The Financial Benefits of Managed IT Services

The Financial Benefits of Managed IT Services

Managed IT services are among the critical investments a business should implement. As with any investment, it’s only normal for organizations to consider how much return it brings. Partnering with a managed IT provider would guarantee several advantages directly translating into cost savings.

Managed IT services give you the freedom to focus on your core competencies. They’ll take over the daily tasks that are more complex and time-consuming, such as:

• Disaster recovery planning
• Cloud computing
• End-user support
• Datacenter solutions

In the long run, managed IT services will boost efficiency and make your business more competitive. But what financial benefits do you stand to enjoy if you partner with a managed IT services provider? Let’s explore:

A More Productive Team

You want your tech resources to enhance your operations and boost productivity. But if you don’t achieve this, there’s a problem.

According to an IDC whitepaper, unforeseen downtime could cost your organization about $58,118 per 100 users. However, managed IT vendors can reduce network and server downtime by over 85 percent. They’ll also handle the more complex and repetitive tasks as the IT team gets productive in their core competencies.

No Infrastructure Costs

Outsourcing your IT management can lower your infrastructure expenses in different ways. First, you’ll easily downsize your on-site infrastructure by leveraging their data centers. They’ll relieve you from hardware costs, energy expenses, and office space. You’ll also save on licensing, recruitment, training, and consulting. The IDC whitepaper notes that you stand to save $146,801 for every 100 users annually.

A Smaller Initial Investment

A managed IT vendor won’t subject you to the high initial investment in software and hardware. You’ll only pay a low monthly fee. The service isn’t a capital expenditure but an operational cost. So you don’t need many business resources to manage your infrastructure. Your provider will address all updates, and you won’t incur the extra amount of staying up to date.

Predictable Costs

Managed IT providers charge a standard rate regardless of the level of monthly support you need. You’ll know the services you’ll get and the exact amount to budget, giving you the flexibility of investing in other essential elements. Cost management is now simpler than ever.

Instant Expert Support

Time is money, and IT problems may disrupt your overall productivity and halt projects. The time and resources spent to resolve the issue are cash down the drain. Managed IT vendors can address the issue at hand to get things back on track, sometimes in minutes.

Economies of Scale

As the company grows, you’ll need a support structure that extends equally. Managed IT services can grow with you, allowing you to scale up or down, and you just need to communicate with your vendor. They can support any number of employees, and you’ll only pay for what you need. The providers offer the ultimate flexibility to let you contract and expand based on your needs.

Overall Business Productivity

Managed IT services don’t only improve your IT department but also enhance operations in all aspects of your organization. Combining all the above benefits allows you to achieve a well-supported, reliable, and scalable IT environment, which can substantially increase your company’s overall productivity. According to the IDC report, the overall productivity could improve revenue with about $229,511 as an annual benefit.

Managed IT Services from Palindrome Consulting

Managed IT services offer lots of benefits that translate to financial rewards for your organization. In fact, if you haven’t yet partnered with a proactive, capable, and reliable managed services provider, you risk encountering frustrations due to unjustified expenses over your IT infrastructure in the future.

Fortunately, you can avoid all these by partnering with Palindrome Consulting, a top-rated IT consulting agency in Miami and Fort Lauderdale. Reach out or schedule your free consultation if you need support.