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5 Benefits of a Managed Service Provider (MSP)

SMEs have aggressively followed technology to stay competitive. In the process, they have invested significant resources in building IT infrastructure and services. Managing these IT services is costly and has become a burden for many enterprises, draining essential resources from strategic planning and delivery. As per a report by Gartner, 70% of IT support services for infrastructure services can be managed from a remote location which can reduce labour costs from 10% to 50%, depending on the delivery location resulting in 5% to 30% overall net savings.

In a rapidly changing technology landscape, managed service providers can help enterprises remain agile, control costs, quickly respond to competitive opportunities and align IT with evolving business objectives. Here are the top five benefits of how outsourcing managed IT services can impact a company’s business goals and the bottom line.

Affordability and Fixed Monthly Cost

Outsourcing IT services to a managed service provider is extremely cost-effective. With managed services, enterprises can reduce operational costs, preserve capital budget and lower their IT operating expenses. Per a Capgemini study, 34% of SMEs in the UK find it challenging to invest in IT as the cost is always high, while 30% of SMEs spend less than 3% of their overall funds on cyber security. So, outsourcing IT support and services to a reputed managed service provider is the best option as MSPs offer comprehensive solutions at a very affordable and predictable monthly cost. Also, MSPs mainly operate on a subscription-based model where enterprises pay annual or monthly fees for services, which allows them to foresee if it is viable to remain within the target budget.

Improved Cyber Security

According to Statista, the cost of cyber-attacks on micro/small enterprises amounted to an average of £894 while for medium-sized enterprises it amounted to an average of £8,180 during the last 12 months. Enterprises have sensitive data and information worth stealing and attackers often take over one system as a platform to launch a cyber-attack on another system to cover their tracks. Per a report by Department for Digital, Culture, Media and Sport, almost half of UK businesses including SMEs (43%) suffered a cyber-attack in 2017-18. Managed service providers (MSP) use remote network monitoring and clean backup protocols to prevent an attack and shorten the recovery time. Reputed MSPs provide cyber security services to help reduce and mitigate various forms of cyber threats by continuously monitoring dark web, offering end-user security awareness training, penetration testing and SIEM, among others.

Access to trained, qualified and certified experts

A painful fact for many small and mid-sized enterprises is the shortage of skilled IT professionals. The UK alone is estimated to have a shortfall of around 100,00 experienced IT security experts by 2022. When recruiting for an in-house IT role, they likely cannot differentiate a good applicant from a bad one and when in the post, it is challenging to assess their productivity due to the complex nature of IT services. But, with a managed service provider, even small enterprises can access highly qualified IT personnel without doing the tedious work of recruiting them. MSPs usually possess deep expertise in the field of IT, therefore giving enterprises the best services.

Disaster Recovery

When everything goes wrong, enterprises need confidence that data is backed up safely and securely.  Disasters may strike in different forms, but whatever event takes a customer’s site down, managed service providers are well-placed to help prepare for emergencies. Whether it’s a physical disaster such as a storm, fire or flood, or a deliberate one, like a ransomware attack, MSP plan carefully to help clients come out shining on the other side.

Per a report by Daisy Group, on average UK's SMEs experience 45 minutes of downtime each week which is approximately £500 per employee, per year, in lost productivity. Also, according to a study by IDC, 40% of small and mid-sized enterprises in the UK do not have a data backup infrastructure in place and if they do then around 50% of the backups are only partially recoverable.

Part of the reason to outsource services to a managed service provider is to prepare for those costly downtimes. An off-site managed service provider can provide remote backup and offer both local and cloud-based backup solutions to support business-critical operations during a disaster.

Access to latest state-of-the-art technology

Reputed Managed Service Providers (MSPs) use the latest technologies and equipment to deliver services. IT services are updated regularly with no additional cost to enterprises. MSPs bring the advantage of quickly implementing new technology into client’s businesses thus eliminating the risk of obsolete IT infrastructure.

World Backup Day 2018

World Backup Day is an event on the technology calendar setup to raise awareness and to remind us all about the importance of backing up our data. Everyone of us knows why we need to backup. The reality is that many businesses do not have a reliable backup system in place that is sufficient to be able to recover their data in a disaster.

What would you do if you lost everything?

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5 Benefits of Fixed IT Costs

When you are looking for business IT support, you can find various types of contracts and agreements. You could just decide to Pay As You Go (break/fix) basis, pay in advance for blocks of hours, or choose a fixed price IT support contract which includes the majority, if not all, the things your business will need on a monthly basis.

The biggest benefit of a fixed price model, is that you know exactly how much your IT support costs will be each month. This is great for cash flow and essentially your IT costs just become another commodity – just like paying your rent, electricity and insurance. But there are some other major benefits that you may not have realised.

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Can your IT provider prove how good they are?

We are delighted and very proud to shout from the rooftops that our overall customer satisfaction score for 2017 was a staggering 98.7%!

Industry averages are around 93%, so we’re outperforming most of our competition. All IT companies will say they provide amazing service, but how many can actually prove it?

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Our new website is live!

We’re delighted to finally launch our brand spanking, super-duper, shiny new website! It’s been a while coming. Our last one had been running for more years than I can remember. The feedback we received was always positive though, so it served it’s purpose.

Since our last website we have grown a lot as an outsourced IT support provider. We’ve moved to larger premises. We’ve employed more staff. We have vehicles. We’re continuing to offer new IT support services to customers. The time was right to launch a new-look website. It is much cleaner, brighter, and the content fills more of the screen. It is so much easier to read.

We all think it looks awesome. Please leave a comment and let us know what you think?

Regards,

Mark Riddell

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