Infographic: 5 Key Criteria for Choosing A Managed IT Service Provider

The MSP model meets a growing demand for technical support at a much lower cost. MSPs can help businesses manage data security, tech complexity, and system stability – all while holding down expenses. Sounds great, right?

Selecting the right Managed IT Service Provider (MSP) partner can be a daunting challenge. There are a lot of MSP options out there, and not all Managed IT Service Providers (MSP) are created equal.

Are you confident that you can weigh the options and select the best partner for your organization and budget?

If your answer isn’t a resounding “YES!“, then check out the infographic below – 5 Key Criteria For Choosing a Managed IT Service Provider. This gives you the essential characteristics and services you should require from your MSP partner.

5 key criteria for choosing a managed it service provider - Dynamic Quest

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The cost of cybercrime is predicted to hit $10.5 trillion by 2025, according to the latest version of the Cisco/Cybersecurity Ventures “2022 Cybersecurity Almanac.”.

The internal team was energized. With the Level 1 work off its plate, the team turned its attention to the work that fueled company growth and gave them job satisfaction.

Large Healthcare Company

The three sectors with the biggest spending on cybersecurity are banking, manufacturing, and the central/federal government, accounting for 30% of overall spending (IDC).

40% of businesses will incorporate the anywhere operations model to accommodate the physical and digital experiences of both customers and employees (Techvera).

Forty-three percent of attacks are aimed at SMBs, but only 14% are prepared to defend themselves (Accenture).

More than 33 billion records will be stolen by cybercriminals by 2023, an increase of 175% from 2018.

It takes an average of 287 days for security teams to identify and contain a data breach, according to the “Cost of a Data Breach 2021” report released by IBM and Ponemon Institute.

The average cost of a data breach in the United States is $8.64 million, which is the highest in the world, while the most expensive sector for data breach costs is the healthcare industry, with an average of $7.13 million (IBM).

We did a proof of concept that met every requirement that our customer might have. In fact, we saw a substantial improvement.

Steve Fout, VP Sales, Godlan, Inc

We did everything that we needed to do, financially speaking. We got our invoices out to customers, we deposited checks, all the things we needed to do to keep our business running, and our customers had no idea about the tragedy. It didn’t impact them at all.

Denise Koontz, CFO, Got You Floored

“We believe our success is due to the strength of our team, the breadth of our services, our flexibility in responding to clients, and our focus on strategic support.”

Dynamic Quest

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