Why outsourcing Managed IT Services can improve your bottom line

As businesses continue to rely more heavily on technology to drive success, the cost of managing IT infrastructure can quickly become overwhelming. From hardware and software upgrades to cybersecurity measures, the expenses associated with keeping technology up-to-date can add up quickly. That's where managed IT service providers (MSPs) come in. By outsourcing IT services to an MSP, businesses can reduce costs and improve their bottom line in several ways.

Increased Staff Productivity

By outsourcing IT services to an MSP, business owners and their staff can focus on their core business functions. According to a report by Deloitte, businesses that outsource their IT functions see an average productivity increase of 10-25%. With MSPs handling technology-related tasks, staff can focus on their core responsibilities, which can lead to increased efficiency and productivity.

Predictable Monthly Fees

With a fixed monthly fee for all IT services, businesses can budget more effectively and avoid unexpected expenses. MSPs offer a variety of service options to fit different budgets, allowing businesses to select the level of service that best meets their needs. This predictable fee structure allows business owners to better manage their finances and avoid the financial stress that can come with unexpected technology expenses.

Reduced Labor Costs

Hiring and training an in-house IT team can be a time-consuming and costly process. The time-to-hire for IT managers can be as high as 52 days, according to Workable, while a study by the Center for American Progress found that the cost of replacing an employee can reach as much as 213% of their annual salary. With an MSP, you can outsource your IT needs to a team of experts without the expense of hiring and training new employees. This can help businesses save significant amounts of money in labor costs.

Conclusion

Working with an MSP can help businesses reduce the cost of managing their IT infrastructure. Don't let the cost of managing IT infrastructure overwhelm your business - consider outsourcing to an MSP to save money and stay competitive in today's digital landscape.