How IT Managed Services are gaining prominence

IT Services continue to gain more and more prominence in recent years. It is very easy, simple, and involves much less hassle than other options in that respect. IT needs are growing exponentially year on year in any company and it is becoming much more crucial to balance those needs for effectively operating a business enterprise. In addition to maintaining a robust and well-functioning IT infrastructure, providing the IT system with a proper security infrastructure is also very important, as cyber-threats are evolving at a fast rate. But, even despite all those strong reasons for maintaining a proper infrastructure in place, the in-house IT team and resources of a particular business organization may prove to be insufficient to supplement those same needs, and for that express reason, a third-party, external IT service provider could be needed to plug that gap for the smooth running of the business within the organization. As per some of the recent statistics, over half of total IT Services have moved on to a managed service model and that has also brought in rich dividends to the company in question. Also, close to 50% of small-scale and large-scale business organizations plan to partner with a managed service provider shortly. 

As of 2019, the total monetary value of the IT outsourcing industry was pegged at close to $70 billion, and that figure is only expected to grow in the future. So, both in scope and size, the managed services industry holds great promise. In layman’s terms, managed IT services refer to the outsourcing of the bulk or part of a company’s ongoing IT needs to a third-party provider of managed IT services. The range of responsibilities delegated to the third-party service provider varies, with sometimes it being as basic as maintenance of the existing IT equipment and infrastructure to being as major as delegating all the relevant IT duties for a company to that assigned provider. There are several benefits to retaining an IT managed services provider. First of all, the primary reason is the pace of technological growth across the globe. Any relevant software or hardware that is in frequent use today might not be so tomorrow and these kinds of situations require much faster adaptability and a far more proactive approach to adopting technologies. 

Most third-party service providers are extremely in the know on the subject and that enables them to react much faster to changing landscapes in the technological field, a feat that might not be possible for an in-house IT team. Also, there is the cost aspect to the discussion, as to properly equip an in-house IT team, an organization needs to spend considerable sums on buying and readying the IT equipment for their designated team and that sum becomes a fixed cost as it is to be paid on one go, while if the same organization hires an external IT team to service their needs, then that becomes a part of their ongoing operational costs which is much easier to bear in the longer term. Thus, for a variety of reasons, hiring a dedicated IT service provider makes a lot of sense, and why that route is being opted for by most businesses.  

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