A Managed IT Service Provider (MSP) manages your information technology (IT) ecosystem with monitoring, software, hardware, security, and end-to-end support. MSPs give law firms and small businesses access to high-quality IT systems, talent, and processes so they can compete with larger competitors without the expense of an in-house IT manager. But not all MSPs are created the same. What should you look for in an MSP? Find out!
Every 39 seconds, a hacker tries to steal data from a business. 43% of those attacks are aimed at SMBs. When they succeed, 60% of small businesses close within 6 months. Information technology (IT) is the shield that protects small-to-medium sized businesses from collapsing under the pressure of cybersecurity threats. But maintaining your IT architecture isn’t easy and it’s definitely not cheap.
Server maintenance, system upgrades, security monitoring, and hardware costs add up fast. In fact, small businesses spend a larger chunk of their budget (approx. 6.9%) than enterprises (approx. 3.2%) on IT. Arguably, small businesses require a more robust IT framework than large organizations, since they can’t bear the cost of a breach.
Many small businesses outsource their IT to a third-party Managed IT Service Provider to save time, money, and headaches. Let’s take a closer look at the benefits.