Managed-services-header

Pros And Cons Of Managed Services

Have you thought about the pros and cons of managed services? Is it right for your company?

Internet technology and security are paramount to the success of any business. From retail to IT-specific companies, an in-depth understanding of everything from HTML to computer programs is a must. Yet, IT capabilities and security are changing all the time. Many business owners are finding that they’re better off outsourcing services like computer programming and security rather than trying to keep up in-house.

A failure to adequately stay updated on all things IT leaves companies at risk of both security breaches and a lack of relevance. Malware and loss of data are events companies can’t afford to face. You can protect your business with a reliable outsourced managed security service provider (MSSP).

Of course, letting go of any aspect of a business can be tricky.There are pros and cons to managed services. Let’s review some of them so you can make the best decision for your business needs.

PROS of Managed Services

Many companies are currently using outsourced MSSP providers and there are plenty of significant plus-points including:

Significant savings

Many businesses significantly underestimate their budget for properly managing IT and security.  Hiring skilled IT specialists in-house is expensive. Plus, the work of such professionals doesn’t always lead directly to profits. You also need to consider in-house IT expenses updating technologies, malware detection equipment, and new programs.

Employers and software are just two reasons why outsourcing can save you significant money. For cybersecurity alone, outsourcing can save you upwards of 80% of the cost of doing it in-house. The majority of MSPs also have easy access to the latest technologies at no added cost to you. All you’d need to do is pay a set monthly fee and enjoy the benefits.

Wide-ranging expertise

In-house IT teams may have limited expertise and also require ongoing training and education to stay on top of emerging cyber attack threats and compliance laws.  This is not something you’d need to worry about when outsourcing your cyber security.

Outsourced MSPs typically hire an extensive array of professionals to meet every need. Ongoing and training and education is always happening because that is what they are in business to provide. Outsourced providers can afford a much fuller range of expertise, no matter what happens in your IT operations.

Immediate implementation

Speed is crucial when it comes to cybersecurity. The installation of new programs or technologies can take weeks when you tackle them in-house. At the very least, saving up for the latest programs could take time. Implementation requires training and updates can lead to downtime and security weaknesses.

By comparison, an MSP can implement new procedures and programs immediately. Outsourced services are already trained and up to speed with the tools and techniques they use. They focus on this alone rather than trying to fit it in with every other task during the working day. As simple as that, you can cut wait times for new technologies in half.

We’ll help explain the services we offer and how they can be customized to your exact needs.

Keep reading article below…

mdr_guide

 

CONS of Managed Services

Many companies do find that there are some cons to using an MSP, including:

The loss of a dedicated IT team

Your dedicated IT team knows the nuances and priorities of your particular business. An outsourced managed service will never know your business as well as you and your employees do. However, since cyber security is so important and ever-changing, your in-house team might not have the resources to solely dedicate all their time to it. If you decided to go with a managed service, be sure to hire a company who is interested in working with your existing IT team. They will act as an extension of your team, not a replacement of them.

Potential limitations

When you manage your own IT, your team is always aware of new challenges and services you are adding, such as overseas online business. However, a good managed service will maintain regular communication with you and stay informed of any changes and updates to your business. If they don’t have the resources to handle a new service they should let you know and work with you to cover your needs. Good communication is vital to any working relationship.

Lack of flexibility

Will the managed service that you choose be flexible in working within the parameters of your IT procedures and technologies?  Typically, an in-house IT team will test out a few different programs and options before choosing one. Is your managed service willing to try new things or work with your IT team to test different things? Or are they so rigid that they will only do things their way?  

This goes back to how well your managed service team will work with your in-house team to provide a comprehensive security solution. These are questions worth asking each managed service provider you are considering.

So, what’s the best option?

After seeing both the pros and cons of outsourcing, it is apparent that thoroughly researching companies and asking a lot of questions is important. You want the best communication and smooth working relationship possible. If you do your best to find an MSP which operates within your needs and priorities, then you may find that you can enjoy the benefits without once having to worry about the cons.

BitLyft aims to provide you with a simple no-nonsense solution to keep your business safe from online threats. If you’d like to learn more, don’t hesitate to get in touch with us today to speak to one of our friendly representatives.  

New call-to-action

More Reading

SIEM as a Service

What is SIEM-as-a-Service? (A Guide To Managed SIEM Service)

In today’s changing technological and economic landscapes, cybersecurity has never been more important. But how do you keep your organization’s information secure while maintaining compliance? SIEM-as-a-Service might be the answer. …

What is SIEM-as-a-Service? (A Guide To Managed SIEM Service) Read More »

SIEM-as-a-Service vs. SIEM On-Prem: Pros & Cons

Security Information Event Management, or SIEM-as-a-Service, technology is a crucial part of any organization’s cybersecurity strategy. But should you install your SIEM tools on-prem? Or should you rely on a …

SIEM-as-a-Service vs. SIEM On-Prem: Pros & Cons Read More »

Managed SIEM Service: Do I Get My Data?

SIEM tools can be a crucial part of securing your organization’s network. And a managed SIEM service can be an efficient and affordable way to utilize SIEM security. But here’s …

Managed SIEM Service: Do I Get My Data? Read More »

Managed SIEM Services

How Mature Is Your Managed SIEM Service?

Here’s a little trick to help you determine whether your managed SIEM is a mature solution: ask your service provider what the ‘M’ in SIEM stands for. What you may …

How Mature Is Your Managed SIEM Service? Read More »

About the Author

Jason Miller

Jason Miller

Jason is a Chief Executive Officer of BitLyft Cyber Security. He has spent the last 19 years of his career focusing on network, system administration, and cloud technologies. He is passionate about helping businesses embrace the next generation of technology including cloud adoption and high performance scaling software.
Scroll to Top