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Being able to reduce overall IT costs can have many beneficial effects not only on a businesses bottom line but also on their ability to provide their own products/services at a cheaper rate to consumers, compete better within their own markets and to provide more financial support to other projects throughout utilising the funds saved through a reduction in costs for IT.

Being able to outsource IT support and services undoubtedly reduces the stress and risk to businesses, but can it actually save your business money in the process? We look at three of the ways using a managed IT service provider can reduce your IT costs.

1. Less Staff & Training

Using a managed service provider eliminates the need for additional IT staff as the company continues to grow, however this is not the only expense to arise from additional staff. The cost to hire and retain IT staff alone is a costly expense, especially when a whole team is needed in order to support the needs of a business and keep things running smoothly.

Further to this, training of staff is an ongoing process regardless of the industry or market you operate in and can be very costly. However with IT being so fast paced and new technology capabilities arising, the need for training is even greater and can become a costly expense over time. Choosing a managed service provider can reduce and eliminate these costs as constant updates and training are provided within the support agreement.

2. Reduce Risk

Most IT systems are critical to the daily operations of running a business, so the need to keep downtime to a minimum is vital. Managed service providers consistently monitor all services to ensure major issues are prevented, meaning an overall reduction in risk to business critical applications. Utilising managed IT services also provides the additional benefit of preventative maintenance where issues and errors can be monitored and dealt with before the end user even knows about them. This helps to improve employees productivity, and by keeping downtime to a minimum more work can be done.

3. Increase Productivity and Save Time

Whether a business has a dedicated IT team or if staff manage their own services internally, having to consistently maintain and monitor applications can become not only costly in terms of fixes or improvements but can also take up vast amounts of time which could be put to better use elsewhere. Having a managed IT service provider allows businesses to free up their staff to make use of their time for more important projects within the business that can help support growth.

Although it may seem like a small part to play in the bigger picture, having staff dragged down with IT related issues and struggling for support can demotivate employees, who then become less productive in the process which ultimately results in less work being done. Utilising a managed IT service provider can eliminate these issues and provide businesses with the freedom to get on with the important things that matter most to support growth and maintain progression.