In years past, businesses had little choice when it came to managing their own internal IT operations. For many, the only feasible option was outsourcing. Today, with so many advancements in technology, the concept of outsourcing has shifted and more companies are bringing these services in-house. So, how can Managed Service Providers (MSP’s) compete and stay profitable? Simple. They must maximize efficiency while delivering the highest value proposition to their customers.
Do More with Less
The first step in staying successful as an Managed Service Provider is finding a way to get the most out of their employees while also keeping expenditure down. While hiring more staff may seem like the logical step to staying on top of tasks and delivering exceptional service, doing so would be too cost prohibitive for most firms.
As an alternative, Managed Service Providers can turn to technology and leverage the various tools available to them to help boost productivity without the need to bring on additional employees. IT process automation is an excellent solution to this dilemma, as it can alleviate many of the day to day tasks. Not only does this allow firms to keep staffing lean, but it also frees up those who would normally handle those repetitive workflows to focus on other key business initiatives.
By automating activities such as incident management, the program itself can handle much of the process without the need for human intervention. This improves response time and efficiency levels, which ultimately enhances SLA to the clients.
Make an Offer They Can’t Refuse
One of the reasons MSPs are in a risky industry is because tech advancements, such as cloud hosting, have made managing operations in-house easier and more affordable. To counteract this, MSPs must make what they have to offer too valuable to refuse. Beyond just taking on the task of handling operations for a company in real-time, these firms must remain one step ahead. This means taking a proactive approach and identifying issues before they occur.
Again, the best tool for this task is automation. By leveraging a robust IT automation product that can be integrated with other existing systems, things like alert management can be streamlined to maximum efficiency. This reduces human error and allows problems to be corrected at a much faster rate. When an Managed Service Provider can demonstrate to a company that is considering hosting IT in-house that their services are much more valuable, they’ve won the battle for survival.
eyeShare for Managed Service Providers
To stay afloat in an increasingly volatile, highly competitive environment and disprove the impending “outsourcing is dead” theory, Managed Service Providers must continue to adapt. Performance will need to be at its highest with cost at its lowest. The only logical solution to this is IT process automation. This will provide the edge needed to remain ahead of the pack in the months and years to come.