Transform Your MSP right into a Managed Cloud Service Provider

Transform Your MSP right into a Managed Cloud Service Provider

Maintaining with the worldwide digital transformation, the evolving needs of distant employees, and advanced security threats is difficult. Business agility, efficiency, and responsiveness necessitate a dependency on managed cloud service providers to not only survive but thrive.

For managed service providers (MSPs), staying ahead of this move to the cloud and the increasingly sophisticated nature of client demands is complicated, requiring them to vary their approach. While it could seem daunting, the opportunities for what you are promoting are tremendous.

Key Differences Between a Managed Service Provider vs Managed Cloud Service Provider

The Traditional Role of a Managed Service Provider or MSP

MSPs have traditionally focused on IT equipment maintenance and substitute, system administration, infrastructure management, telecom services, incident response, end-user onboarding, patch management, reporting, and other supporting responsibilities. It’s a tactical technology role slightly than a strategic partnership role.

Services like software licenses, server hardware, and data backup solutions are sold as individual commodities. Since these products are developed by third-party vendors who sell them across the MSP community, there may be little differentiation between MSPs.

Since managed service providers are already managing specific areas of IT operations, they’re in the proper position to assist. Still, the cloud requires recent expertise and a brand new way of enthusiastic about their clients’ business.

Transforming your MSP right into a managed cloud service provider will position you for fulfillment.

What’s a Managed Cloud Service Provider (MSCP)?

A managed cloud service provider offers an IT model where all software, infrastructure, platform, and storage resources are delivered within the cloud. This allows clients to buy only the services they need and pay for under the services used.

A managed cloud service provider is an authority in using cloud technology to assist a customer achieve the very best business advantage. This requires a broader understanding of all elements of a business across all departments. 

A managed cloud service provider can:

  • Improve efficiencies and implement cost controls.
  • Enable flexibility.
  • Improve scalability.
  • Enhance agility.
  • Ensure best practices are adhered to.
  • Deliver security and availability.

Why Make the Transition to Managed Cloud Service Provider?

The role of the successful MSP is evolving from on-premises hardware and software management, equipment substitute, and server maintenance to cloud-based information management focused on business continuity, all-in-one solutions, worker education, enhanced productivity measures, and advanced threat protection.

Clients are on the lookout for their MSP to offer company-wide value and deliver tactical and strategic IT results that impact business efficiency, productivity, and profitability. They’ve moved beyond simply requiring break-fix services or on-premises network maintenance. They need custom solutions, more meaningful business relationships, scalable infrastructure, and advanced security.

In consequence, the brand new age of the managed cloud service provider requires the event of reliable and secure cloud-based workloads to fulfill changing company, customer, worker, and market demands.

5 Advantages of Moving from a Managed Service Provider to a Managed Cloud Services Provider

5 Benefits of Moving from a Managed Service Provider to a Managed Cloud Services Provider

You need to use these five managed cloud service areas to grow a successful managed cloud service provider business:

1. Security

With ever-evolving and increasingly sophisticated security threats, organizations require a specialist in cloud security. Breaches in consequence of today’s web security problems reduce profitability, decrease revenue from potential customers, and damage the organization’s status. Each small businesses and enormous enterprises now not have the expertise, resources, or infrastructure to administer their company’s security requirements on their very own.

A managed cloud service provider is a cloud security specialist with an on-staff team of security professionals. As such, what you are promoting can maintain a highly secure and simply scalable infrastructure specifically designed and maintained to withstand a wide range of advanced attacks.

2. Data Migration

Data is a priceless and highly competitive company asset. However the vast quantities of knowledge that corporations produce each day are growing dramatically beyond management’s control. Organizations determined to tackle out-of-control data are engaging managed cloud service providers to discover where critical information is stored and who can access it. Also they are fascinated with cloud migration using a managed cloud infrastructure to make sure data is well accessible, all the time available and guarded with multiple redundancy levels and business continuity measures.

3. Strategic Cloud Solutions

With so many cloud service options available, many businesses have attempted to implement a cloud-based IT strategy on their very own. They now realize that choosing and coordinating the proper combination of cloud services, understanding current usage needs, and anticipating future growth requirements is tougher than expected. It requires a managed cloud service provider who can structure a company-wide solution that ceaselessly features a hybrid approach. Meaning meeting each technology requirements and business goals. 

4. Compliance

Businesses in heavily regulated industries like financial services, legal, and healthcare struggle to maintain up with compliance requirements and configure an IT solution that meets changing regulations in addition to mitigates security risks. A managed cloud service provider can remove the burden of managing the corporate’s IT infrastructure within the cloud and make sure that the business meets mandatory compliance standards.

5. Strategic IT Efficiencies

Successful IT management is greater than proactive equipment maintenance and user email access. It’s about digital transformation that requires an investment in enhanced efficiencies across the organization. The brand new world of distant work, changing customer demands, and the continuing must stay competitive implies that digital technology have to be evaluated holistically across a company. 

Digital technology evaluation should include: 

  • Automation, unification, and streamlining of IT processes.
  • Application integration.
  • Data storage.
  • Information evaluation.

The power to mix cloud-based efficiencies with traditional managed IT services, advanced security measures, enhanced customer support, and business continuity enables managed cloud service providers to supply a highly lucrative end-to-end cloud solution. It demonstrates a strategic deal with future business growth as an alternative of individual technologies or vendor selection.

This transition to cloud services and the belief that technology solutions can have a big and positive impact on future growth is causing organizations to search out those managed cloud service providers positioned to assist guide their complete IT strategy. 

The addition of security, data migration, and compliance are undoubtedly critical elements in a successful managed cloud service provider’s portfolio of services. But developing the specialization and infrastructure to support your clients adequately will take time, money, and resources in case you attempt it on your personal.

Implementing a Managed Cloud Services Model in Your Business

Implementing a Managed Cloud Services Model in Your Business

Listed here are five practical ways to start what you are promoting evolution from a conventional MSP to a managed cloud service provider:

1. Transform Your Sales Strategy

Begin transforming your sales strategy from selling individual services to business-focused solution selling. Quite than selling a standalone commodity service sold by many MSPs, deal with selling an answer that helps a client meet a business need. 

Selling all-in-one solutions lets you differentiate yourself, add value to your offering, and turn into a trusted advisor in your clients’ eyes. 

2. Cloud Training

Does your current managed services team have the abilities to transition to a cloud environment, or will it’s good to hire additional personnel? Not only will engineers have to be retrained, but your sales team will need to know the complexities of solutions architecture. Threat management and mitigation, in addition to current security trends and advanced technologies, also require initial and ongoing training.

3. Enable Automated Infrastructure Monitoring and Billing

Automated infrastructure monitoring and billing are critical in a cloud environment because they permit you to track service usage across your client base and enable each of your clients to evaluate precisely the services they use. Meaning they are going to not be billed for services which have gone unused for a while and forestall them from being hit with unanticipated expenses.

4. Establish a Service-Level Agreement (SLA)

A service-level agreement is your assurance to your clients regarding the extent of service you’ll provide and what they need to expect from you. It demonstrates your high level of commitment, expertise, and accountability and provides your clients with peace of mind that you’ve got their business, security, and technology objectives as top priorities.

5. Assess Requirements to Meet Industry Standards and Receive Certifications

SSAE, CSA, HIPAA, NIST, PCI, and other standards organizations and quality frameworks provide best practices and benchmarks by which cloud service providers are judged. Potential clients evaluating a shortlist of managed cloud service providers will need to know that you simply meet lots of these guidelines and standards. 

As these certifications take time to receive, it is important to start out early evaluating their requirements and the changes it’s good to make to your organization and operations to perform this objective and turn into certified.

6 Best Practices to Maintain and Successfully Run Your Managed Cloud Service Provider Business

Use this list of six best practices to take care of the labor you’ve got invested in your managed cloud service provider business:

1. Create Comprehensive Provider and Client Security Policies

Clients need to feel confident that the standard of the safety measures you place in place for them are as secure as an answer you’ll put in place to guard our own business, employees, and data. Managed cloud service provider and client systems and data security policies must be probably the most current, working properly, tested, and evaluated frequently.

2. Complete Ongoing Compliance Audits

An independent third-party audit must occur yearly to fulfill compliance requirements. As well as, the finished audit report must be made available to clients and potential clients upon request to show each your managed cloud service provider compliance and transparency.

3. Maintain an Online Reporting Portal

Clients need to periodically assess what IT services they’re using, how each service is performing, and what they pay. Maintaining an internet management and reporting portal enables your clients to judge their services on-demand.

4. Utilize Standard Integration Interfaces

The usage of a hybrid cloud environment requires integration between a client’s infrastructure and the cloud. In consequence, standard APIs and other integration interfaces must be used to make sure a reliable and all the time available connection for workers and other users.

5. Implement Infrastructure Redundancies and Data Backups

Business continuity and disaster recovery are essential for today’s modern business. Implement server, application, and database replication policies and procedures and install redundant infrastructure resources to take care of always-on availability. Also, ensure you’ll be able to immediately restore client backups within the event of a disaster or any form of outage.

6. Provide Cloud Migration Support

Cloud migration enables organizations to grow right into a cloud environment while still working inside their existing infrastructure without impacting their availability, worker access, or customers’ ability to make purchases. Your ability to offer a smooth transition without business interruption is a critical element in your successful transition to a managed cloud service provider.

Offer Your Clients Managed Cloud Infrastructure Solutions with Liquid Web

Whether you select a VMware Private Cloud, High Availability Environment, or a HIPAA Compliant solution, Liquid Web merges exceptional partner support with an in depth technology portfolio, a longtime cloud infrastructure, fully managed IT operations, and advanced multilevel security. We deliver the efficiencies and repair portfolio you demand with the robust cloud environment your customers require.