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3 Things to Know About IT Outsourcing for Your Business

Written by Cody Osborn | Oct 10, 2024 5:45:00 PM

 

The IT outsourcing industry hit a whopping $519 billion in 2023, marking a 22% jump since 2019. This growth shows that more companies are turning to specialized IT outsourcing services for their tech needs.

 

Looking to keep your business on the cutting edge? Outsourcing IT could be a smart move. We'll cover three key points you should know about the IT outsourcing world.

 

Related Post: 4 Benefits of Cloud Security Managed Services for Your Business

1. IT Outsourcing is Cost-effective

Companies often outsource IT to cut costs on their infrastructure. Outsourced IT firms can slash your operational expenses way more than an in-house team can. This happens because outsourcing drops a ton of overhead.

 

Take having an internal team: you'd need office space for them, cover their training, and spend time hiring. With an IT outsourcing company, that's all sorted out for you.

 

Outsourcing firms serve multiple businesses, giving them the budget to get the latest apps and tech affordably. Your costs go down because they've got the scale to make it cheaper. They also save you cash on software and hardware investments because they already have most of that stuff available.

 

Another perk? Outsourced IT makes your budget predictable.

 

An in-house team means you foot the bill for any mishaps, like a pricey ransomware recovery. But with an outsourced firm, those unexpected expenses aren't your problem.

2. Specialist Expertise

One big reason companies outsource IT is to tap into specialized expertise. The IT field is vast, and certain industries need unique software or hardware. Outsourcing gets you access to experts who can maximize these advanced technologies.

 

Training an internal IT team for complex tech can be costly. Outsourced firms, however, invest heavily in training, so their staff usually knows their way around industry tech.

 

External IT pros can also offer fresh solutions and perspectives on your tech issues. While internal teams are great for company culture, outsiders might see things differently, sparking new ways to tackle problems. These fresh ideas could be just what your business needs to grow and become more efficient.

3. Outsourcing Cybersecurity Expertise

It's crucial to nail IT risk management and legal compliance because slipping up on cybersecurity standards can hit your company hard, both financially and reputation-wise. To stay ahead of big threats, like the growing issue of ransomware, consider teaming up with outsourced IT pros. Cyber threats are always changing, and keeping up requires experts who are in the loop with the latest trends.

 

Outsourced IT firms, dealing with a variety of clients, often run into new cyber threats. They're likely to have ready-to-go plans to shield your business. An internal team might not have that kind of experience, leaving them less equipped to protect your company or react if things go wrong.

 

Plus, you've got to keep up with complex local laws and regs. Outsourced teams deal with this daily and know their stuff.

Now You Know What IT Outsourcing Can Do for You

If you're looking to cut IT support costs but still need expert help and cyber protection, IT outsourcing can be smart. Plus, an experienced managed IT services company can boost your small business's IT without compromising your security.

 

Want to upgrade your IT setup safely? Check out our services at EnvisionIT Solutions, and let's chat about how we can assist.