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The Benefits of Co-Managed IT Services for Growing Companies

Managed Services Onsite support

The managed IT services industry has become integral to enabling businesses to migrate to technology transformations, implement cloud storage, and use cutting-edge third-party tools and network resources.

According to one report, it is speculated that the MSP market will experience significant growth till 2028, achieving a value of over $550 billion.

One of the most critical advantages offered by MSPs is that they enable businesses to propel their IT objectives while having access to skilled and professional IT resources within budget.

Startups, small businesses, or any business that is quickly growing now resort to outsourcing their IT implementations and objectives to experienced and highly reputed co-managed IT services, such as Corporate Technologies.

Understanding Co-Managed IT Services in a Nutshell

Co-managed IT service can essentially be described as a business leveraging the expertise, resources, and IT technologies of a reputed third-party managed IT provider.

Apart from the benefit of having predictable expenses for that business, it will also have the opportunity to customize its IT needs.

Meaning that they will be able to determine which technology objectives should be outsourced and which ones to be implemented in-house.

The general idea behind co-managed IT services is to strike a powerful collaboration between the MSP and the company where the former can help consistently optimize, scale, and support the company’s present IT infrastructure.

Co-managed services aren’t exactly something new and have been around for quite some time, helping businesses that cannot afford to set up an in-house technology team or don’t have access to the right technology resources.

When is it a Good Idea to Consider Partnering with a Co-Managed IT Service Provider?

There can be a variety of triggers that can encourage companies (big or small) to opt for a co-managed IT service plan. These include factors such as:

Lack of Adequate IT Resources and Time Management Issues

One of the most problematic things about working with a small IT team is that overextending them can be highly disruptive to your operational productivity. With a small team, only a given number of projects or tasks can be completed.

Delegating too many tasks and assignments to an already overworked team could result in employee burnout and inadequate outcomes.

However, with a co-managed IT services plan you won’t have to worry about hiring, training, and onboarding experienced IT staff members (which can be a lengthy and costly process).

You’d already have access to the MSP’s resources, tools, and manpower. You can think of co-managed IT services as a powerful supplementation of your IT team.

Juggling with New Projects

For a small company or a startup, nothing can be more important than embarking on and implementing new projects to maximize their growth and bottom line. However, with a small technology team and even a small number of appropriate technology tools, taking on new projects can exhaust your financial resources and your human resources.

Here, partnering with a reputed co-managed IT service provider such as Corporate Technologies will be instrumental for businesses to deliver their projects on time while tackling numerous other projects simultaneously.

It is important to understand that technology is ever-changing and evolving. This means there is always going to be a gap in knowledge because keeping up with modern technology trends is quite difficult, especially if you’re a small operation or a startup.

This is where co-managed IT services come into play. MSPs can help provide you with a powerful combination of knowledge, resources, and specialists to help fill your gaps in knowledge and implement an effective and instrumental IT infrastructure for you.

An Inadequate Technology Platform and Lack of Management

One of the core elements of an effective and resilient technology infrastructure is a powerful management and monitoring platform.

This essentially comprises a business’s cybersecurity protocols along with dedicated resources that track and monitor threats and vulnerabilities to keep their platform optimized.

Small businesses and/or startups often struggle to create a reliable technology platform, which is why it is important to collaborate with co-managed IT services.

These professional MSPs have access to the best cybersecurity tools and have invested in generating a resilient co-managed IT environment.

Some Essential Features of Corporate Technologies as an Avant-Grade Co-Managed IT Service Provider

Now that you know what co-managed IT services are and why they are important, let’s take a look at some of the best features offered by a credible MSP, such as Corporate Technologies:

  • Access to cutting-edge cybersecurity tools and protocols
  • Avant-garde ticketing platforms and management processes
  • Limitless technical support
  • Support overflow initiatives
  • Knowledge transfer, digital transformations, and other consulting services

Incredible Advantages of Collaborating with a Co-Managed IT Services Provider

Superior IT Flexibility

Co-managed IT services can be wonderful for optimizing a company’s IT flexibility in terms of the scalability of services and resources.

This means that the business will be able to subscribe to and pay for services that they immediately need. This also means that the organization will not have to contend with costly upfront expenses in setting up an in-house IT team or purchasing software and hardware. 

The beauty of co-managed IT services lies in predictive expenses. Businesses will always know what they’re paying for and create a dedicated budget for their IT endeavors.

In addition, it will also give you the added advantage of adding more agility to your long-term projects with the same co-managed IT provider without worrying about any resource limitations or constraints.

The Constant Availability of Skilled IT Professionals

For a small company or a startup, it can be financially daunting to spend exorbitant amounts on finding and onboarding specialist IT professionals.

Plus, even if they manage to build a small team, they will always be limited to a number of projects they can tackle.

And let’s not forget about the need to invest in the best software and hardware resources and tools. Building, maintaining, and running an IT team can come with compounding expenses. 

With co-managed IT services, companies will have an excellent opportunity to outsource their projects to a pool of reputed third-party IT experts who will be equipped with the tools and resources and will also be able to provide a multitude of IT services such as cloud migrations, implementing cybersecurity protocols, offering technical support, and much more.

Supplementation for Full-Time IT Staffing

Another amazing benefit of partnering with a co-managed IT service provider is that you can pick and choose the type of projects and services you wish to outsource while keeping the rest of the operations in-house.

What this does is maximize your operational efficiency with the MSP as well as reduce staffing costs for long-term IT experts.

This means that you won’t necessarily have to hire professional IT developers, software engineers, or support experts. Co-managed IT services can be especially vital for smaller companies or businesses that operate with a limited IT budget.

Optimized Compliance and Cutting-Edge Cybersecurity

As the IT landscape evolves giving birth to trending business technologies, there is an increasing need for stronger IT regulations and compliance factors that companies must comply with. For small businesses, ensuring that they are operating within the parameters of state cybersecurity and information security regulation is important and at times challenging.

This is where co-managed IT services come into play. Reputed MSP services such as Corporate Technologies provide 24/7 monitoring of IT infrastructure along with offering proactive and vigilant cybersecurity measures helping businesses steer clear of potential system threats and performance issues.

They can also provide round-the-clock security oversight, helping companies steer clear of expensive information breaches as well as eliminate the chances of the overwhelming risks associated with cyber threats.

Enhanced IT Resource Scalability

As you experience growth in your business operations or when you plan to expand your services, you will also need access to more optimized IT resources.

MSPs can offer tailor-made co-managed IT services with a streamlined focus on your network environment, enhancing the number of IT resources you require or minimizing the need for additional services based on your performance.

Co-Managed IT Services with Corporate Technologies

Co-managed IT services have become a critical aspect of business growth and performance. It is a game-changer when it comes to businesses vying for more productive, cost-effective, and efficient ways to maximize their IT operations and drive more innovation.

At Corporate Technologies, we offer a comprehensive array of industry and business-specific co-managed services in line with your specifications and needs.

To know more about how we do what we do or to schedule a free consultation, feel free to get in touch with one of our representatives.

See Also

Virtualization Vs. Cloud Computing

Tips to Defend Against Cyber Attacks

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