Regardless of the size and nature of your business, your company’s data plays an essential role in day-to-day decision-making and overall productivity. This fact is why your data networks are among your most treasured assets. As such, your IT network demands expert care and management.

Traditionally, many organizations delegate all network duties to an in-house IT team or a break-fix service. But more businesses are choosing managed IT services as an efficient and cost-effective way to get constant IT network support from IT experts. By overseeing your business’s IT infrastructure and functions, managed IT services allow you and your staff to focus on core business concerns and objectives.

What Are Managed IT Services?

Phoenix IT services provide an affordable solution to maximizing your networks’ delivery and performance. A managed services provider (MSP) can give your company an advantage by delivering an elite level of IT maintenance and repair service that doesn’t overextend your budget and personnel. By outsourcing IT maintenance and repair to an MSP, you get expert assistance through a variety of services, such as:

  • IT support
  • Network security
  • Communications
  • Network administration
  • Data backup

What Key Benefits Come from Using Managed IT Services?

Outsourcing managed IT services can provide many benefits and advantages, even if your business is large, small, new, or existing. For example, here are five ways your business can prosper from hiring a top-notch MSP.

1. Reducing Operational and Sunk Costs

An MSP can save you from the substantial sunk cost of having an in-house IT team. For instance, you can save money on monthly salaries, insurance, benefits, and office expenses related to IT staff. You can also eliminate the time and cost of training and updating staff members on existing and new network systems.

In addition, the up-front costs are much lower than hiring and training an IT team. This benefit is especially helpful to small businesses and start-ups simultaneously dealing with the initial cost of buying servers and supporting equipment.

2. Making IT Costs More Predictable

By outsourcing your IT tasks and responsibilities to an MSP, you can convert your variable IT expenses into predictable fixed costs. A network run by an in-house IT team frequently generates unexpected and budget-draining expenses. On the other hand, IT-managed services limit your costs to a fixed monthly or annual amount, making your business immune from erratic IT cost fluctuations.

Since the MSP absorbs the cost of repairing and maintaining your IT equipment, you could save thousands of dollars in out-of-pocket expenses. As a result, the MSP fixed cost plan can improve your cash flow management and overall financial performance.

3. Scalability

Growth can happen fast in business. Consequently, meeting the demands of quickly scaling your business can be expensive and time-consuming, especially if you have an in-house IT team. Maintaining a team under normal circumstances can be a financial strain. However, an expansion can quickly leave your IT team understaffed and overwhelmed.

Scaling networks is a process that requires extensive planning, human resources, and new equipment. Adding more IT staff to meet the growing demand can cost thousands of dollars per new hire, and you can’t be sure how long they will last. However, an MSP handles all the training costs and alleviates your concern about losing IT experts. In addition, they can help you complete the task of adding new equipment to upgrade or expand your network.

4. Curbing Downtime

Losing valuable business operation time to malfunctioning or downed IT equipment or electrical components can be frustrating and costly. The typical causes are:

  • Electrical problems
  • Mechanical malfunctions
  • Unintentional human errors
  • Cyber attacks

Lowering the risk of network downtime is a significant undertaking that may be beyond the capabilities and experience of an in-house team. It requires implementing potent safeguards in vital systems and applying solid protections that reduce downtime in case of a cyberattack. With the use of proactive measures, managed IT services can reduce your downtime costs by preventing these incidents from occurring.

5. Ensuring Data Compliance

Your company’s data must adhere to numerous regulations to safeguard your information. Since the regulations are very specialized, your staff may not have the resources to ensure full compliance with every rule and stipulation throughout your business’s daily operations. If they don’t, a violation could result in a stiff fine and damage to your reputation.

A managed services provider can thoroughly manage the complex compliance and auditing requirements. Plus, it can perform audits and generate reports verifying compliance. In this area, an MSP can save you substantial time, worry, and money.

Phoenix IT services can also constantly monitor your network systems every day and night using remote monitoring technology with real-time alerts. As a result, an MSP can immediately respond and fix a problem in your network before it causes severe damage.

How Do These MSP Benefits Apply to Your Business?

Whether your company is small or large, managed IT services can provide the same level of professional IT experience, support, and equipment quality as major corporations’ in-house teams at an affordable price.

Employing an MSP can eliminate the expense and logistics of managing an in-house IT team. Also, your MSP can help fortify your business by ensuring your company’s IT networks remain in full compliance, protected from cyber-attacks, and prepared to minimize downtimes. Connect with us today to learn more about how Phoenix IT can help your business upgrade your IT.