Attend IT Limited Blog

By accepting you will be accessing a service provided by a third-party external to https://www.attendit.net/

Managed Services Can Help Stabilize Costs

Managed Services Can Help Stabilize Costs

COVID-19 has every business on edge and looking for ways to cut some costs without directly affecting their ability to put out the product or service that their customers expect. When you begin to look at your IT, and try to establish what your IT support costs are, you may find that you are paying a lot more than you might like to keep your business’ IT running right. This is where managed IT services come in.

The concept of the managed IT services provider has only been around for over a decade. Many businesses that have pivoted in that direction were once break/fix value added resellers (VARs) that dealt in some pretty specific products and services. The shift from break/fix to managed services was facilitated by the development of powerful automation software that provided well-trained technicians the opportunity to proactively monitor computing networks from a remote location. This, in turn, provided the businesses with a much more affordable service, more effective IT, and a massive reduction in downtime. 

Industry Growth

One of the major draws that partnering with a managed IT service provider brings to your business is that, for a small business, hiring expert IT talent is expensive. By simply choosing to outsource their IT management, a business can enhance the value of their IT support budget. They receive comparable attention to their IT, get access to the IT service provider’s direct availability to newer, more robust technologies, all while paying a static monthly rate to do so. . From hardware to software, from networking to security, the modern IT company has access to all of the technology the modern business needs. That’s why companies have been slowly switching over to managed IT services for the better part of the past decade. 

The industry’s growth is steady, but in that time, companies’ use of technology has exploded. Some choose to hire in-house technicians, some choose to try and manage their own technology, but those that have chosen managed IT services get more bang for their buck.  Most companies in North America and Europe expect their IT expenses to increase in 2020, and that was before the COVID-19 pandemic went ahead and through a major wrench in the works. Regardless of what is going on in some sectors, IT budget growth is as large as 30% in some markets. Small and mid-size companies have been extremely active upgrading their IT as newer solutions provide them with more upfront capital, while larger organizations have been rolling out strategic security upgrades to keep organizational risk down. 

Not surprisingly, the largest driver for IT growth is the need to upgrade outdated IT. This is leading the MSP into expanding their offerings, too. Many organizations have been utilizing cloud computing through their managed service providers. These days, almost anything you can do on a server, you can do on a virtual server hosted in the cloud. 

Emerging Technologies

For some time, IT companies have looked to innovative new technologies to build a catalogue of solutions that would be attractive to any-sized organization. This hasn’t stopped. Today, with data becoming a major commodity for almost any type of organization, these IT companies have begun using their expertise with information systems to push new ways for companies to collect, process, and analyze that data. That’s why you see IT support companies dabbling in data warehousing and business intelligence services; providing value that simply wasn’t there a short time ago.

Another technology that many MSPs have really ramped up on recently is managed security services. With the use of specialized tools and practices, IT service companies can now provide solutions for any type of organizational security threat. Today’s IT service company is capable of protecting your company with traditional methods of training and monitoring to advanced services like dedicated SIEM services, data forensics, and advanced solutions that utilize machine learning to mitigate threats. The modern IT company prioritizes the security of organizational data like never before.  

Tried and True

With all these new technologies emerging, IT providers will have to react to ensure that their trusted IT technicians provide the kind of services and support necessary for industry demand. With COVID-19 grinding many economies to a halt, and putting people out of work, many analysts believe that we are on the verge of one of the largest recessionary periods in modern financial history. The MSP of today knows how to help people improve their business’ technology, secure that technology, and support the entirety of a business’ technology. Today’s MSP can even help with situations that an MSP doesn’t actively provide, like physical security, website creation, audio-visual services, and printer and copier sales. Their bread and butter, however, are solutions like a dedicated help desk, 24-hour-network monitoring, availability to hardware and cloud services, vendor management, and patch management will keep the 2019 version of IT as an essential part of doing business. 

If you would like more information about how Attend IT Limited can provide your business with unparalleled value, call us today at 020 8626 4485 to talk to one of our consultants.

What You Need to See in a Business Continuity Plan
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Wednesday, August 05 2020

Captcha Image

Mobile? Grab this Article!

Qr Code

Tag Cloud

Security Network Security Technology Business Computing Tip of the Week Best Practices Cloud Productivity Managed IT Services Disaster Recovery Privacy Hosted Solutions communications Data Recovery Backup Malware Hackers Data Business Innovation VoIP Data Backup Outsourced IT IT Services Cloud Computing Productivity Email Small Business Software Mobile Devices Computer Business Continuity IT Support Efficiency Cybersecurity IT Support Internet Automation Saving Money Upgrade Hardware Internet of Things Business Management Managed IT Information Technology Smartphone Managed IT services Server Phishing Microsoft BDR Mobile Device Management Mobility Collaboration User Tips Compliance Artificial Intelligence Managed Service Provider BYOD Avoiding Downtime Save Money Network Risk Management Budget Windows 7 Spam Gadgets History Virtual Private Network Quick Tips Covid-19 Computers Hosted Solution Firewall Remote Computing Smartphones Cost Management Meetings Data Management Communication Passwords Password Ransomware Recovery Saving Time Automobile Marketing Data Breach Printing Data Security Human Resources Windows 10 Personal Information Redundancy Remote Work VPN Tech Term Android Networking Wireless Employer-Employee Relationship Microsoft Office Remote Workers Document Management Google Telephone Systems Router Content Filtering IT Service Managed Service Devices Training Wi-Fi Hybrid Cloud Hard Drives Value Audit Conferencing Business Technology Paperless Office Manufacturing Solid State Drive MSP Workplace Tips WPA3 Azure Apple e-waste Fiber Optics Update Dark Web Mobile Office Workstations Backup and Disaster Recovery Legal Antivirus Wasting Money Evernote Streaming Media App Cybersecurty intranet Printer Remote Monitoring Computer Repair Instant Messaging File Storage SMB Active Directory User Error Wireless Internet Windows Server 2008 Administration Development Word Education Cleaning Users Break/Fix Window 10 Wireless Technology Holiday Computing Amazon Mobile Transportation Content Filter SaaS Managed IT Service Downtime PCI DSS Work/Life Balance Payroll Vulnerability Regulation Phone System Bandwidth Mobile Device OneNote Windows Server Government Data Loss Hacking Gamification Employees Colocation Virtual Assistant Nanotechnology Help Desk Application Social Media Data Protection Online Storage Money Entertainment Samsung Proactive IT Private Cloud Analysis Black Market Professional Services Workers Disaster Going Green Monitoring E-Commerce Regulations Compliance Office 365 Mobile Computing Applications Chromebook Save Time Smart Technology Copiers Hacker Alexa for Business Video Conferencing Two-factor Authentication Customer Relationship Management End of Support Flexibility Proactive HIPAA Travel AI Encryption Electronic Medical Records Management Printers Payment Cards iPhone Lifestyle Managed Services The Internet of Things Virtualization Smart Tech Vendor Machine Learning Project Management Students Utility Computing Voiceover Internet Protocol Windows 10 Cybercrime Operating System Software as a Service Spyware Outsource IT Browser Commerce Voice over Internet Protocol Facebook Time Management Financial Technology Upgrades IoT Telephony Shadow IT Big Data Social Engineering Connectivity Employee-Employer Relationship Business Intelligence Office Unified Communications Business Telephone Advertising Identity HaaS Tech Support Internet Service Provider PowerPoint Accessory Internet Exlporer Gifts Data Theft Politics Charger Troubleshooting NFL Maintenance Managing Stress Emergency Display Consultant Facebook Privacy Windows Comparison Language Procedure Vendor Management Licensing USB Books Testing Social Storage Worker Commute Scam Miscellaneous Excel Smartwatch Data Privacy Television CrashOverride Fraud Peripheral Emails IT Solutions YouTube Humor Experience Computer Care CRM eWaste Google Assistant Co-Managed Services HBO Search Specifications Organization Virtual Reality Camera Myths Sports IT budget Financial Server Maintenance Inventory PDF Best Practice Hard Drive Edge Workstation Access Control Webinar WIndows Server 2008 Holidays How To Credit Cards Unsupported Software Keyboard Windows Ink Device Security Net Neutrality Worker Twitter Telephone Touchscreen 5G Sales Virus Apps Projects WiFi Data Storage Threats Relocation Cortana Blockchain Bring Your Own Device iOS Sync Investment Communitications Music Security Cameras Processor Law Enforcement Google Docs Ciminal Telework Google Drive Memory Admin IT solutions Patch Management OneDrive Current Events FAQ App store Root Cause Analysis Micrsosoft Google Maps Battery Chrome Computer Forensics Hyperlink IT Management Medical IT Retail ROI Hosted Desktop Text Messaging Updates Unified Threat Management Screen Mirroring Scams Video Games Identities Computer Accessories Alert Wireless Charging Analytics Settings Benchmarks Reputation Microsoft Excel Audits Windows 10s Outlook Sabotage Adobe Mobile Security Information Augmented Reality Digital Signage Point of Sale Gmail Wasting Time eCommerce Scalability Websites Company Culture Windows Server 2008 R2 Smart Devices Office Tips Tablets Microsoft Word Safety Robot Cast Employee Managed Services Provider Health Legislation Policy Computer Fan WannaCry Business Strategy File Sharing Solutions Identity Theft Keyboard Shortcuts Hard Disk Drive Shortcut PC