The Bottom Line on MSP’s

With the end of fiscal year 2021 rapidly approaching, now is the time that many companies are setting next years budget, evaluating current positions in the market, and looking for ways to decrease headaches and increase their bottom line. Some companies are looking to hire new, talented employees, from salespeople to truck drivers and warehouse workers. Others are looking to find areas in which they can maximize existing assets to drive revenue and growth for their enterprise, and some are trying to right the ship to avoid a seemingly inevitable crash.

One of the focus points for many companies is their IT division if they have one or filling a gap in their network management in the most effective way possible. This is where a managed service provider comes in. A managed service provider gives you all of the expertise of an in-house IT department at a fraction of the cost. In the United States, the

average cost of employing an IT professional can range anywhere from $60,000 a year to over $100,000 a year depending on the level of experience and expertise of the employee. IT being the multi-faceted department that it is, if you were to try to fill all these necessary roles, such as help desk, security, network professionals, and CIO’s, you are looking at spending anywhere from hundreds of thousands to millions of dollars a year depending on the size of your enterprise. An MSP, such as DelVal Technology Solutions, gives you

unfettered access to these professionals on a contractual basis, often for less than it costs to employ a single IT person per year. For this lower cost, you have access to an entire team that can be on hand when needed, monitoring and securing your network, watching out for your blind spots, and advising you on important technological decisions.

Take a look around your office space, if you haven’t done proper technological house keeping in a while, there is a good chance you have a lot of unneeded hardware. When you bring on an MSP, one of the first things they will give you is a tech assessment and roadmap. Chances are you don’t need a lot of the extra hardware you are running or planning to buy. A proper MSP like DTS will help you take your business to the cloud. This move will free up a lot of space as well as help you cut down on your energy costs by eliminating

redundant hardware.

This also works with software too. Many MSP’s are partnered with top SaaS (software as a service) providers, allowing you to pay monthly for things like Microsoft Exchange, 365, and your Adobe suites. By subscribing to these licenses, it allows for easier, more affordable scalability and the ability to add users without an extra associated cost. Another benefit of an MSP is the amount of downtime you can eliminate on a consistent basis. Downtime can plague businesses, in fact, it has been said that 72 hours of downtime can lead to a destruction of a company almost 70% of the time. Having a great MSP on your side, such as Delval Technology Solutions, gives you access to technicians, a help desk, and a

security team all wrapped into one monthly payment. If you have a problem, be it an outage, employee confusion, or a catastrophe, your MSP is there to make sure

you are up and running again as quickly as possible.

Not having to worry about employing an entire in-house IT team also allows you to reallocate funds to other departments, as opposed to allocating new funds to these departments. This can open many doors for your business. That extra available revenue can be used to market your company, invest in new products or services, hire new employees, or incentivize your current team. Whatever you do with those funds is up to you, but partnering with an MSP can help you turn your savings into profit, not only helping your bottom line, but growing it as well.

Many companies look at cyber-security as insurance, but it can be so much more than that. Attacks and breaches can cost companies thousands if not millions in losses and regulatory fees, on top of the downtime it can cause. A security minded MSP partner, such as Delval Technology Solutions, can not only help you recover from these pitfalls, but also avoid catastrophe before it happens. They can aid in training your staff, monitoring your network, testing for holes that intruders can get into, and protecting your endpoints. On top of this they can help you ensure that you are compliant, which can be confusing as new regulations or changes to existing regulations seem to change on a near daily basis. Staying ahead of cyber-criminals and regulatory issues can be the difference between smooth sailing and lost revenue and market trust.

While partnering with an MSP may seem like a bill to pay, it is in fact a way to save money. You can cut down on existing overhead, be it personnel or technology. It allows you piece of mind that you will be able to enjoy reduced downtime and increased productivity, making for a healthier company ecosystem. The headaches and anxiety of cyber-security and compliance can be replaced with piece of mind knowing your business is protected, allowing you to focus on your bottom line.