5 ways Managed Services can Help Your Business Optimize up to 40% of Your IT Costs

Startup or a Fortune 500 company, IT plays a crucial role in the growth and hassle-free running of the business of every size and stripe. Thus, managing the infrastructure environment optimally becomes equally crucial.

The latest semi-annual service tracker forecast from IDC has unveiled that the managed IT services in the country is expected to grow by 6.8% annually by the end of 2020. This highlight the growing need of having an adept and experienced managed service provider who can proactively monitor your IT infrastructure, reduce the risk of cyberthreats, maintain data integrity, take care of the networking and performance, maximize resources, and of course, be an extended arm of your IT team.

Let’s check out the five most effective ways managed services can be ‘the unicorn’ for your business, you have been looking for.

1.Reduces Security Threat Costs

Data is your business’ strongest competitive asset. And it is growing at lightning speed. However, the continuous rise in the number of security and data breaches, on Cloud and on-premise, is challenging to your business survival and has made it absolutely critical for all businesses, including yours, to adopt the latest security measures. According to a report by Varonis, India recorded the highest number of data breach casualties in 2018.

Top managed service providers like Embee ensure that your organization has implemented the most advanced security measures and warrant that all processes comply with the specified regulations and compliances to reduce the risk of hacking, ransomware, and other cybercrimes.
Such expert knowledge is seldom available at an organizational level, making your business vulnerable. Additionally, hiring a managed service provider like Embee will enable you to address all issues in quicker turnaround time, thereby minimizing security threat costs.

2. Reduces Management Overheads

Outsourcing the management of your infrastructure can tremendously reduce your IT cost. It frees up the time and resources of your in-house IT team. They are available to work on projects that contribute to the success of your business instead of troubleshooting or addressing staff queries.

Recruiting, on-boarding, and training new IT staff absorb large time and monetary investments. According to the Association for Talent Development’s 2016 State of the Industry Report, the average training cost per employee is $1252. This cost is completely waived when you outsource your IT to an MSP.

Additionally, you will get access to a large pool of specialized resources that were unavailable earlier. It would be difficult and highly cost-intensive to have such resources as part of your internal IT team.

Lastly, outsourcing your IT needs can address any inefficiencies your business may have. Reports from IDC confirm that companies stand to lose 20 – 30% in revenue every year due to inefficiencies.

3. Keeping up with the latest technology

There is no simpler way to say it. Businesses have to keep up with the latest technology trends and adopt them to ensure business growth and success. And the most cost-effective way is to outsource your IT to an MSP. Your infrastructure will always be up-to-date with the latest security patches or software updates to ensure your business is secure and operating at its best.

4. Better Scalability and round the clock IT support

Downtime is costly. It results in the loss of business opportunities and frustrated end-customer experience. According to a recent survey, one hour of downtime can cost you more than $140, 000. And the longer it takes to restore your system, greater will be the cost. Hiring a Managed Service Provider like Embee can significantly reduce potential downtime, saving you thousands of dollars.

MSPs also provide 24*7*365 IT & network monitoring services, which ensures that your IT infrastructure is always available and downtime is kept to a minimum. They also scale the infrastructure as per business demand, making it cost effective.

5. Improves Overall Business Productivity

All the above-mentioned advantages of Managed IT services contribute to enhance your business productivity by building an IT environment that is reliable, streamlined, scalable, efficient, and well-supported. IDC has generated a report that says improving business productivity has a significant effect on the revenue and can make you get an annual benefit of $229,511 approximately.

Embee is a recognized leading technology partner in India with 34+ years of experience in delivering digital transformation to its 2000+ customers. We are uniquely positioned to empower businesses to be more with Cloud and Datacentre Technologies enabling them to leverage the latest resources on various cloud platforms. Our solutions are known to help customers optimize costs through application modernization and serverless computing. Choosing a right managed services provider ensures you attain peace of mind and focus entirely on your day-to-day business operations and exceling strategies.

For your managed services query, reach out to us at marketing@embee.co.in One of our technology experts will collate your IT needs and provide you tailor-made managed services that will help you take your business to the next level. To know more about managed services offerings, click here .

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