With businesses spending between 1.5 and 7.2 percent of their yearly revenues on technology, leaders are always looking for ways to improve cost efficiency and ensure the success of their digital transformation initiatives. But, with limited budgets and technical expertise being in short supply, it’s often a difficult task. Partnering with the right managed services provider (MSP) can overcome these challenges and maximize your investment in IT.
#1. Boost your adaptability to changes in the market
Markets are more volatile than ever due to the rapid evolution of modern technology and the changing customer habits that come with it. The fact that many brands, some of which were once household names, have vanished is testament to how failure to innovate quickly leads to a hasty demise. The shift towards technology as a service allows businesses to adapt and innovate faster instead of trying to capitalize on opportunities long after their competitors have taken over.
#2. Scale with demand to budget more efficiently
In-house IT departments can be incredibly expensive to maintain, and the increasing demands often turn into an overwhelming burden. However, that’s not to say you should do away with in-house IT entirely. By partnering with an MSP, you can scale back and forth with demand, without having to worry about enrolling new full-time employees who might end up spending long periods with nothing to do. Outsourcing also lets you tap into new computing resources as and when you need them.
#3. Empower your workforce with greater mobility
Flexible working environments are the new norm in a world where employees have the freedom to work from home or elsewhere. The cloud empowers workforces with greater mobility and flexibility while allowing businesses to reach out to talent from around the world. In fact, an increasing number of startups are entirely location independent. With the right technology partner, you can reduce your office space and hardware requirements and boost productivity by letting your staff work in an environment that suits them best.
#4. Access proven, cutting-edge technology
A computer quickly becomes obsolete from the moment you walk out of the store with it. While that might be an exaggeration, there’s no denying that businesses need access to the newest hardware to keep up with their competitors. Combined with regular maintenance, the constant need to upgrade presents a huge cost burden on companies. However, with an MSP, you effectively rent your computing resources, which are normally hosted in the cloud. That means no more unpredictable costs and no need to worry about upgrades.
#5. Add value to your entire business
The right technology can add value to every facet of your business. Marketing teams can use customer relationship management to better keep track of customer needs and communicate more effectively. Support teams can offer better service by leveraging collaborative support platforms. Payroll teams can use automation to prevent discrepancies. Human resources can reach out to the best talent through online collaboration platforms. Employees can co-author documents in the cloud. The list goes on. All these things improve efficiency, therefore adding value to your business.
#6. Meet and surpass your compliance obligations
The demands of data security, privacy, and compliance places a heavy burden on businesses, and things aren’t getting any easier as reliance on technology increases. Security expertise is also difficult to come by, with millions of unfilled positions around the world. Partnering with an MSP can do much more than add an external layer of protection to your network with remote monitoring and management. It can also help you choose compliant vendors and services and decrease your level of risk to turn the burdens of compliance and security into a competitive advantage.
Valley Techlogic is Central California’s one-stop shop for all your business technology needs. We’re a leading MSP that’s dedicated to optimizing your IT. Call us today to start getting the solutions and support you need to grow your organization.
