The manufacturing industry is undergoing a significant transformation. As businesses embrace digitalization to streamline operations, enhance efficiency, and stay competitive, the need for robust IT services, security, and compliance measures becomes paramount. One strategic approach gaining traction is the collaboration between manufacturers and Managed Service Providers (MSPs). This alliance not only addresses the intricacies of IT management but also ensures heightened security and compliance adherence. In this blog, we discuss reasons why Manufacturing should consider partnering with an MSP for IT services, security, and compliance, supported by pertinent statistics and references.
Focus on Core Competencies:
Manufacturing companies excel in their ability to design, produce, and deliver quality products. According to a study by Deloitte, 82% of manufacturers believe that outsourcing non-core functions allows them to focus on strategic initiatives and core competencies, contributing to overall business growth.
Scalability and Flexibility:
The manufacturing landscape is dynamic, with fluctuations in production demands and market trends. According to a report by PwC, 94% of manufacturers consider scalability and flexibility as critical factors for success. Partnering with an MSP ensures that the IT infrastructure aligns seamlessly with the manufacturing workflow, adapting to evolving needs.
Enhanced Security Protocols:
Cybersecurity threats pose a significant risk to manufacturing operations. The Verizon 2021 Data Breach Investigations Report states that 28% of data breaches involve manufacturing companies. MSPs specialize in implementing robust security measures, minimizing the risk of cyberattacks, and ensuring the protection of sensitive data.
Compliance Assurance:
Manufacturing industries are subject to various regulatory standards. According to a survey by Thomson Reuters, 78% of manufacturing companies believe that staying compliant with regulations is a top challenge. An MSP well-versed in these standards can guide manufacturers in achieving and maintaining compliance, mitigating legal risks.
Cost Efficiency:
Managing an in-house IT department can be financially burdensome for manufacturing companies. According to a report by CompTIA, 46% of businesses that outsource IT services cite cost reduction as a primary reason. MSPs offer a cost-effective alternative, providing comprehensive IT solutions at a predictable and often lower cost.
Proactive Monitoring and Maintenance:
An MSP operates on a proactive model, minimizing downtime and enhancing system reliability. According to a survey by Gartner, 71% of businesses experienced a significant business disruption in the past two years. Proactive monitoring and maintenance ensure manufacturing processes continue smoothly without disruptions.
24/7 Technical Support:
Manufacturing operations often run around the clock, requiring continuous technical support. According to a study by Forrester, 66% of manufacturers value 24/7 technical support. MSPs offer round-the-clock assistance, promptly addressing IT issues and maintaining optimal productivity throughout all shifts.
Manufacturing companies can no longer afford to overlook the significance of robust IT services, security, and compliance. By partnering with an MSP, manufacturers can fortify their digital infrastructure, focus on core competencies, and navigate the complex terrain of cybersecurity and regulatory compliance with confidence. This strategic collaboration not only future-proofs manufacturing operations but also positions companies to thrive in an increasingly digitized and competitive global marketplace.