Information technology plays a crucial role in running and growing businesses today. It helps business people in different industries run their processes efficiently using computers and other software. They use it in several departments, including human resources, finance, manufacturing, and security. As the value of information technology increases, thriving businesses hire reliable managed service providers to take advantage of their services. 

According to the statistics provided by Statista, the global market value of managed services is USD$161.37 billion in 2021, with an expected value of around USD$300 billion by 2026. These figures represent the need for managed services, such as the managed IT services from Cloud9s, that can help businesses take charge of their processes. Managed services are third-party IT professionals you can hire to handle the day-to-day technical aspects of your operations and help you achieve long-term business growth. 

Accordingly, if you’re considering hiring IT managed services, read the points below to find out how it can help you grow your business. 

1. Improve Security And Compliance 

Companies can damage their reputation and may even go out of business due to cybercrimes like data breaches. Besides cyberattacks, they can also experience security issues caused by human error, which has several consequences, such as reputational damage and lawsuits. On top of that, businesses can incur costly fines and penalties for failing to follow cybersecurity standards like Payment Card Industry Data Security Standard (PCI DSS) and Health Insurance Portability and Accountability Act (HIPAA). 

With the help of managed IT services, you can take a proactive approach to your data security and help ensure you’re keeping up with cybersecurity standards. Managed service providers can help you prevent a data breach, improve brand reputation, and increase customer trust by protecting your data against cybercriminals and meeting cybersecurity rules and regulations.  

2. Constant Network Monitoring 

Besides the hardworking team members, running an efficient operation requires a robust and secure network infrastructure. A company’s network infrastructure includes software and hardware that enable business operations, management, and network communication. It’s an integral part of your business that helps it be productive, provide a better customer experience, and avoid security issues. But apart from leveraging the right network in your business, it’s also essential to conduct regular network monitoring to keep your network infrastructure working at its best performance.  

That said, managed IT services can provide round-the-clock monitoring of all components in your network infrastructure, including firewalls, routers, switches, and servers. The continuous network monitoring that managed service providers deliver can help identify network issues that could lead to business downtime. 

3. Robust Data Backup And Recovery 

Business data is one of the valuable assets vulnerable to malicious attacks like phishing and ransomware that can lead to a data breach. But apart from data breaches perpetrated by cybercriminals, data loss can also occur due to human error, system crashes, fire, and other natural disasters. Hence, every business should have a data backup and recovery strategy to prepare for attacks and unexpected incidents resulting in data loss. It’s the process of copying the data from their primary source and storing it in different or offsite servers. 

Fortunately, managed IT services can provide a robust data backup and recovery solution to protect your data against cyberattacks, human error, and natural disasters. Managed service providers can help keep your sensitive data safe and retrieve your data quickly in case of on-premise disasters. 

4. Enhance Business Productivity 

Managed IT services are responsible for managing the day-to-day functions of your company’s IT infrastructure. They can offer various services, including monitoring and maintenance, software support and maintenance, data storage, data backup and recovery, and cloud computing. Hence, instead of handling IT issues on your own, you can hire managed IT services to resolve the technical problems in your business quickly. Managed IT services can help you improve business productivity by streamlining the technical aspects of your company’s day-to-day tasks. As a result, it allows your staff to focus on other relevant duties that help achieve your business growth objectives. 

5. Reduce IT Costs

Cutting business costs is an excellent way to increase a company’s profitability. But instead of reducing your company’s IT budget by neglecting cybersecurity or IT monitoring and maintenance, you can hire outsourced managed IT services. They can offer assistance at a lower price compared to in-house IT professionals. With managed service providers at your side, you’ll have a team of experts who can provide customized services that help fulfill your business needs. They can also give insights on technology investments and the most efficient upgrades to ensure you aren’t investing in unnecessary IT infrastructure.

Accordingly, if you’re looking for cost-effective IT services without sacrificing efficiency or security, managed IT services can help you achieve you.

Conclusion 

Overall, managed IT services are available for businesses striving for business growth. They can help your business grow by monitoring your IT infrastructure, protecting your data, boosting operational efficiency, improving cybersecurity, and reducing business costs.