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Benefits-Save Money: While companies that outsource IT services enjoy many benefits, saving money is one of the most compelling reasons for doing so. Outsourcing helps control capital outlay, especially in the early years of operations. IT services make up fixed costs for companies that do not outsource. Businesses that choose to outsource IT, whether offshore or through a local contractor, convert those fixed expenses to variable ones, freeing up capital for use in other areas. This makes the business more appealing to investors, since the company has more capital to funnel into areas of operations that directly produce revenues.
Benefit-Control Expenses: Businesses that choose to perform every aspect of operations internally must pass on the expenses associated with these activities to customers. Outsourcing IT services to a company that specializes in business networks and support alleviates some of this expense, giving the business a competitive edge in regard to pricing of goods and services.
Benefit-Focus on Core Operations: Outsourcing IT services allows business managers to concentrate on core goals and objectives. Some managers may have to split their energies between activities that engage prospective customers and concerns with operations outside of the core business objectives. Outsourcing alleviates this necessity, and the business managers can focus their energies where their competencies lie.
Benefit-IT Resources Near Those of Big Businesses: Many small businesses do not have the budget or resources necessary to implement the IT systems and services they need in-house. Large businesses have the resources to maintain cutting edge systems and services themselves. Outsourcing IT systems and services creates a more equitable playing field between small firms and large enterprises.
It is no news that a lot of small and medium businesses do not have a proper IT department. Hackers are also aware of this bit of information and have become particularly interested in the cyberspace of small and medium businesses, and a majority of the owners and managers of these organizations do not understand the extent of the imminent threat.
Recent cyber attack trends on small and medium businesses
Cyber attacks are expensive: Although this has been implied from subsequently established trends, it is important to specify how much cyberattacks cost small and medium-sized businesses particularly. Research has established that about 20% of small businesses that have experienced cyber attacks were crippled and had to stop their operations. Research has also established that in over 90% of cases where a ransom was demanded from the business, the ransom was at least $10,000. There are more scary trends as regards cybersecurity as applies to small and medium-sized organizations. These four basically give the idea: hackers see a goldmine in small and medium-sized organizations, and owners, as well as managers of these businesses, should establish measures to check these tendencies of hackers and protect the interest of their businesses.