needs. MSPs offer scalability and flexibility, allowing you to adjust the services you receive based on your current requirements. This means that you can easily expand your IT infrastructure when needed, without the added stress of hiring additional in-house staff or making large capital investments. According to a study by MarketsandMarkets, businesses that utilized MSPs experienced a 40% faster growth rate compared to those that did not (MarketsandMarkets, 2021) [6]. By partnering with an MSP, your business can adapt to changing circumstances and ensure that your IT infrastructure remains agile and robust. 

Reliable Support and Expert Guidance 

One of the most frustrating aspects of dealing with IT issues is trying to troubleshoot problems without the necessary expertise. Managed Service Providers offer reliable support, ensuring that you have a team of professionals ready to assist you with any IT challenges that arise. MSPs typically provide 24/7 support, which means that you can rest easy knowing that help is just a phone call or email away. A survey by SolarWinds MSP found that 92% of businesses that used MSPs reported an improvement in their overall IT support experience (SolarWinds MSP, 2020) [7]. By partnering with an MSP, you can access expert guidance whenever you need it and avoid the stress and frustration of dealing with IT issues on your own. 

Partnering with a Managed Service Provider (MSP) can provide numerous benefits to your business, including increased productivity, access to a wealth of knowledge and expertise, cost savings, improved efficiency, enhanced security, scalability, and reliable support. By outsourcing your IT needs to an MSP, you can focus on your core business objectives and ensure that your organization remains competitive in an increasingly digital world. 

References: 

[1] Deloitte. (2020). Global Outsourcing Survey 2020. Retrieved from https://www2.deloitte.com/content/dam/Deloitte/global/Documents/About-Deloitte/central-europe/ce-global-outsourcing-survey.pdf 

[2] CompTIA. (2021). Trends in Managed Services. Retrieved from https://www.comptia.org/content/research/trends-in-managed-services-report 

[3] Gartner. (2021). Cost of Downtime. Retrieved from https://www.gartner.com/en/documents/3983108/cost-of-downtime 

[4] IT Glue. (2019). The ROI of Proactive Management. Retrieved from https://www.itglue.com/resource/roi-proactive-management/ 

[5] Ponemon Institute. (2020). The Value of Managed IT Services in Improving Security. Retrieved from https://www.ponemon.org/blog/the-value-of-managed-it-services-in-improving-security 

[6] MarketsandMarkets. (2021). Managed Services Market – Global Forecast to 2026. Retrieved from https://www.marketsandmarkets.com/Market-Reports/managed-services-market-1141.html 

[7] SolarWinds MSP. (2020). The Business Impact of MSPs. Retrieved from https://www.solarwindsmsp.com/resources/survey/the-business-impact-of-msps 


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