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Hitting a Growth Wall? Canadian Co-Managed IT Services Could Be Your Ladder

Aug 29, 2024 | Managed IT Services (MSP)

Brief: In this article, we explore how Canadian Co-Managed IT Services can help businesses overcome IT scaling challenges. Learn how a strategic partnership, combined with the right technology, can ease the burden on your in-house team, making your operations more efficient and secure.

Is your Canadian business struggling to scale due to IT limitations? 

Are you suffering from the IT Control Paradox? 

You’re not alone.

Many companies face common growth barriers such as outdated technology, skill gaps in IT teams, and budget constraints.

But they’re afraid to outsource and lose control of their IT. 

Enter All Too Common IT Control Paradox

The IT control paradox is the situation where, in an effort to maintain absolute control over their IT environment, companies can actually end up losing control. Here’s how it works:

On one hand, businesses want to keep their IT operations in-house, trusting their internal team who knows the systems and culture intimately. The idea is that by keeping everything under one roof, they maintain greater oversight and control. They fear that outsourcing or bringing in external partners will dilute their influence, create communication barriers, or introduce risks that they can’t easily manage.

But on the other hand, as the company grows and the IT demands increase—more complex systems, higher security requirements, around-the-clock support—this same desire for control starts to work against them. 

Your internal team becomes stretched thin, trying to manage an increasing workload with limited resources. They might fall behind on critical updates, miss potential vulnerabilities, or struggle to implement new technologies efficiently. As a result, the overall effectiveness of IT operations diminishes.

Here’s the paradox:

  • In trying to maintain total control, companies can actually lose it. The internal team, overwhelmed and under-supported, may not be able to keep up with the growing demands, leading to inefficiencies, increased risks, and potential failures.
  • By resisting outside help, the company may inadvertently invite the very problems they’re trying to avoid:security breaches, operational disruptions, and loss of customer trust.

The paradox lies in the fact that to truly maintain control over your IT environment, you often need to share it. By partnering with a co-managed IT provider, you can offload some of the day-to-day responsibilities and gain access to specialised expertise. 

This doesn’t mean losing control—it means enhancing it. With the right support, your internal team can focus on strategic initiatives, your systems can be better protected, and your business can continue to grow without hitting a bottleneck.

In essence, the IT control paradox teaches us that real control isn’t about doing everything yourself; it’s about knowing when to seek help and ensuring you have the right partners to support your vision.

Let’s look at the solution: Co-managed IT services.

By partnering with a managed service provider (MSP), you can overcome these hurdles and unlock your business’s full potential. Gain access to specialised expertise, improve cyber security, and improve IT efficiency – all while focusing on your core business objectives.

In this blog post, we’ll explore how co-managed IT can be the ladder your Canadian business needs to climb over growth walls and reach new heights of success.

Imagine having the clarity to see exactly how much your business could save by outsourcing some of your IT functions. With our cost-saving calculator, you can do just that. It’s a simple, powerful tool designed to show you the real impact on your bottom line when you partner with experts to manage your IT needs.

Don’t just guess—know.

 

Unleash Your Business Potential: Benefits of Co-Managed IT for Scaling Canadian Companies

TL;DR:

  • Co-managed IT combines the expertise of an MSP with your in-house IT team
  • Access specialised skills, strengthen security, and improve efficiency
  • Focus on growth while ensuring your IT infrastructure scales alongside your business

Co-managed IT is a service model where a company’s internal IT department collaborates with an external managed service provider (MSP) to deliver comprehensive IT solutions. 

This partnership allows businesses to tap into the expertise and resources of the MSP while maintaining control over their IT strategy and day-to-day operations.

Access to Specialised Expertise and Technologies

One of the primary benefits of co-managed IT is gaining access to a wide range of IT specialisations and cutting-edge tools. MSPs employ experts in various fields, such as cyber security, cloud computing, data analytics, and more. 

By partnering with an MSP, your business can use their knowledge and experience to implement scalable solutions that support your growth objectives.

MSPs work with multiple clients across different industries, giving them valuable insights into best practices and emerging trends. They can guide your in-house IT team in optimising processes, selecting the right technologies, and avoiding common pitfalls. 

This expertise can help you make informed decisions and stay ahead.

Improved Cyber Security and Compliance

As your business grows, so does the importance of strong cyber security measures. Co-managed IT services provide an added layer of protection by implementing advanced security solutions and monitoring your systems 24/7. 

MSPs have the tools and expertise to detect and respond to threats promptly, minimising the risk of data breaches and downtime.

Compliance with industry regulations and data privacy laws is another critical aspect of scaling your business. MSPs can assist with the requirements, such as PIPEDA, GDPR, or HIPAA, depending on your industry.

They can assist in developing and implementing policies, conducting audits, and ensuring your IT infrastructure meets the necessary standards.

Improved IT Efficiency and Productivity

Co-managed IT can help streamline your IT processes and automate routine tasks, freeing up your in-house team to focus on strategic initiatives. By utilising the MSP’s expertise and tools, you can implement best practices for IT management, such as:

Proactive Maintenance and Monitoring

MSPs use sophisticated monitoring tools to keep tabs on your systems 24/7. 

They can identify and resolve issues before they escalate into major problems, reducing downtime and ensuring smooth operations. Proactive maintenance, such as patching and updating software, helps prevent security vulnerabilities and performance bottlenecks.

Helpdesk and Support Services

Co-managed IT often includes helpdesk and support services, which can significantly reduce the workload on your in-house IT staff. 

MSPs can handle routine requests, such as password resets or software installations, allowing your team to focus on more complex and strategic tasks. 

With clear service level agreements (SLAs) in place, you can ensure prompt resolution of IT issues and maintain high levels of user satisfaction.

Scalability and Flexibility

As your Canadian business grows, your IT infrastructure needs to scale along with it. Co-managed IT provides the flexibility to adjust your IT resources based on your changing requirements. 

MSPs can help you implement scalable solutions, such as cloud computing or software-defined networking, which allow you to quickly provision new resources as needed.

With co-managed IT, you can also benefit from the MSP’s economies of scale. They can often procure hardware and software at lower costs due to their bulk purchasing power. 

This can help you optimise your IT budget and allocate resources more effectively towards your growth initiatives.

Strategic IT Planning and Guidance

Finally, co-managed IT services can provide valuable strategic guidance to help you align your IT roadmap with your business objectives. 

MSPs can work closely with your leadership team to understand your goals and challenges, and develop a comprehensive IT strategy that supports your growth plans.

They can help you evaluate new technologies, assess the feasibility of digital transformation projects, and prioritise initiatives based on their potential impact and ROI. 

By having a clear IT strategy in place, you can make informed decisions and investments that drive your business forward.

By embracing co-managed IT services, Canadian businesses can unlock their growth potential and scale their operations with confidence. 

The combination of specialised expertise, strengthened security, improved efficiency, and strategic guidance provides a solid foundation for success.

Accelerating Growth: How Co-Managed IT Supports Business Expansion for Canadian Organisations

  • Unlock scalable infrastructure and strategic IT planning for sustainable growth
  • Utilise the latest technologies to drive efficiency and innovation
  • Create a culture of continuous improvement aligned with business objectives

Scalable Infrastructure and Resources

As Canadian businesses explore the challenges of rapid growth, having a scalable IT infrastructure becomes crucial. Co-managed IT services provide the flexibility and resources needed to accommodate increased demand without compromising performance or security. 

By using cloud-based solutions, organisations can easily scale their infrastructure to support remote work and seamlessly expand their operations.

With co-managed IT, businesses gain access to a team of experts who can allocate resources based on changing needs. This allows for optimal utilisation of IT assets and prevents overspending on unnecessary hardware or software. 

As a result, Canadian companies can confidently pursue growth opportunities, knowing that their IT infrastructure can adapt and grow alongside them.

Case Study: Shopify’s Scalable Infrastructure

Shopify, a leading Canadian e-commerce platform, has successfully utilised scalable infrastructure to support its explosive growth. 

By utilising cloud-based services and partnering with IT experts, Shopify has been able to handle the increased traffic and transactions generated by its expanding user base. 

This scalable approach has enabled the company to maintain high performance levels and deliver a seamless experience to merchants worldwide.

Proactive IT Planning and Strategy

To ensure sustainable growth, Canadian organisations must approach IT planning with a proactive mindset. Co-managed IT services provide the expertise needed to develop long-term IT roadmaps that align with business objectives. 

By conducting regular technology assessments and providing recommendations for optimisation, IT partners help companies make informed decisions about their IT investments.

Strategic IT planning also involves budgeting for future growth. Co-managed IT providers can guide organisations in allocating resources effectively, ensuring that IT spending supports business expansion. 

By proactively addressing potential bottlenecks and identifying areas for improvement, companies can avoid costly disruptions and maintain a competitive edge in their respective markets.

Continuous Innovation and Improvement

In today’s business environment, staying competitive is essential for growth. Co-managed IT services grant Canadian organisations access to the latest technologies and trends, enabling them to innovate and improve continuously. 

By implementing cutting-edge solutions, companies can streamline their operations, drive efficiency, and unlock new opportunities for growth.

Creating a culture of continuous improvement is key to achieving long-term success. Co-managed IT providers can help Canadian businesses embrace digital transformation and adopt agile methodologies. 

By encouraging experimentation, iterative development, and data-driven decision-making, organisations can cultivate a mindset that values innovation and adaptability.

Further Reading: “The Lean Startup” by Eric Ries

For a deeper understanding of how continuous innovation and improvement can drive business growth, consider reading “The Lean Startup” by Eric Ries. 

This book provides valuable insights into building and scaling successful products through validated learning and rapid experimentation. By applying the principles outlined in this book, Canadian companies can optimise their IT strategies and accelerate their growth trajectories.

Improved Collaboration and Productivity

As Canadian organisations expand, effective collaboration becomes increasingly important. Co-managed IT services can facilitate seamless communication and collaboration across teams, departments, and locations. 

By using advanced collaboration tools and platforms, companies can break down silos, create innovation, and improve overall productivity.

With co-managed IT support, businesses can ensure that their employees have access to the right tools and technologies to work efficiently, regardless of their location. 

This is particularly crucial in the era of remote work, where teams may be dispersed across different regions or time zones. 

By providing a strong and secure collaboration infrastructure, co-managed IT enables Canadian companies to maintain high levels of productivity and drive growth.

Mitigating Risks and Ensuring Business Continuity

Growth often comes with increased risks and complexities. Co-managed IT services help Canadian organisations mitigate these risks by implementing strong security measures, disaster recovery plans, and business continuity strategies. 

By proactively addressing potential threats and vulnerabilities, companies can safeguard their data, protect their reputation, and minimise downtime.

According to a study by IBM, the average cost of a data breach for Canadian companies in 2023 was $6.94 million. 

Co-managed IT providers can also assist businesses in developing and testing comprehensive disaster recovery plans. 

By regularly assessing risks and conducting simulations, organisations can ensure that they are prepared to handle any disruptions that may occur during periods of growth. 

This proactive approach to risk management enables Canadian companies to maintain business continuity and minimise the impact of potential setbacks.

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Is Your Canadian Business Ready for Co-Managed IT? Signs You Need a Growth-Enabling Partnership

  • Identify the key indicators that your business needs co-managed IT support
  • Understand how co-managed IT can help you overcome growth challenges
  • Learn how to assess your readiness for a co-managed IT partnership

Struggling to Keep Up with Increasing IT Demands

As your Canadian business expands, the demands on your IT infrastructure and team grow exponentially. You may find your in-house IT staff overwhelmed by the increasing number of users, devices, and systems they need to support. 

This can lead to a backlog of IT projects, delays in implementing new technologies, and difficulty maintaining day-to-day operations.

According to a survey by Robert Half Technology, 70% of IT managers in Canada reported an increase in their IT workload over the past year. This surge in IT demands can put a strain on your existing resources, making it challenging to keep pace with your business’s growth.

Signs Your In-House IT Team is Overwhelmed

  • Consistently working overtime to keep up with user requests and system maintenance
  • Postponing critical IT projects due to lack of time or expertise
  • Struggling to implement new technologies and solutions in a timely manner

If you recognise these signs in your organisation, it may be time to consider a co-managed IT partnership to alleviate the burden on your in-house team and enable them to focus on strategic initiatives.

Frequent Downtime and Productivity Losses

As your business grows, the cost of IT downtime becomes increasingly significant. A study by Queue-it found that the average cost of downtime for businesses is $200 million per company per year. 

When your in-house IT team is stretched thin, they may resort to reactive problem-solving rather than proactive maintenance and monitoring. 

This can lead to recurring IT issues, unplanned outages, and prolonged downtime, all of which can impact your business continuity and employee productivity.

Indicators of Insufficient IT Support

  • Frequent system crashes or network outages
  • Slow response times to user support requests
  • Inability to meet service level agreements (SLAs) for critical applications and systems

A co-managed IT partnership can help you mitigate these risks by providing 24/7 monitoring, proactive maintenance, and rapid incident response, ensuring your systems remain stable and your employees stay productive.

Insufficient IT Expertise for Strategic Initiatives

As technology advances at a rapid pace, it can be challenging for in-house IT teams to stay up-to-date with the latest trends, best practices, and emerging technologies. 

This knowledge gap can hinder your ability to align your IT strategies with your business growth objectives and capitalise on new opportunities for innovation and competitive advantage.

By partnering with a co-managed IT provider, you can gain access to a team of experienced professionals with a wide range of skills and certifications, enabling you to tackle complex IT projects and initiatives with confidence.

Examples of Strategic IT Initiatives

  • Migrating to cloud-based services to improve scalability and flexibility
  • Implementing advanced cyber security measures to protect sensitive data
  • Developing custom applications to streamline business processes and improve customer experiences

A co-managed IT partnership can provide the expertise and resources needed to successfully plan, execute, and manage these strategic initiatives, allowing your business to stay ahead of the curve and maintain a competitive edge.

Difficulty Scaling IT Resources to Match Business Growth

As your Canadian business expands, your IT needs will evolve and grow. You may find it challenging to scale your in-house IT resources to match the pace of your business growth, leading to gaps in coverage and potential bottlenecks in your operations.

A co-managed IT partnership offers the flexibility to quickly ramp up or down your IT support based on your changing needs. 

This scalability ensures that you always have the right level of IT expertise and resources available to support your growth, without the need to hire and train additional in-house staff.

Benefits of Scalable IT Support

  • Ability to quickly adapt to changes in business size, structure, or market conditions
  • Access to a wide range of IT skills and expertise on-demand
  • Reduced costs associated with hiring, training, and maintaing in-house IT staff

By utilising a co-managed IT partnership, you can ensure that your IT infrastructure and support keep pace with your business growth, enabling you to seize new opportunities and maintain a competitive advantage.

Need for Improved Cyber Security and Compliance

As your business grows, so does your exposure to cyber security threats and regulatory compliance requirements. 

With the increasing frequency and sophistication of cyber attacks, it’s crucial to have strong security measures in place to protect your sensitive data and maintain the trust of your customers.

In fact, 78% of Canadian businesses experienced a cyberattack in 2020. The following year, cyber attacks affected 85.7% of Canadian companies

A co-managed IT partnership can help you strengthen your cyber security by providing access to advanced security technologies, best practices, and expertise. 

Additionally, they can assist with compliance management, ensuring that your business adheres to industry-specific regulations such as PIPEDA, HIPAA, or PCI DSS.

Key Cyber Security and Compliance Services

  • Comprehensive security assessments and penetration testing
  • Implementation of advanced security tools and technologies (e.g., firewalls, intrusion detection systems, and multi-factor authentication)
  • Development of incident response plans and procedures
  • Ongoing monitoring and management of security logs and alerts
  • Assistance with compliance audits and reporting

By partnering with a co-managed IT provider, you can ensure that your business maintains strong security and meets its compliance obligations, even as you manage the challenges of growth and expansion.

Understanding the Basics: What is Co-Managed IT?

  • Ideal solution for businesses looking to scale their IT capabilities
  • Combines the best of in-house and outsourced IT models
  • Enables strategic growth through shared responsibilities and expertise

Definition and Key Concepts

Co-managed IT is a collaborative partnership between a company’s internal IT department and an external managed service provider (MSP). 

This model involves sharing responsibilities and accountability for IT operations and outcomes, allowing businesses to use the strengths of both teams. 

By working together, the internal IT staff and the MSP can create customisable service agreements that cater to the specific needs of the organisation.

The key concept behind co-managed IT is the ability to augment the existing IT capabilities of a business without fully outsourcing or replacing the internal team. 

This approach enables companies to maintain control over critical IT functions while accessing the specialised expertise and resources of an experienced MSP. 

The level of involvement from the MSP can be tailored to the unique requirements of each business, ensuring a seamless integration with existing processes and infrastructure.

Comparison to Traditional IT Models

To understand the value of co-managed IT, it’s essential to compare it with traditional IT models:

  1. In-house IT: This model gives businesses full control over their IT operations but may face limitations in terms of scalability and access to diverse expertise. As technology evolves rapidly, it can be challenging for an internal team to keep pace with the latest trends and best practices.
  2. Fully outsourced IT: Outsourcing IT functions to an MSP provides access to a wide range of resources and expertise. However, this model often leads to a loss of control and flexibility, as the business relies entirely on the MSP for its IT needs.
  3. Co-managed IT: By combining the best aspects of in-house and outsourced IT, co-managed IT offers a balance between control, scalability, and specialised expertise. This model allows businesses to maintain oversight of their IT operations while benefiting from the knowledge and resources of an experienced MSP.

Common Services and Deliverables

Co-managed IT providers offer a wide array of services to support the growth and success of Canadian businesses. Some of the most common services and deliverables include:

IT Strategy and Planning

Co-managed IT providers work closely with internal IT teams to develop and implement comprehensive IT strategies aligned with the organisation’s goals. 

This collaborative approach ensures that technology investments support long-term business objectives and drive innovation. 

For instance, co-managed IT providers can assist with technology roadmaps, budgeting, and vendor management, ensuring that IT strategies align with business goals.

Infrastructure Management and Optimisation

MSPs bring extensive experience in managing and optimising IT infrastructure, including networks, servers, and storage systems. By using best practices and advanced tools, co-managed IT providers can help businesses improve performance, reliability, and scalability.

Cyber Security and Compliance Support

With the ever-increasing threat of cyber attacks and the complexities of regulatory compliance, co-managed IT providers offer valuable support in securing IT environments. 

They can assist with risk assessments, implement strong security measures, and ensure compliance with industry standards such as PIPEDA, PHIPA, and PCI-DSS. 

Help Desk and User Support

Co-managed IT providers can supplement internal IT teams by offering help desk services and user support. This allows businesses to provide prompt and efficient assistance to employees, minimising downtime and increasing productivity.

Cloud Migration and Management

As more businesses adopt cloud technologies, co-managed IT providers can guide and support the migration process. They can help assess workloads, select appropriate cloud platforms, and manage the ongoing operation and optimisation of cloud environments. 

By understanding the basics of co-managed IT and its potential to drive growth, Canadian businesses can make informed decisions about using this model to achieve their strategic objectives.

Maximising the Value of Co-Managed IT: Best Practices for Canadian Businesses

TL;DR

  • Clearly define roles and responsibilities for seamless collaboration
  • Create open communication and align IT with business goals
  • Continuously assess and optimise strategies for maximum value

Defining Clear Roles and Responsibilities

Establishing a well-defined service level agreement (SLA) is crucial for the success of a co-managed IT partnership. 

The SLA should outline the specific roles and responsibilities of both the in-house IT team and the managed service provider (MSP). This clarity ensures that all parties are aware of their tasks and can work together efficiently.

Setting performance metrics and establishing guidelines for communication and reporting are also essential components of a successful co-managed IT arrangement. 

Regular check-ins and transparent reporting help ensure that both teams are aligned and working towards common goals.

Creating a Collaborative and Transparent Partnership

Open communication and knowledge sharing are key to creating a collaborative and transparent partnership between in-house IT staff and the MSP team. 

Encouraging regular meetings, joint training sessions, and information exchange helps build trust and ensures that everyone is on the same page.

Regularly reviewing and adjusting service delivery based on feedback and changing business needs is another best practice for maximising the value of co-managed IT. 

This agility allows Canadian businesses to continually optimise their IT strategies and ensure they are getting the most out of their partnership.

Aligning IT Strategies with Business Objectives

Involving the co-managed IT partner in strategic planning and decision-making processes is essential for aligning IT initiatives with business growth goals. 

By including the MSP in these discussions, Canadian companies can use their expertise and insights to make informed decisions that drive business success.

Continuously assessing and optimising IT strategies is crucial for staying aligned with evolving business needs. 

By regularly reviewing performance metrics, gathering feedback, and making data-driven decisions, Canadian businesses can ensure that their co-managed IT partnership remains a valuable asset in achieving their goals.

Embrace Growth: Your Path to Success with Co-Managed IT

Co-managed IT is the ladder your Canadian business needs to overcome growth barriers and reach new heights. 

By partnering with a trusted MSP, you gain access to scalable solutions, specialised expertise, and improved cyber security, empowering your organisation to thrive.

Imagine your company operating at peak efficiency, with a strong IT infrastructure that supports your growth objectives. 

With co-managed IT, this vision can become a reality. You’ll have the freedom to focus on strategic initiatives while your MSP handles the day-to-day IT operations, ensuring a seamless and secure experience for your employees and customers alike.

Ready to take the next step?

Contact a reputable Canadian MSP today to discuss your unique business needs and explore how a co-managed IT partnership can propel your organisation forward. 

Together, you can develop a customised plan that aligns with your growth goals and sets you on the path to success.

What growth opportunities could co-managed IT unlock for your Canadian business?

 

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