How Managed Network Services Gives Tech Leaders the Space to Think Strategically

Not long ago IT leaders’ top priorities included managing in-house technology. Today, CIOs and tech leads must secure and manage technology and deliver strategic initiatives that enable company growth.

In fact, 68% of CIOs say creating new revenue-generating initiatives is part of their responsibilities…and 72% of line of their business counterparts agree.

That’s not all. In addition to the evolution of their role, IT leaders face flat or shrinking budgets, challenging them to do more with less.

What’s a forward-thinking IT leader to do? More and more companies are moving to Managed Network Services to lighten the load, creating more space for strategic initiatives.

Organizations find that managed services help increase peace of mind, reduce costs and improve operational efficiencies, making room for more strategic initiatives. It makes so much sense that more than 60% of organizations are expected to rely on managed service providers (MSPs) by 2025.

Increasing peace of mind with Managed Network Services

With the rapid advancement of business technology and the evolving threat of cyberattacks, the pressure to keep enterprise networks secure and high performing is critical.

Outsourcing network management to an MSP takes that burden off the shoulders of tech leaders. This gives leaders space to think about what’s next for their organization while ensuring that their network is protected and performing optimally with the help of a trusted provider.

Reducing costs with Managed Network Services

The reality is nearly half of organizations (46%) that switch to enterprise-managed network services reduce their annual IT spend a minimum of 25%. That’s because Managed Network Services help:

• Shift operating costs to fixed expenses, increasing predictability for better management
• Decrease the need for physical hardware onsite
• Eliminate ongoing labor and maintenance costs
• Reduce or eliminate spending on technology upgrades and training

This level of cost savings means IT leaders have more room in the budget for strategic initiatives. But there’s another factor that also contributes to getting these initiatives off the ground: time.

Improving efficiencies with Managed Network Services

In the business world, we gain time through operational efficiencies.

Because Managed Network Services are maintained by the MSP, that means organizations have an external partner monitoring and managing their network around the clock to prevent or troubleshoot performance issues—and even catch issues that organizations might not identify on their own.

For example, organizations said their IT teams couldn’t identify over 60% of network brownouts because their alarm systems weren’t programmed to detect these types of interruptions. But 83% of those same organizations said these brownouts caused serious network damage, 70% said employee productivity was their biggest loss, and it turns out brownouts cost organizations an average of $600,000 annually.

Managed Network Services takes that responsibility off the internal IT team, giving them more time to engage in planning and deploying strategic initiatives that deliver more business impact. Basically, it’s a win-win.

As more and more enterprises lean on technology for better productivity, new business models, even industry disruption, tech leaders can look to Managed Network Services to get the time and budget they need to deliver more organizational value.