Cost Savings With a Managed Services Provider

From workstations and laptops to servers and cloud services, there’s no denying that companies of all sizes depend on their IT infrastructure. With increasing cyber threats, managing IT infrastructure and ensuring a level of network security is proving to be a great challenge – one that most small and medium-sized businesses (SMBs) aren’t too prepared to handle.

Finding Savings in Success

Given this, many SMBs have moved to a model of managed services – one where an IT provider delivers a customized, personable level of support to fit their business needs. While these types of relationships are beneficial from a support and service standpoint, what are the financial benefits that come with choosing the managed services route? Let’s consider the following:

• Scalability: When you work with an MSP, you receive a suite of services and solutions distinctly priced to the size of your organization, either by device support or user count. In most instances, a 10-user company will receive the same model and solution set as a 100-user company, but at a monthly rate that is typically 1/10^th the price. So, with a managed services provider, you never have to sacrifice services and support due to size.

• Consistent Monthly Investment: Combining the managed services model with the materials model (hourly billing), you have access to your MSP on a daily basis for a fixed amount per month. In effect, your business will receive greater efficiency. No longer will you have to ration services – no more paying a difficult-to-manage hourly rate. Typical arrangements with an MSP bring you unlimited access to help desk support, system monitoring and patching, backup and security management, and business strategy and planning. Moreover, all users are free to access support when and where they need it, as per the fixed monthly rate.

• Full Security Stack: Security threats have grown exponentially. Fortinet – a multinational cybersecurity corporation - reports that malware increased by 358% and ransomware by 435% in 2020, compared to 2019. It’s no longer enough to simply have endpoint detection and response (EDR) and a firewall to protect your network: to help mitigate such threats, a managed, proactive approach is needed. With the landscape of threats rapidly changing and the combatting tools being numerous and costly, many SMBs are simply not prepared to manage and pay for an effective security stack of services on their own. Through a customized agreement, an MSP outlines a defined security solution and plan for an SMB to take part in. This agreement includes a scaled cost based on the volume of licensing the MSP contracts through the various solution vendors. In addition, the management of these solutions is part of the services offered under the MSP agreement, meaning you don’t have to be responsible to ensure it all comes together.

These are just some of the savings that an MSP like VC3 provides to businesses of all shapes, sizes, and industries. If you’d like to learn more about managed services, or simply need help in determining the optimal services for you, VC3 is here to help!