MSP Evaluation Guidelines For SMBs
Many small and mid-sized businesses waste valuable time and money interviewing multiple Managed Services Providers (MSP) without a strategy or budget in place. This puts way too much faith in the hope of formulating a plan after reviewing 5-10 different proposals from organisations not likely to be in the same service class. National IT providers are different from regional providers, local boutiques, and “one-man bands.” With this in mind, the following considerations will empower you to be more intentional in your search and help you spend more time getting to know fewer, but more viable candidates.
Budgeting
Although there is no such thing as a perfect formula to determine how much you should invest in IT systems, Gartner Group Benchmark Analytics provides a real-world recap of spending across all major industry categories. Updated annually, they track IT spending as a percentage of revenue, and they arrive at a cross-industry average of 3%.
Before you question whether 3% of annual sales is the right reference point for you, keep in mind the right IT investment varies by a host of factors including, but not limited to operating mentality, maturity of the business, IT staffing levels, categories of equipment, subscription services, as well as hardware and risk tolerance. As you might have guessed, they conclude that under-spending on IT can adversely affect productivity, efficiency and customer relations.
The MSP industry
Fixed-fee MSP services for small and mid-sized businesses are relatively new -- gaining popularity over the last 10-12 years -- and the barriers to entry are extremely low, creating wild swings in business outcomes for end-users.
Best in class MSPs charge a set fee per person per month. This general “all in seat price” includes a bundle of security services, vendor management, support for line of business apps, phone systems, carrier services, user help-desk and network support; so it’s much broader than headcount. It’s also much more than reactive, user support. Eighty-five percent of what a good MSP does is “behind the scenes” administration, strategy, documentation, backup, monitoring, troubleshooting, maintenance and enforcement of cyber security policies and best practices.
When these dynamic pieces work in unison, your systems are quieter, your users need less assistance, your business risk is lower and your entire company is in much better stead to excel in its core competencies. When MSPs make dramatic pricing concessions and undercharge, it’s almost impossible to deliver and operate in a profitable manner, which means their clients suffer, too.
Comparing the options
A common tactic for offering upfront pricing concessions in a fixed-fee managed services proposal is either scaling back the deliverable or including all potential deliverable and hoping the client will not request coverage for the services that are more difficult to deliver. Vendor management, network management, user training, vCIO consulting, business continuity planning and portable documentation are notoriously under-delivered.
Another tactic is quoting a low-ball, monthly budgeted amount, then using a metered billing rate for remote and onsite support. For instance, some companies charge as much as R1000 per hour-billable in quarter-hour increments for remote support, and R1500 per hour-billable in quarter-hour increments for onsite support. This is a reactive approach that quickly absorbs the low-ball budgeted amount and can rapidly escalate into unpredictable price swings and monthly accounting headaches. Forget about creating and sticking to budgets with this type of contract. It also puts clients in an uncomfortable position; thinking twice about calling their IT services provider because every ticket is “pay to play,” so they develop a habit of self-resolving, which not only affects operating agility but can also mask deep-seated issues within IT infrastructure.
The last, most popular tactic is top loading your MSP with Level 1 engineers and claiming you have a coverage advantage over MSPs that may have fewer engineers but only employ Level 2, Level 3 and Level 4 resources. The former are less expensive to keep on the payroll. They are also less efficient than the latter -- higher level engineers who may cost the MSP more to employ, but justify the investment by being the first to know when there is an issue, quickly resolving problems under pressure, and proactively preventing further complications in the future.
The team at Multi IT & Telephony Solutions is always glad to be a resource when it comes to formulating IT strategies and budgets. We look forward to lending a hand. Contact us for a MSP solution that will truly benefit your business.
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How VR helps with business growth
Most people tend to think that the concept of VR (virtual reality) has a place with The Jetsons family, but not so much at the office -- think again. Recently, more and more businesses are exploring ways they can mesh VR with daily business operations to possibly help benefit customer service and even employee satisfaction. Take your business to the next level by embracing three dimensions instead of two. Here’s why:
Create your own virtual product prototypes
With the help of virtual reality, you’ll no longer have to rely on manufacturing when you want to see what your product physically looks like and how it might work. These virtual products allow you to make any changes before going through with production. According to Abi Mandelbaum, CEO and co-founder of YouVisit, “Model creation in VR, for example, can save companies time and money, as these types of models or prototypes allow viewers to examine a product and make changes without the time or expense of building a physical model.”
Virtual designs for engineers
Especially beneficial for engineers, architects and other professionals that work with building or engineering large structures, virtual reality helps save both time and money. As an alternative to small models or 2D renderings, VR offers a more immersive experience that helps design and replicate structures.
Virtual tours
Let’s say that you’re a real estate agent showing houses to potential buyers. Your buyers might be in a different state or simply don’t want to spend time going from house-to-house. Virtual reality allows customers to see what the home looks likes in a three-dimensional setting without them having to actually be there.
Showing all the angles of a product
In order to entice buyers into making a purchase, they must first get an idea as to what it’s actually like, and they need to see as many angles as possible -- especially for products that customers don’t get to physically touch. With virtual reality, customers are given a better idea of what your product is like. Abi Mandelbaum says that “Virtual reality can allow current and potential customers to explore a product before they commit to making a purchase. Furthermore, VR completely immerses customers, helping place a product directly into their (virtual) hands or empowering viewers to see a product in action.”
Take customers on an adventure
If you are in any tourism or adventure-based business, you can use virtual reality to give customers a taste of what to expect from the attractions. Imagine that you have an amusement park and want to attract customers’ attention. You can opt to offer a short VR replication of one of your rides so people can see whether or not they’d like it. Or if you own a resort or campground, you’ll also be able to create reality versions of whatever activities you offer.
VR has the potential to take your small- and medium-sized business to the next level if done properly of course. If you have any questions about how you can mesh virtual reality with your company, don’t hesitate to contact us. We’ll be more than happy to assist with your queries. For more information on other technology offerings visit Multi IT & Telephony Solutions to find out more.
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Customising search results for your brand
For businesses of any size, getting on the first page of Google search results is important to drive traffic to the website. Although most search engine optimises will focus more on getting organic results, the limitation of this approach is that it only reaches users looking for a particular service and not your specific brand. For those looking for tips on how to advertise services as well as brand identity, we have a few tricks. These tips will help you in customising search results for your brand.
Customising search results
One of the ways you can improve your branded search visibility is by ensuring your brand name is mentioned multiple times throughout your site. Make sure to link the brand name to the homepage of your website, include the brand name in descriptions of the company, and add meta descriptions to the site.
Because Google’s site indexing service is completely automated, just about anyone should be listed in the results. The goal isn’t getting listed, it’s getting listed first. Little things like placing your sitemap in an easy-to-find location, including descriptive titles, and always filling out meta descriptions to increase the chances of your brand links appearing on the search pages.
The role of Social Media
Social media may technically be a different story, but it works hand-in-hand in today’s search engine optimisation efforts. These pages are very likely to be listed when customers are making ‘brand’ searches. Make sure you maintain profiles at every “big” social media site, and add as much information as you can concerning your brand identity. Because the ultimate goal is to drive traffic to your site, link to your website in every field that allows it.
Your reviews are very important
Lastly, Google business reviews are more important in getting branded search results than most people realise. Claim your business on Google My Business and frequently encourage your top customers to leave positive reviews concerning your brand. The more positive reviews your website has, the higher your site will appear in the rankings.
All things Google and Web
SEO is important for business, but so is creating a brand identity. An intersection of these goals may seem difficult, but not impossible. For more information on SEO, customising search results for your brand and anything related to your Google search rankings, contact Multi IT & Telephony Solutions today. Having a website in today's digital world is critical for business success, talk to us about getting your you business online if you need a website.
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Why you should consider HaaS
Starting a business is a big step for entrepreneurs in the IT industry. However, this comes with a myriad of challenges, most of which relate to capital and resources. Among them is the availability of proper equipment. The equipment used in a company determines how smoothly the business will run and must be up to date to ensure success. Because acquiring the proper equipment is expensive, companies often resort to what is called ‘Hardware-as-a-Service’ (HaaS). It’s important to consider all of the advantages of this solution before making a decision, and we’ve compiled such a list here.
Upfront Capital
The main benefit of HaaS is that it enables businesses to conserve on upfront capital expenditures. By replacing these high costs with a lease structure and low monthly payments, resources can be redirected toward other budget items. As a result, the business will have more resources that it could have otherwise used to purchase the computers.
More modern hardware
For businesses with outdated equipment, HaaS is an easy workaround for them to upgrade their IT hardware. A service provider can supply the latest equipment at a lower monthly cost, and when their client’s machines age, upgrades can be provided without fear of incurring additional costs. By choosing this route, SMBs won't have to deal with disposing their old equipment. The service provider will take full responsibility for that.
Taxes and accounting
When it comes to tax payments, businesses that opt for HaaS are also at an advantage. Equipment will be listed as a service from a vendor rather than a capital expense -- thereby decreasing their tax liability. SMBs will enjoy all the benefits of cutting-edge equipment, without the taxes that usually accompany it. HaaS allows companies to get the equipment they need without running the risk of incurring more debt. Having a balance sheet with less debt is beneficial to the business, as it provides the business with secure financial services to expand.
HaaS catering for your business needs
However, when it comes to HaaS, it is important to consider what sort of technology the business needs. For example, if there is a substantial need for equipment, the best option is to choose HaaS rather than incur debt from purchases. For more information on managed IT services and outsourcing your technology difficulties to the experts, contact Multi IT & Telephony Solutions today.
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Social engineering and cyber security
Social engineering is the ability to manipulate people into wilfully giving up their confidential information. The data varies, but in terms of cyber security this usually means passwords and bank information. Criminals are using social engineering to gain access to your business and its network by exploiting employees who often don’t have a clue about what is happening. Avoiding it is a matter of training, and we’re here to educate you on the subject.
As more and more of our information moves into the digital realm, criminals are turning to social engineering to trick people into trusting them with their delicate information. People often trust others too easily and make themselves the targets of easy attacks from criminals. These attacks may come in the form of messages, baiting scenarios, fake company responses, and many others.
Most often, messages are sent to users in the form of an email that might contain a link or something to download. Although they may look legitimate, these emails often contain viruses; once the link is opened or you attempt to download it, a virus latches onto your computer, giving its creator free access to your email account and personal information.
Emails such as these can also come with a compelling story about needing help, winning the lottery, or even paying taxes to the government. Under the veil of legitimacy, criminals will ask you to trust them with your account details so they can either reward you or help you avoid fines and punishments. What you actually get is a bad case of identity theft.
In another scenario, criminals will bait their targets with “confidential information regarding their account.” This may come in the form of fake company messages that appear to be responses to your claims, which are followed up by a request for login details. While victims believe they are slamming the door on a crime by providing their information, they’ve actually provided their attackers with the keys.
There are several ways people can avoid becoming victims of social engineering. First, always ensure that you delete all spam from your email, and thoroughly research sources before responding to claims from a company -- even if it seems like the one you normally use.
The same applies for links. Confirm the destination of any link before clicking on it. Sites like bit.ly are often used to shorten long and cumbersome links, but because users have grown accustomed to them they are often used to hide malicious misdirection.
Never give out sensitive information that includes your password, bank information, social security, or any other private details. No respectable financial institution will request this type of information through email or a site other than their own. If you’re unsure, navigate away from the page you’ve been sent to and visit the page you believe to be making the request. If the address doesn’t have the letter ‘s’ after ‘http,’ it’s likely a scam.
Last but not least, check that all your devices are protected by the most recent antivirus software. While the strength of social engineering lies in the fact that it’s people-driven rather than technology-driven, antivirus software can help detect and prevent requests from known cyber criminals.
Cyber security is essential to the success of any modern business. Don’t let yourself become victim to criminals who have mastered the art of social engineering. While we’re proud of our extensive experience as technology professionals, we also have more than enough expertise to keep your business safe from those who are using people-based exploits. Contact Multi IT & Telephony Solutions now for all your security concerns.
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Facebook at work releases enterprise messaging app
Facebook is constantly working to improve communication between different parties. What started as a means to communicate socially is now used to improve communication at work, too, through Facebook at Work. After spending several years trying to find a way to turn FB into an enterprise solution, Facebook at Work will finally be launched today. The new service is meant to help workers communicate with their colleagues and share information. Let’s take a look at how.
Facebook releases generally take place in the company’s home country, the US. However, this time around the social media giant will launch its take on enterprise communication tools in London, where Facebook at Work was first dreamed up.
Facebook at Work has set its sights on improving productivity in the workplace. In addition to aesthetic updates like changing from the iconic blue colour to a business-friendly grey, users will have a totally separate platform from the original Facebook. Work accounts are strictly for work interactions and will not mix with users’ personal profiles. So how is it different from just creating a work-friendly account on the original platform?
Facebook at Work creates a microcosm of the social media site, just for your company. Employees can communicate with coworkers, post pictures, plan for upcoming events, and make office announcements at ease. As an added bonus, Facebook at Work will employ auto-translate functionality to make communication between foreign nationals easy.
Aside from the fact that transitions will be easy with so many people already using the site for personal accounts, Facebook at Work is hoping Work Chat and Video Call options will be able to rival the likes of Skype for Business, Google Hangouts, and Slack.
And with the addition of new avenues of privacy come new security guarantees. In an attempt to assuage the concerns of HR departments and paranoid employees alike, the improved security measures in Facebook at Work are separate from the personal platform and unique to the enterprise.
Regardless of whether or not you’re a fan of the original, Facebook at Work is a product keen on helping enterprises improve communications and increase work productivity. If you’re interested in getting in on the ground floor of this new workplace application, we’re your ticket. From product updates to completely new social media sites, we’re your one-stop-shop for getting the word out about your business and your product. Contact Multi IT & Telephony Solutions for more information today.
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