According to a 2021 study by the Information Technology Intelligence Consulting (ITIC) firm, research shows that 59% of businesses struggle to maintain IT operations during periods of staff turnover. Managed Services Providers (MSPs) offer a compelling solution by providing a stable, external IT team led by a designated account manager. This setup ensures that critical business processes, such as network infrastructure management, cloud computing solutions, and cybersecurity protocols, continue seamlessly, regardless of internal staffing changes.
According to a 2021 study by the Information Technology Intelligence Consulting (ITIC) firm, research shows that 59% of businesses struggle to maintain IT operations during periods of staff turnover. Managed Services Providers (MSPs) offer a compelling solution by providing a stable, external IT team led by a designated account manager. This setup ensures that critical business processes, such as network infrastructure management, cloud computing solutions, and cybersecurity protocols, continue seamlessly, regardless of internal staffing changes.
Whether dealing with retirements, resignations, or other workforce shifts, an MSP partnership guarantees uninterrupted IT support and management across various domains, including helpdesk services, system administration and application development. This collaboration allows companies to concentrate on growth and innovation while relying on MSPs to handle the complexities of IT continuity.
One of the key advantages of partnering with an MSP is access to a diverse team of IT professionals with a wide range of specializations, from network engineering to data analytics. These experts bring a wealth of knowledge and experience that surpasses what most businesses can achieve with their internal teams alone, as evidenced by a 2020 CompTIA report stating that 64% of organizations using MSPs cite access to skills as a primary benefit.
The MSP's team is continuously trained on the latest technologies and best practices, ensuring that the organization benefits from cutting-edge solutions. This expertise on demand is particularly crucial during times of transition, such as when an internal IT staff member with niche skills leaves or retires. The MSP's team can seamlessly step in to fill any gaps, providing consistent support and preventing any disruption in service delivery.
The presence of a dedicated account manager is another significant benefit of working with an MSP. This individual acts as a single point of contact, coordinating all aspects of the service delivery lifecycle and ensuring that the business's needs are met efficiently across various IT functions. The account manager is responsible for understanding the company's specific requirements, such as compliance with industry regulations like HIPAA or PCI-DSS, and aligning the MSP's resources accordingly. This personalized approach means that even if internal staff changes occur, the continuity of service remains intact, with the account manager facilitating knowledge transfer and maintaining project momentum.
The account manager’s role is to ensure that the transition is smooth, and that there is no loss of institutional knowledge or disruption to the business's operations, which is particularly valuable given that most organizations cite the loss of institutional knowledge as a major challenge during IT staff turnover.
MSPs provide a level of flexibility and scalability that is hard to match with an internal IT department, which often faces constraints in terms of budget, headcount, and skill availability. Businesses often face fluctuating demands, whether due to seasonal changes, market conditions, or growth initiatives, such as mergers and acquisitions. An MSP can quickly scale services up or down to meet these needs, without the delays associated with hiring and training new staff, which can take an average of 42 days according to a 2021 report by the Technology Services Industry Association (TSIA). This adaptability is especially valuable during periods of workforce changes, such as when an organization needs to rapidly ramp up its IT capabilities to support a new product launch or expand into a new geographic market. If an internal IT employee leaves unexpectedly, the MSP can immediately allocate additional resources, such as cloud infrastructure experts or cybersecurity analysts, to ensure continuity. This flexibility helps businesses maintain their competitive edge and respond rapidly to new opportunities or challenges in an ever-evolving technology landscape.
One of the hallmarks of MSPs is their proactive approach to IT management, which involves leveraging advanced tools and platforms for continuous monitoring and predictive maintenance. Rather than waiting for issues to arise, MSPs employ sophisticated algorithms and machine learning models to identify potential problems before they occur, such as detecting anomalous network traffic that may indicate a cyber threat. This proactive stance significantly reduces the risk of downtime, which can cost businesses an average of $5,600 per minute according to a 2021 study by Gartner, and ensures that systems are always running optimally.
During times of internal staffing changes, this proactive management is particularly beneficial, as it helps maintain the integrity and performance of critical IT assets even when there may be gaps in internal expertise. The MSP's team can identify potential vulnerabilities, such as unpatched software or misconfigured security settings, and address them promptly, ensuring that the business's IT infrastructure remains secure and reliable.
MSPs also play a crucial role in disaster recovery and business continuity planning, which are essential for organizations of all sizes. Managed Service Providers develop and bring comprehensive strategies to protect their clients against various threats, from sophisticated cyberattacks like ransomware to natural disasters like hurricanes or earthquakes. These plans include robust data backup solutions, such as cloud-based replication and off-site storage, as well as detailed recovery protocols and communication strategies to ensure that the business can continue operating under adverse conditions.
When internal IT staff changes occur, the MSP ensures that these plans remain up-to-date and effective, regularly testing and refining them to account for new risks and dependencies. This ongoing support provides peace of mind, knowing that the business is prepared for any eventuality and can quickly recover from disruptions.
While cost efficiency is often cited as a benefit of partnering with an MSP, it's important to carefully consider the financial implications and potential drawbacks. Maintaining an internal IT department can be expensive, particularly when factoring in salaries, benefits, training, and equipment, which can amount to an average of $146,000 per year for a single IT professional according to a 2022 report by the Bureau of Labor Statistics. MSPs offer a more predictable cost structure by providing access to a team of experts for a fixed monthly fee, which can help businesses better manage their IT budgets.
When selecting an MSP, it's crucial to carefully review the terms of the service level agreement (SLA) and ensure that the MSP's offerings align with the organization's specific needs and goals. One key consideration is the breadth of software applications and platforms that the MSP supports. While some businesses may be tempted to work with a specialist MSP who focuses on a single application, such as an Enterprise Resource Planning (ERP) system, this approach can have significant drawbacks. A narrow focus on one application may limit the MSP's ability to provide comprehensive support across the organization's entire technology stack, leading to gaps in coverage and potential integration issues.
Instead, partnering with an MSP that supports a wide range of software applications can offer several advantages. First, a broad-based MSP can provide a more holistic view of the organization's IT environment, helping to identify opportunities for optimization and cost savings across multiple systems. Second, an MSP with diverse expertise can more easily adapt to changing business needs and support the adoption of new technologies over time. This flexibility is particularly valuable as organizations increasingly rely on a complex mix of cloud-based services, mobile apps, and legacy systems to drive their operations.
"Managed Services Providers (MSPs) ensure continuous IT support and seamless business operations, regardless of internal staffing changes. This stability allows companies to focus on growth and innovation, while MSPs handle the complexities of IT continuity." - Brent Veit, VP Sales & Partnership, Zanovoy.
Partnering with a Managed Services Provider (MSP) offers several long-term benefits over maintaining an internal IT department. These advantages extend beyond immediate operational improvements, providing strategic value that supports the organization's growth and resilience.
One of the most significant long-term benefits of working with an MSP is cost savings. Maintaining an internal IT department involves considerable expenses, including salaries, benefits, training, and equipment. MSPs offer a more cost-effective solution with predictable monthly fees, allowing businesses to allocate resources more efficiently. This financial predictability supports better budgeting and financial planning, enabling investment in other critical areas of the business. Furthermore, MSPs absorb the costs associated with recruiting and training new personnel, which can be particularly beneficial during periods of staff turnover or organizational growth.
An MSP with expertise across multiple applications and platforms can help organizations develop and implement sophisticated data strategies, such as data warehousing, data lakes, and big data analytics. By integrating data from various sources, including ERP systems, customer relationship management (CRM) software, and other line-of-business applications, businesses can gain a more comprehensive and unified view of their operations and customers. This integrated approach enables powerful analytics and reporting capabilities, such as real-time dashboards, predictive modeling, and machine learning-based insights.
For example, by combining data from an ERP system with data from a CRM platform and social media channels, an organization can gain a 360-degree view of its customers, including their preferences, behavior patterns, and sentiment. This information can be used to personalize marketing campaigns, optimize product offerings, and improve customer service. Similarly, by analyzing data from multiple supply chain and logistics systems, businesses can identify bottlenecks, reduce waste, and streamline operations for greater efficiency and cost savings.
Outsourcing IT management to an MSP allows businesses to focus on their core activities. Internal teams can concentrate on strategic initiatives and business development rather than being bogged down by IT issues. This focus on core competencies enhances overall productivity and supports long-term growth. By freeing up internal resources, businesses can direct their efforts towards areas that drive revenue and competitive advantage, such as product development, marketing, and customer service.
Partnering with a Managed Services Provider that offers a wide range of software application support is a strategic choice for businesses looking to ensure continuity, resilience, and access to advanced data strategies. A Managed Services team can help organizations select, implement, support and customize their company's IT ecosystem, as well as implement sophisticated data strategies, such as data warehousing, data lakes, and big data analytics to provide deep analysis of all critical business applications. This integrated approach enables powerful insights and decision-making capabilities that can drive operational efficiency, customer satisfaction, and innovation.
Working with an MSP that supports a diverse technology stack can also help mitigate the risks of vendor lock-in and provide greater flexibility to adapt to changing business needs. As organizations increasingly rely on data-driven strategies to compete more effectively, partnering with an experienced and versatile MSP is becoming a critical success factor.
If your organization is looking to leverage the benefits of managed IT services, advanced data strategies and application support, consider reaching out to Zanovoy, a leading MSP partner. With a proven track record of delivering a wide range of ERP, CRM, Budgeting, Analytics, and Spend Management solutions, Zanovoy is well-positioned to help your business unlock the full value of its technology investments. Our team of experts can provide the technical skills, infrastructure, and strategic guidance needed to develop and implement a comprehensive range of software systems and an overarching data strategy that drives measurable business outcomes.
Brent Veit, VP of Sales & Partnerships at Zanovoy, excels in driving the company's revenue through expertly crafted go-to-market strategies and strong partnership development, leveraging his extensive experience in the SaaS and professional services sectors. His strategic leadership and deep understanding of business planning and market research have been instrumental in positioning Zanovoy as a leader in the market..