Managed Service Providers (MSPs) have proven beneficial for every industry, given their ability to take over the IT burden.
This is why they are highly demanded today, as organizations are increasingly focusing on their core business aspects.
In the process, they want someone to take over their information technology systems and drive the organization’s IT strategy.
Their immediate answer is ‘Managed IT Services’.
Manufacturing is an industry that has mission-critical systems, complex processes, and human-intensive tasks.
Manufacturers must focus on core competencies to be competitive in the market.
MSPs can significantly help them make predictable expenses, backed by strategic thinking while achieving enhanced productivity and efficiency.
Here are five ways how MSPs can be beneficial to the manufacturing industry:
1) Planned and Predictable Expenditure
IT implementation is closely linked to resources and planning. The costs of IT infrastructure Services vary with organization type and size. These costs are purely dependent on labor availability, training, and downtime.
Here is where MSPs can be helpful, as they know all the prerequisites required for successful IT implementation. Thus, they predict costs and help you plan your expenditure more carefully. Moreover, they guide you in strategic decision-making backed by predictability.
2) Technology Implementation
Any organization needs future-proof solutions to remain competitive. Technology plays a crucial role here. While the market presents multiple options, getting the right technology at the right time and being updated is vital for your IT team. Internal IT teams can do this but may not keep up with the pace of upgrades and technological advancements.
MSPs are always on this job and maintain a fine balance between technology leaps and gaining access to the latest updates. So, they can get you the right technology implementation and update you with the latest upgrades to meet the changing business demands.
3) Cybersecurity and Risk Management
The easiest way to facilitate a technology-friendly environment is to go ‘digital’. Digital platforms offer many opportunities around IoT, cloud, smart solutions, communication, and others. But the point to be noted is that the security risks come in parallel.
These technologies open an array of opportunities to explore data potential and, if not implemented properly, may also expose your data to potential thefts. Because of the high-value data in their records, manufacturing is one of the prime targets for cybercriminals.
For MSPs, cybersecurity is not an afterthought but part of their core principles. So, seek the help of an MSP to remain safe from such risks.
4) More Productivity and Reduced Downtime
Downtime is a serious issue for any industry, not least the manufacturing industry, which runs on mission-critical operations. A downtime on an oil rig can cost millions of dollars in losses, a downtime in glass manufacturing may cost USD 15,000 per hour, and more such manufacturing activities pose their own set of challenges arising out of downtime events.
While smart solutions like IoT present enormous opportunities to enhance productivity, lack of maintenance or leakage can also result in huge losses.
MSPs can address this concern because they are well-versed in troubleshooting, risk, and downtime management and can find all possible ways to enhance productivity.
5) Compliance and Quality
Compliance and Regulation are two significant hurdles for every industry. Every year, a few major industry players get held in some part of regulatory barriers for failing to meet the set regulations. This is growing into a much bigger problem as digital manufacturing takes the lead and industries move closer to customers for customized solutions.
MSPs will be of great help at that point, as they bring automation in compliance to measure, analyze, audit, capture, store, and transmit customer data more securely.
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MSPs – A Boost To Your Value Addition
An MSP partnership is nothing but handing over your organization’s key and critical IT responsibilities to an external service provider in a subscription-based model.
MSP will be responsible for your quality, performance, communication, and other metrics crucial for organizational growth during the signed contract period.
As a manufacturer, you will find the best opportunity in MSP partnership, as you can replace legacy infrastructure with advanced ones, implement digital drive-in initiatives, strengthen your IT capabilities, and more.
Moreover, MSPs’ effective planning and strategic decision-making change your IT posture and help you make a predictable investment.
Unlike the break-fix model, where you charge per requirement, MSPs stay with you longer, from detecting a problem to finding a permanent solution.
ALSO READ: 5 Keys to Selecting the Right Managed Services Provider for Your Company
MSPs help you in multiple ways, such as:
- Stay ahead in the competition
- Understand market trends
- Save costs
- Make informed decision-making
- Enhance IT posture
- Laydown IT roadmap
- Effective corporate strategy
- Technology implementation and updates
- Reduced time to market
- Boosting Productivity
- Operational efficiency
An MSP can offer many such business advantages, easing operations, driving productivity, and providing a competitive edge. Are you looking for one?
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