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What is a Managed IT Service and How Does it Work?

by msz991
June 15, 2023
in Tech
8 min read
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What is a Managed IT Service and How Does it Work?
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Managed service providers (MSPs) provide what are known as “IT-managed services.” These firms essentially become an extension of your in-house IT division. They may be responsible for overseeing all IT services to ensure the smooth operation of the business and the satisfaction of its customers. The supplier may also advertise a unique service option.

MSPs are working with businesses of all sizes to supplement their in-house IT teams. IT infrastructure management and Help Desk Services are only two examples of the kinds of Ascendant Technologies that a managed service provider could focus on. MSSPs provide a wide range of security-related services, such as network and backup service monitoring and SOC 2 compliance testing and auditing.

What is a managed IT service? What do they offer? How do you go about finding the right MSP for your company? All of these questions and more will be answered in this article.

Table of Contents

  • What is an IT Managed Service?
  • What does an IT Managed Service Provider do?
  • What services are most commonly used?
  • Advantages of Managed IT Services
    • Benefit #1: Cost savings
    • Benefit #2: Increased productivity
    • Benefit #3: Improved business continuity
    • Benefit #4: Specific expertise
  • Disadvantages of Managed IT Services
    • Disadvantage #1: Culture fit
    • Disadvantage #2: Decreased internal knowledge
  • What types of industries are suited for Managed IT Services?
  • How to choose a Managed IT Service provider
  • Is my business a good fit for an IT Managed Service provider?

What is an IT Managed Service?

Managed service providers (MSPs) provide assistance in a broad range of technological areas. The advantages and savings for businesses of any size are substantial. Employees and other internal resources may be redistributed to more productive uses. The IT-managed service may either be added to existing projects in need of specialized knowledge, or it can be used to clear the backlog of Business as Usual chores.

While choosing a managed service provider, businesses should consider factors like service offerings, industry experience, and customer reviews. An instance of a well-regarded company in the field is Verticomm, known for its comprehensive IT solutions. Companies like Verticomm highlight the importance of choosing a managed service provider that can adapt to your unique business needs, offering services that span across network management, cybersecurity, data backup, and more. This flexibility not only optimizes business operations but also ensures that the IT environment remains robust and secure.

Numerous managed IT services provide a variety of packages from which businesses can pick the best fit. The service provider may be used in a variety of capacities, including as an extension of the in-house team, for the development of specialized technology or continuous project work, or for the completion of a single, discrete task. They provide advice on best practices, take care of the IT department’s gear, software, and infrastructure, and help out whenever they’re needed.

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It’s important to note that certain service providers focus on serving particular markets or types of technology. When a business outsources to a reliable partner, it has access to scalable solutions and a versatile pool of people. Keeping an in-house IT department staffed with experts in so many different areas may be challenging. Finding and keeping specialized personnel is a two-pronged challenge in today’s rapidly evolving technological landscape. A small number of workers cannot hope to acquire and maintain all of the relevant abilities. Finding and retaining that level of IT skill in-house would be prohibitively costly.

What does an IT Managed Service Provider do?

IT services may focus on a wide variety of technological areas. Some examples of such assistance are:

  • IT Consulting
    • Managing infrastructure
    • Network managed services
    • Providing help desk and IT support for staff
    • Providing IT Support for clients or customers
    • Procuring hardware and software
    • Designing architecture
    • Database administration
    • Developing applications
    • Educating staff on best practices
    • Providing cybersecurity services 

That is not an all-inclusive set of options. Managed IT services may assist organizations with any and all of their IT requirements. Both replacing older technology and moving to the cloud fall under this category. Managed service providers (MSPs) often focus on industry-specific compliance regulations.

Many MSPs operate solely online, but if you need on-site assistance, you can also find hybrid models in London. MSPs are a great way for businesses to get Totality Services through their in-house IT departments with specialized expertise and continuing process management. By standardizing processes, this solution improves the effectiveness of internal operations. It may also save costs and increase efficiency.

What services are most commonly used?

A managed service provider may handle a broad range of tasks on your behalf. If your firm wants to maximize its return on investment (ROI), it should base its service decisions on an analysis of its present procedures and the identification of its weaknesses.

  • Companies often use services like Cloud Migration and Cloud Managed Services. In order to benefit from cloud computing’s real-time data access and flexible workflow, many established businesses team up with managed service providers (MSPs) to migrate data and functionality from traditional systems.
  • Help with your computer problems, handled by professionals. Around-the-clock assistance from a dedicated Help Desk team may reduce employee stress and increase efficiency. Because of this, in-house resources may be reallocated to other pressing matters.
  • • Data backup and cyber security. Cybersecurity measures may involve keeping an eye on things, putting in place tools to detect and prevent attacks, educating employees, and keeping tabs on networks.
  • Infrastructure and Network Management. Managed network and infrastructure services provide businesses with a safe setting. When servers and other equipment are housed elsewhere than in the office, costs, and space are reduced.
  • Maintaining conformity with rules and regulations. As regulations become increasingly particular to technologies and sectors, several MSPs have specialized in keeping their clients up-to-date and compliant.
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Advantages of Managed IT Services

One of the many benefits that firms may get from using managed services is access to a pool of highly skilled professionals. When outsourcing, it’s crucial to keep your end goals in mind.

To reach more revolutionary business goals, you may choose to hire a managed service provider (MSP) that specializes in that function or has a larger range of skills. A full-service supplier is advantageous if your plans call for assistance in many areas of expertise.

Benefit #1: Cost savings

Money saved is one of the main advantages. Managed IT services may provide both one-time project employees and continuous specialists. Using these services is more cost-effective than keeping on as many full-time employees as would be needed to get the job done.

Payroll savings are just half of the picture. Reduced downtime and improved staff support lead to more satisfied customers and more business.

Benefit #2: Increased productivity

By contracting with a managed service provider, in-house workers are relieved of the responsibility of handling the functions the MSP handles. Businesses see gains in efficiency and output when the internal IT staff is relieved of routine chores like password retrieval and help desk work. As a result of the internal team’s increased focus, new ideas may be introduced more quickly and with greater success.

Benefit #3: Improved business continuity

Downtime may be reduced with proactive services at your organization. Your MSP can get you back online more quickly if something goes wrong, such as in a disaster recovery scenario. Corporations lose money during downtime. If you don’t pay your bills on time, you risk losing clients and money.

Benefit #4: Specific expertise

Managed service providers (MSPs) provide access to specialized knowledge in several areas of IT. This implies you’ll have access to a seasoned programmer or someone with an extensive understanding of the underlying infrastructure if and when the project calls for it. Experts in every field of technology do not share the same body of information. This broadens the scope of successful initiatives and procedures that your business may initiate and sustain.

Disadvantages of Managed IT Services

While managed service providers (MSPs) offer many advantages, you should be aware of a few drawbacks before signing on the dotted line. You may use this information to better evaluate potential service and provider investments.

Disadvantage #1: Culture fit

You and your MSP’s personnel may collaborate on certain projects or serve as an outsourced IT department. It’s possible that the MSP specialists won’t know a lot about your business or field. They also might not mesh well with the team’s established values.

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Disadvantage #2: Decreased internal knowledge

It’s possible that when you outsource a whole process to an MSP, you won’t have someone on staff who has a deep understanding of that process. Even if they aren’t managing the process on a daily basis, having someone on staff who can provide some supervision and has a complete understanding of the process is always a good idea.

What types of industries are suited for Managed IT Services?

MSPs may be used in any market. They are a great option for firms that need an extra set of hands or who don’t have the resources to maintain an in-house IT department. Many MSPs focus heavily on cybersecurity and infrastructure, while others cater to a specific type of software or industry.

How to choose a Managed IT Service provider

The procedure for selecting a managed IT service provider varies from business to business. You should investigate potential MSPs to learn more about their experience and standing in the industry. It’s not unlike recruiting an internal employee when it comes to finding the ideal MSP. You should choose a business that can cater to your specific requirements. In order for your business to succeed, it must deliver the quality of service and knowledge that your customers need.

If you need managed service providers (MSPs) to design a backup and disaster recovery strategy, you should seek firms that focus on those particular areas. You might further specify your search for MSPs in your industry. It’s possible that you’ll require on-demand assistance, or maybe you’d prefer to deal with an MSP that can go to you. While it may save you money in the long run, switching to a hybrid model could limit your choice of remote MSPs.

Is my business a good fit for an IT Managed Service provider?

Most organizations may gain from working with an MSP, and it’s crucial to realize that handling all of your company’s IT needs in-house can be time-consuming and resource-intensive.

If your IT staff is so swamped with work that they can’t forward any creative initiatives, outsourcing may be the way to go. If you want impartial confirmation of your vulnerabilities, you should also employ a third-party firm to conduct an assessment of your system and procedures. Hiring a knowledgeable MSP should be a top priority if your company is experiencing cybersecurity concerns that you cannot handle in-house. The costs of data breaches and system outages might be high.

The most important thing to think about is: where am I going? It’s possible that you don’t need an MSP right now if your company’s objectives can be met with just in-house resources. However, if your business is losing out on growth and expansion opportunities due to a lack of support, it’s time to start looking for a managed service provider (MSP).

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