What is Managed IT and How Can It Benefit My Company?

Updated On August 17, 2022 | by Alex Smith

Managed IT Services

The managed information technology sector was supposedly worth over $152 billion in 2020. Market experts predict this to grow to a whopping $274.20 billion by 2026.

One of the primary drivers behind the growth in managed IT is the increase in remote work. Managed IT bridges the gap created by social distancing by maintaining digital connections.

What exactly does Managed IT mean, though? Why should every business, regardless of size, consider investing in it?

We’ll get to the bottom of all these questions in this guide, so be sure to read on!

Also Read: What Are the Qualities of Best SEO Company

Managed IT 101

Managed IT is the term used to refer to outsourced information technology services. The term “managed” pertains to how a third-party company manages the provided services. These companies, in turn, are what you call Manage Service Provider (MSPs).

Common IT Services Offered by MSPs

MSPs specialize in delivering remote services, including network and infrastructure monitoring and management. Some MSPs only provide scheduled services, while others offer round-the-clocking monitoring. As such, be sure to take the time to learn more about 24/7 monitoring plans offered by the MSPs you plan to work with.

MSPs also provide cybersecurity services as part of their monitoring services. However, you can pay for cyber protection as a stand-alone service. Either way, this is the least you should get, seeing as cybercrimes cost businesses $200,000 on average.

Backup and disaster recovery (BDR) services are also critical managed IT services. MSPs remotely create multiple data backups and then store them in various locations. They can deploy the most recent backup via cloud technology in case a disaster, such as a fire, strikes.

You can also rely on managed IT providers to deliver help desk solutions. MSPs provide traditional break-fix services, too.

Managed IT Benefits

Hiring a managed IT company gives you access to dedicated IT professionals for much less. Their team consists of computer and network security and repair specialists. They usually have hardware and software engineers and systems administrators on board, too.

Having access to all that talent is often financially impossible for small businesses. For starters, the median salary of a computer programmer in the US is $89,000 a year. A systems administrator, on the other hand, makes a median annual salary of $84,000.

MSPs allow you to tap all those skills and talents on a per-user or per-plan basis. You can also hire MSPs only for certain services, such as cybersecurity or monitoring. You’ll pay them only for the services you need and those they will successfully render.

It’s also because of that expansive talent pool that you can rely on MSPs for almost all IT-related tasks. This, in turn, frees up a lot of your time and that of your people. With the help of the best managed IT service provider, you no longer have to wear the IT hat.

Instead, you and your employees can focus on core business tasks. In doing so, you can complete projects on time, so your client’s benefit, too. Happy clients usually come back for more, so your profitability can go up as well.

Let Managed IT Services Help You Grow Your Business

Managed IT services allow you not only to save but also to create more time and money. Moreover, they can safeguard your assets from the potential dangers of cybercrimes. All that should be a good enough reason to invest in outsourced IT solutions.

Ready for even more educational tech guides like this? Then be sure to check out our other categories for more of the latest in technology!

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