Technology allows modern-day businesses to increase their overall efficiency and generate meaningful insights from data. Business networks store all the information required and allow employees to use it to get more work done than ever before. As a result, networks have become one of the most important assets to a business and deserve the most care and attention when it comes to maintaining it.

A lot of businesses operate under the assumption that handling network management is solely the responsibility of the in-house IT team, but this is not the case. Managed IT and technology service providers ensure that business networks have the proper support and service, freeing up business owners and employees to focus on growing the business. Despite its numerous benefits, one of the main reasons managed service providers are a smart solution for businesses of all sizes is the ability to save money and cut costs for the business.

Here are 10 business benefits of opting for a managed services provider:

1. Future proof services, using best-of-breed technology
Established managed service providers(MSPs) need to utilize the best and newest technologies and equipment on the market to deliver services. IT services are subject to constant upgrades with no additional cost or financial risk is directly taken on by the business. Businesses can rest easy with the knowledge that they never have to worry about the IT systems becoming outdated or obsolete.

2. Low capital outlay and predictable monthly costs
Investing in specialized hardware and software in-house can be a costly affair. A managed service provider offers the best and high-quality infrastructure and carrier-grade solutions to customers. Managed services providers usually offer a fixed monthly payment plan which allows businesses to know the exact cost of the services over the duration of the contract. This allows businesses to be free from any unexpected fees related to upgrades or changes in infrastructure.

3. Flexible service
Managed IT service providers offer a lot more flexibility than an in-house team. They implement a pay-as-you-go payment plan which allows the business to accommodate quick growth when required or save on costs when it is time to downsize.

4. Converged services
Several managed IT service providers can function over a single ‘converged’ connection, which results in cost savings on infrastructure. There are also added benefits relating to increased productivity and efficiency as it allows employees to have remote access to all the voice and data applications provided they have been authorized for the same.

5. Highly resilient, secure infrastructure
Since its core element is data, managed service providers data centers and managed network infrastructure is incredibly robust when compared to a standard enterprise IT service network. Infrastructure is run with constant monitoring and management while adhering to government-approved security procedures.

6. Expertise
Opting for managed services allows businesses to gain access to expert and specialized personnel. Often, businesses will only need a particular skill once. This allows businesses to save the expense of training existing staff for skills they will only use once.

7. Centralisation
Managed service providers tend to operate on centralized servers. This gives businesses the ability to centralize all their applications and servers within managed data centers. Centralization leads to improved performance of staff, regardless of their location. By having access to centralized data centers within the own network, businesses can also gain access to a host of virtual services including storage and backup infrastructure.

8. Increased service levels
Opting for a managed IT service provider also allows businesses to have more control over the service levels and performance. They can be sure of continuity of service due to the service level agreements put in place by the MSP. A managed service provider also usually offers round the clock support, throughout the term of the contract.

9. Disaster recovery and business continuity
Delivering services is the backbone of managed service providers. Although their networks and data centers are designed to be easily accessible, resilient and redundant for maintaining business continuity. Businesses can take advantage of this technological investment. This allows them to ensure the safety of business data and recover any lost data should it get erased from the main office of the business.

10. Green and lean
One of the key benefits of centralizing a business system within data centers and running applications on a virtual platform is that it results in huge power savings for the business, which lowers the overall carbon footprint of the business, all while reducing costs.