How do successful companies reduce costs and optimize performance with today’s ever-changing technology? By capitalizing on the many types of managed services, of course!

Substantial Benefits with Managed Services

You’ve probably heard that the cloud amounts to limitless storage capacity. It’s true. But that’s just one good reason why tech analyst Daniel Newman predicted that “investing in cloud technology will mean substantial benefits in 2017.”

Yes, you read that right. Substantial benefits in 2017. This year. Now. And one of the most substantial benefits for most companies is the cost savings from IT managed services.

According to Affirm Oilfield Services’ IT manager, Affirm experienced two types of cost savings when they migrated to the cloud — tangible and intangible.

  • Tangible savings, such as hardware, network equipment, lifecycles, firmware, software
  • Intangible savings — time and effort

Your business can benefit from these savings too — if you choose the right MSP offering the right types of managed services.

Choosing the right MSP shouldn't be as difficult as finding a needle in the haystack.

Choosing the right MSP shouldn’t be as difficult as finding a needle in the haystack.

Needle in a Haystack — Finding the Best MSP

If you haven’t changed over to the cloud yet, you may have a few MSPs courting you now and then. They all offer you something of value. Each offer is tempting in its own way, which makes it hard to pinpoint one best service provider. But take your time to shop around.

To help you make an informed decision, here is some insight. There are certain things you need in an MSP to get optimal support. Like the five types of managed services outlined below.

25 Key Managed Services For Cost Reduction, Better Performance and Innovation

5 Types of Managed Services to Benefit Your Business

1. Cloud Bursting

When you need more computing resources, applications in a private cloud or data center kick in. You may need more data storage space. You can gain scalable resources when you need more. In other words, you can get more data storage on demand. Noteworthy is that you just pay for the storage you use, month by month.

2. Backup and Disaster Recovery

It’s highly recommended you have a backup plan. Cloud management can provide this. In the cloud, duplicates of all your documents will automatically be generated. Economic loss following natural disasters can be staggering — in 2016, 315 natural catastrophic events generated economic losses of $210 billion. We can’t prevent natural disasters, but we can mitigate the damage to our operations.

3. Cloud Sourcing

You can replace traditional IT operations. Even get an MSP to hold your hand and guide you through every step of the transition. You want an MSP with bonafide cloud experts, so they can manage your services competently. This will leave you time to watch your financial and operational efficiency increase.

4. Managed Billing

This service allows visibility. In other words, you can see exactly what you pay for.
A good billing management service takes care of your budgeting, tracking, invoicing, and payments. These processes become as smooth as warm caramel.

Managed billing is a valuable service to look for in a potential MSP.

Managed billing is a valuable service to look for in a potential MSP.

5. SLA and Contract Negotiation

Service Level Agreements (SLAs) are widely used by cloud computing service providers. They are complex documents that describe the terms and conditions under which the service provider will provide services to the client. And they take time and energy to navigate. An MSP with this service option will negotiate SLAs, contracts, and any other aspects of vendor relationships.

20 More Types of Managed Services

This set of five key types of managed services is only a start. There’s more that you should look for when choosing your cloud MSP. Problem is, you have to go on what amounts to a treasure hunt to find that information.

We’ll help you avoid all that rigmarole. After all, you just want to find the MSP that will deliver the right types of managed services for your business! We’ve put together an eBook with an additional 20 types of managed services. Together with the five outlined here, that’s a total of 25 key services for you to consider.

Capitalizing on the cloud is a smart move, but it depends on who you partner with. When shopping for your MSP, keep in mind that you want the most substantial benefits possible. In other words, you want big cost savings from the types of managed services you’re paying for.

Download our FREE eBook to discover 25 Key Managed Services For Cost Reduction, Better Performance, and Innovation.

25 Key Managed Services For Cost Reduction, Better Performance and Innovation

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