By Araceli Masias • August 20, 2019

4 Financial Benefits of Hiring an IT MSP

In today's markets, technology is a great resource for companies to improve and reach their growth targets. There are many areas of technology businesses must take into consideration, such as cybersecurity, networks, storage in the cloud, and collaboration. This is where an IT MSP, or managed service provider, can be the cost-effective solution to a problem you didn't know you had.

 Nowadays, the implementation of technology in companies should not be perceived as neither a luxury nor an investment, but rather a need that allows companies of all sizes to evolve and increasingly meet a better form of consumer demand. 

 It is well known that technology does not often come in cheap, especially when done in-house, therefore it might be a wiser alternative to outsource it. Certain services an MSP can provide can help your company save costs, for instance, there are many benefits that come along migrating data storage to the cloud that allows companies to avoid investing in expensive internal infrastructures and licenses. Therefore, when deciding on which MSP to work with, it is important to take into consideration several things.

With an MSP's scalable model, they are able to fit into any business like a glove. Here are some ways in which working with an IT MSP can help your business financially:

1. Reduced Labor Costs

Building an in-house IT team can turn out to be a very expensive endeavor, this is given that the costs of recruiting and training the right people are very high. As a field that is constantly evolving, the training is also constant, which means they need to renew certifications every year. All these costs that go into maintaining an in-house IT team continue to rise as the company grows. Whereas an IT MSP's scalable model makes it a more cost-effective alternative.

2. Specialized Expertise

Hiring an IT MSP comes with various benefits, which includes a team of experienced engineers with specialization in different areas. Therefore, this means there is somebody available for any tech need, whether networks, systems, or the cloud. On the other hand, an in house IT specialist will often have a more generalized set of skills that can be applied to a variety of situations. Therefore, by having a specialist focused on a specific issue, you can ensure the best around the clock quality service provided for your company.

3. Increase Efficiency in the Workplace

In an increasingly globalized world, physical meetings and training sessions can generate multiple expenses in travel, accommodation and wasted time (who hasn't had to sit on a 3 hour round trip to attend a 2 hour meeting). Using videoconferencing software such as Cisco's Webex service allows companies to save on travel expenses and the time of their employees and customers. Furthermore, there are many other ways in which an MSP can help your company increase your employee's productivity. An IT MSP can help facilitate the installation and management of such software.

4. Economies of scale

As IT is an every changing market due to innovation and advancements, it is often difficult to keep up with the newest developments in technology. This can prove to be a very costly endeavor, especially as your company grows and tech needs have to be scaled in size. When working with an experience IT MSP, they should be able to scale up or down to meet your company's needs. 

There are many things you need to consider as your company grows, such as expanding office space in which new networks and systems are needed, to migrating to the cloud. Outsourcing these activities to an MSP allows you to stay focused on growing your business while they can take care of everything else.

proctive-it-managed-servicesLearn More About Tekscape's Proactive IT Services


A proactive approach to IT managed services will give you peace of mind, your critical technologies and processes are constantly being monitored to detect any issues before they can cause any business disruptions.

Partners like Tekscape have an approach with clear steps that add value, visibility and transparency into the management of your technology infrastructure.

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