5 Very Real Ways That Businesses Save Money
When companies are trying to keep costs low or just starting out, they’ll try to do as many things as they can themselves.
They may bring in their own coffee each day rather than using a coffee service or instead of using a janitorial service, they’ll clean up and empty trash themselves each day.
For some things, a DIY approach may make sense, but for others it can actually cost businesses more. One of these is taking care of your technology.
Technology has becoming a living and breathing part of a company’s infrastructure. What happens when the internet goes down or a server crashes? Business comes to a standstill.
Chicagoland businesses that are trying to save money on their tech needs, can do it by using managed IT services rather than trying to handle their tech themselves.
Why is this?
It’s because the all the costs involved with handling technology yourself can often end up being higher than a monthly managed services fee.
The average cost of each unmanaged business computer is $5,000 per year.
The types of costs that come from taking a DIY IT approach include:
- Lost productivity
- Downtime costs
- Hardware repair costs
- Data breach or malware costs
How Can IT Save My Business Money?
Most people wouldn’t think of trying to do their own electrical work because they know things could go horribly wrong if they made a mistake.
Technology can be the same way because your entire business is depending on it. If something goes wrong, it can mean costly consequences. On the other hand, if it’s optimized to support your company goals, you can end up way ahead of your competition.
Here are some very real ways that companies are saving money every day by using a managed IT services plan.
Optimize Your Use of Tech
When you work with a managed IT professional, you gain the benefit of all their experience working with other businesses. Using their body of knowledge, they can introduce you to improvements in your digital workflows that have benefited other companies in your industry.
About 80% of small businesses in the U.S. aren’t taking full advantage of their digital tools. Here’s what happens when they do:
- They earn 2x as much revenue per each employee
- They see revenue growth nearly 4x as much as the prior year
- They are 3x as likely to be creating new jobs as the year before
Protect Your Company from Incidents
Cybersecurity is more than just having an antivirus software on your computers. Hackers are continually attacking business networks looking for ways to get in on multiple fronts.
Last year, over 50% of small businesses suffered cybersecurity incidents.
Trying to keep up with endpoint management, network security, cloud security, password management, patches and updates, etc. can be a full-time job if you try to do it yourself.
By outsourcing your IT and cybersecurity, you can rest easy and avoid costly ransomware infections and data privacy compliance violations. Managed IT pros continuously monitor your network for any threats and use multiple proactive IT security tools.
Some of the tools that we use to keep your business protected are:
- Firewall
- Patch/update management
- Password security
- Antivirus/antispam
- DNS & web security
- Threat hunting & analytics
- User cybersecurity training
Improved Equipment Lifespan
Hardware can be costly to replace. A standard business-grade computer can be well over $1,000, so you don’t want to have to replace one before you absolutely need to.
By having your devices maintained regularly, their lifespan is increased, meaning a better return on investment for your hardware purchases. You can also avoid unexpected hard drive crashes that can happen when equipment goes unserviced for years.
Mitigate Costly Downtime
Downtime can mean your accounting system is out of commission for half a day or a major equipment crash that has your entire office down for days. Whatever the length of time, each minute your technology is down is costing you money.
Businesses can end up with costs of over $10,000 per hour due to downtime. All it takes is one incident to seriously impact your company’s health and well-being.
Some of the ways that Middleground Technologies helps our customers mitigate downtime are:
- Proactive management and monitoring
- 24/7 Tech support
- Ultra-experienced staff
- Fast response times (average of 9.3 minutes)
- Fast issue resolution (average of 12.3 minutes)
Improve Team Productivity
If your employees are spending an average of just 20 minutes a day struggling with IT issues on their own, a team of 25 employees would mean a loss of over 41 hours per week. That’s enough to hire another full-time employee.
Working with a managed IT services provider means that your team has the tech support they need when they need it. We can provide fast onsite or remote support to help your team get over technology road bumps and back to the task at hand.
Improve Your Business & Lower Costs
Our goal at Middleground Technologies is to take the stress of technology off your plate and take your IT to new levels. Experience the savings and benefits for yourself!
Contact us today to sign up or learn more! Call 312-637-3377 or reach out online.
