If your in-house IT team is overwhelmed, your proactive IT strategy is suffering, and you don’t have the budget to hire more people, then it may be time to consider outsourcing.
Businesses are choosing to opt for outsourced IT—while the IT outsourcing market size was valued at $530.15 billion in 2021, it’s expected to grow exponentially and reach around $1065.10 billion by 2030.
Find out why so many companies have decided to transition to outsourced IT and whether or not it’s a good move for your company.
What Is Outsourced IT?
Outsourced IT is when a business contracts an external provider to manage its IT needs and operations. Outsourcing services in general can include anything from software development to website management or customer service.
However, when it comes to IT outsourcing specifically, businesses typically outsource their network infrastructure, managed security services, software, data storage, or cybersecurity—essentially any component of your digital infrastructure that requires professional and expert oversight.
7 Signs It Might Be Time to Invest in Outsourced IT
If you find yourself experiencing any of the following seven scenarios, it may be time to start looking for an external IT provider.
1. Your In-House Team Spends Too Much Time Putting Out Fires
When your in-house team is constantly playing catch up, it takes away from their ability to work on proactive projects that could help improve your business. An IT team spread thin can lead to a cycle of reactive maintenance, which can be costly and inefficient.
2. Your Proactive IT Strategy Is Neglected
Ideally, your IT team should be devoting as much time as possible towards working on strategic initiatives that will help you reach your business goals. If they’re too bogged down with day-to-day operations, then it’s unlikely that they’ll have the bandwidth to take on such projects.
3. You Don’t Have the Bandwidth or Budget to Hire More in-House Members
When you need to scale your IT operations but don’t have the resources, it can be a real problem that severely limits the growth of your business. Outsourced IT providers offer a cost-effective solution for businesses looking to expand their capabilities without taking on additional employees.
4. You’re Missing Out on the Latest Technologies
If you find that your competitors are ahead of the curve when it comes to using the latest technologies, then outsourcing might be a good option for you. Outsourced IT providers can quickly get up to speed on new technologies—like machine learning and automation—and help you take advantage of them.
5. Your Cybersecurity Is Suffering
Today, cybersecurity presents a massive issue to business owners, and it’s only getting worse—the global annual cost of cyberattacks are predicted to hit $8 trillion in 2023, and is expected to grow to $10.5 trillion by 2025.
If your in-house team is struggling to keep up with the latest threats, then outsourcing may be your best bet to protect your business. External IT providers are experts on cybersecurity and can make sure that your data is secure.
6. You’re Lagging on Compliance
Staying compliant with industry standards is becoming increasingly complex and can be extremely costly if done improperly. Outsourced IT providers are well-versed in industry regulations and create compliance strategies that help your business meet all of the necessary requirements.
7. Your Business Is Rapidly Growing
If business is booming and you need to scale up, then outsourcing may be your best option. Outsourced IT providers can quickly ramp up your capabilities so that you can focus on growing your business instead of dealing with a constant stream of IT issues.
Expand Your IT Capabilities with Envision Consulting
With Envision Consulting, you can be sure that all aspects of your business are up-to-date with the latest technologies and industry standards. We strive to provide outstanding customer service and give you more time to focus on growing your business.
Schedule a comprehensive IT assessment with one of our dedicated experts today, and learn more about how we can help keep your operations running smoothly!