6 managed services stats every business owner should know
If you’re old enough, you may remember a game show called “Let’s Make a Deal.” The show allowed audience members to “make deals” for prizes . . . and sometimes for things that were more or less worthless.
Here’s a classic (and often debated) example.
The contestant is allowed to pick one of three doors. There’s a car behind one and a goat behind each of the other two. The contestant picks the first door. The host then reveals what’s behind the third door—a goat. Now the contestant can stick with her first choice, or switch doors.
What should she do? Statistically speaking, she should switch doors.
As an article in The Atlantic explains, “A contestant who selects either of the two doors with a goat behind it and then switches will always get the car.” Switching raises your chances from 1-in-3 to 2-in-3.
Don’t pick the goat.
That’s an extreme example of the power of statistics. Knowing the numbers can make a powerful difference. When you understand the truth represented by relevant stats, it can change the choices you make.
No one wants the goat. We all want the car. This post is all about avoiding the goat.
The scoop on managed services stats.
The stats below are the real deal. They paint a vivid picture of the value of managed services. For the most part, they speak for themselves, which is why we’ve kept our comments to a minimum.
This is some of the most important information you’ll come across about working with a managed services provider.
1. 55% of SMB owners believe the tech tools their organizations use right now actually get in the way.
Over half of all small business owners don’t know what to do with their own tech tools. That makes sense. Technology isn’t their area of expertise. But it also points to the advantage of getting an expert opinion.
2. 32% of business leaders cite a lack of knowledge as their biggest challenge when it comes to utilizing the cloud.
The cloud can be particularly confusing. It’s powerful and convenient and chock-full of options. Basically, there’s so much to choose from, it’s difficult to make the best choice. Unless you have the experience to know what works.
3. The managed services market will be worth more than $200 billion by 2019.
Managed services is a booming field. A growing number of companies are seeing the value of outsourcing their IT solutions. It frees internal staff to focus on growth without sacrificing functionality.
4. 43% of cyber attacks target small business.
That’s right. Almost half of all cyber attacks. If you’re a small business owner, you’re wise to beef up your cybersecurity. A managed services provider can be invaluable there.
5. 59% of IT services are addressed under a managed services model instead of the older break-fix model.
The break-fix model is out. Why wait until your network is down (and you’re losing money) to address issues? A proactive, managed services approach makes a lot more sense.
6. On average, 6.9% of a small business’s revenue goes toward IT.
That’s a huge chunk of your revenue. There’s absolutely no reason to gamble with that money. Instead, why not call in the help of the pros? A managed services provider can help ensure every dollar is well spent.
The TFE way
Here at TFE, we’re serious about helping our clients make the most of their IT solutions. When you partner with us for managed services, you can rest assured you’re getting your money’s worth – and then some.
We’re down to earth, authentic, and genuinely invested in finding the solutions that work for you. If that sounds like the kind of IT support you’d enjoy, please give us a call. We’ll be happy to explore what we can do to help your business.