Managed service providers are in a unique position in the modern marketplace, bringing what seems to be the secret ingredient of large-scale IT management solutions to companies struggling to keep up with online operations, particularly when it comes to data. The IT environment has expanded rapidly in the past year due to increased rates of remote work and digital communication. Companies are desperate to get a handle on any outstanding big data problems before the pace of cloud transitioning leaves existing models in the dust. MSPs can tackle those analytics in a cost-effective manner so clients can concentrate on driving their business.
Per capita, there are few options for these companies other than MSPs in terms of efficiency and effectiveness. Operational data has a fluid nature; a substantial enough uptick of digital information in a single moment or a simple translation error could endanger the safety of an entire company’s metrics. IBM reports that growing data generation rates have created a situation where the vast majority, around 90%, of current data is two years old or younger.
Curation of outdated sources ends up being a sore spot for many companies seeking unification of old and new data-storing methodology. Expenses pile up quickly, even without the anchor of physical storage, and the savings afforded by MSPs handling the nitty gritty of de-duplication of data and other issues more than makes up for the consultation fees.
Providers consolidate complex IT systems into a unified, holistic mega-hub for internal use. The perfected model is then integrated for all clients, ensuring continuity and strong performance across all services. The optimization of data centers is a trademark MSP offering. Hybrid business models are in dire need of uniform data system practices to prevent confusion and any possible redundancy among formats.
Dresner Advisory Services found that 60% of companies would pick a single analytical data infrastructure platform if given the choice. Most of those surveyed said that the platform would ideally exist in the cloud. Cloud-based storage and the rise of AI systems go hand-in-hand. AI applications require copious amounts of data to simulate the operations of a specific business model. Though the shift to AI tech is in its early stages, the solutions it creates are invaluable to digital businesses grappling with big data headaches.
In-house IT team funding will be difficult to justify going forward. MSPs that aim to revamp companies with cloud service solutions for data gravity are primed to lead industries to new heights, and the service provision market into its zenith.