As industry experts, we’re excited to dive deeper into the incredible rise of managed services and why it’s become a game-changer for businesses of all sizes. Managed services have evolved into the most effective delivery model for a broad spectrum of services, leading to a surge in adoption. According to recent studies, most companies are gearing up to significantly increase their investments in managed services over the next two years. The question is, why are they so eager, and what’s driving this shift?
Operational and Financial Rewards
One of the most compelling reasons behind this surge is the substantial operational and financial rewards that organizations are reaping. It’s not just hearsay; nearly 9 in 10 executives agree. In fact, 75% of respondents confirm that managed services have already brought them significant benefits. They have seen improvements in efficiency, cost reduction, and the ability to focus on their core competencies. This success has led to a projected increase in investment by significant margins.
Boosting Profits at Scale
An astounding 97% of organizations anticipate that using managed services at scale will boost their profits. This isn’t just an internal belief; it’s a calculated projection based on real-world results. Managed services are not just a cost-saving measure; they are a catalyst for business growth.
Employee and Customer Satisfaction
While it’s no surprise that improved efficiency leads to increased employee satisfaction, it’s encouraging to see that nearly three-quarters of respondents expect to witness this positive change firsthand. Which leads to happier employees that are not only more productive but also create an environment that attracts and retains top talent. Furthermore, improved customer satisfaction is equally vital as it directly impacts brand loyalty and, subsequently, revenue growth.
The Wide Range of Application
Managed services are not limited to a single industry or a handful of services; they have already made significant inroads into knowledge-intensive activities. Over 40% of organizations are already utilizing managed services for more than half of their activities in IT, cybersecurity, risk management, compliance, and business performance.
Top Goals: Cost Savings, Innovation, and Speed
Why are businesses so eager to embrace managed services? The answer is clear: they are driven by a pursuit of cost savings, innovation, and speed. By outsourcing non-core functions to experts in the field, companies can reduce operational costs, access cutting-edge technology and expertise, and expedite their time-to-market. It’s a strategic approach that has proven to be a game-changer.
The Future is Bright
In conclusion, the future is bright for managed services. As businesses continue to evolve and adapt in the ever-changing landscape, the transformative power of managed services cannot be ignored. If your organization hasn’t already embraced this trend, now is the perfect time to explore how managed services can enhance your operations, foster innovation, and accelerate your journey to success.
Ready to discuss how managed services can benefit your organization? Let’s connect and explore the opportunities together. The future is waiting to be unlocked, and managed services can be the key.