It’s that time of year where budgets are being finalised, and business leaders wonder how to save their company money.
IT is at the centre of every business; when IT goes wrong, it can lead to loss of productivity and even downtime, which end up costing your business time, money and, in some cases, its reputation. We all know the importance of technology but getting it right can be tricky and expensive.
Many organisations, big and small, have saved costs by outsourcing IT services. In fact, today, cost savings is one of the first motivators that drive companies towards outsourcing. But exactly how does outsourcing save money?
Let’s look at 6 ways IT outsourcing companies can reduce your spending.
On average, it costs a business between 1-3% of their annual revenue to get one new hire up to speed. Not to mention that recruitment costs can be upwards of £3,000 per new employee.
Add this to the annual salary of your IT support staff member, and your business could be spending tens of thousands each year.
By outsourcing a reliable managed service provider, you’ll gain access to additional experts who can add to your skills. This means you can put that extra saved money back into the business, all while maintaining peace of mind.
Want a better idea of outsourced IT support costs? Take a look at our pricing guide.
Cyberattacks are potentially disastrous events for business owners. From October 2020 to January 2021, the average cost of cyber security breaches in the United Kingdom was £2,670 across all businesses. The cost of a cyber-attack is not only financial, with companies having to spend time recovering from the attacks.
If you aren’t equipped to deal with cyberattacks and other threats, you run the very real risk of pouring your hard-earned money down the drain.
Investing in expert, round-the-clock IT support will help you ensure your business is fighting fit and ready to defend against malicious threats, reducing the cost of putting out fires. And, if you do face any disruption along the way, a good provider will ensure your business is up-and-running fast.
Do you have trouble deciding what tech solutions are suitable for your business? With so many different software’s and tools available, it can be hard to know which is best for you.
Choosing the right tools is vital to your business; getting it wrong can lead to inefficient processes, causing reduced productivity and increased costs.
43% of businesses value the dedicated expertise of MSP outsourcing. Why? It’s because they have specialists who understand how technology can align with your business goals—allowing you to simplify how you manage budgets, company targets, and existing infrastructure, saving you time and money.
Keeping your in-house team’s training updated can come with a massive tag with the digital and technical landscape constantly evolving. However, working with outsourced IT support means you’ll have access to highly trained experts without the cost.
Another worthwhile training cost to mention is cybersecurity. While security awareness is hugely important, one-off cybersecurity training can cost your organisation an arm and a leg. In fact, for larger businesses, the cost of staff training can add up to over £220,000 per year.
In addition to keeping you up to date with all relevant data compliance requirements, a decent outsourced IT provider offers cybersecurity awareness training as part of their support package, helping you reduce training costs.
The range of IT expertise in your business depends on how many IT staff you have. If you only have one person, you’ll be limited by their time and knowledge.
Outsourced IT partner’s employ a wide variety of specialist staff so your every IT need can be met. Typical services include:
Each area requires a specific set of skills, expertise and knowledge to deliver successfully but can be found under one roof with a reputable IT company.
Remote working has been around for years, but it’s only become mainstream over the last two years, thanks to the global pandemic. Looking after employees all over the country can be a tricky task for in-house teams. Without the right tools to fix issues remotely or coverage to travel to different locations, staff working from home get left to fend for themselves.
The same could also be said for businesses with multiple offices but only one IT department to support them all. Again, lack of resource leads to problems and costs your business money.
We’ve covered a range of ways IT outsourcing costs your business less money in the long run. But what other things should you consider when looking at outsourced IT services?
The right IT provider should put your organisation first, secure your assets and offer the best-tailored solution for you.