Companies Save Up To 70% On Costs by Outsourcing Their IT

As much as 70% of B2B decision makers say their company has outsourced some part of their business, with IT support (34%) being the most likely function to be performed by an outside supplier.

It is no surprise that outsourcing is so popular among businesses when considering it can help them save up to 70% of operational expenses in the long run.

Here are some of the key IT roles you can outsource and how they will save your business money:

IT Director/CTO

An IT Director is vital for your business. These professionals ensure your company’s information technology is updated and secure. They direct the use of technology throughout your organisation and oversee technical projects in alignment with your organisational goals.

However, most SMEs don’t have the work nor the budget to justify hiring for this position. Therefore, PSP provides agile IT Directors who work on a full or part-time basis, fitting into your IT department on a schedule in line with your business requirements.

Outsourcing an IT Director saves businesses money in multiple ways:

• Reviews IT spend
• Selects most cost-effective solutions
• Cyber security knowledge lowers chance of a cyber attack
• No associated overhead costs (training, holiday, pension, bonus)
• Provides immediate strategic value

Software Tester

Outsourcing software testing is a huge help for businesses looking to save time and certify the quality and reliability of their software, apps and websites.

One of the main reasons why companies outsource a software tester is so they can get expert-level software testing expertise whenever they require it. Hiring a full-time software tester is not a viable option for some businesses, therefore adding an external tester to the team on a part-time basis, or just for a specific project, proves highly valuable in the long run.

PSP’s team of software testers includes two types of testers which clients outsource:

Manual testers: They perform tests in the eyes of the end-user to verify its usability and functionality. They also identify any defects in the software and ensure that the final solution meets all the system requirements.

Automated testers: Automated testers use tools and scripts so that tests can run without human intervention. This saves time and is well-suited for projects that are large or require testing to be repeated multiple times (regression testing).

Software Developer

Outsourcing to a team of outsourced software developers gives businesses access to a larger pool of knowledge, skills and experience in different technologies and languages.

Businesses don’t just save money from outsourcing software development, they also gain access to specialist resources and the highest level of expertise.

Outsourcing a software tester saves money by:

• Flexible price models where businesses only pay for the service they need
• Lower staff costs
• More reliable testing reduces the risk of costly errors and bugs
• Automated testing removes the repetition of work
• Automated testing can be performed 24/7

Business Analyst

A business analyst plays a crucial role in bridging the gap between business needs and IT solutions, ensuring that technology aligns with business goals. They analyse processes and identify areas for improvement based on business requirements, then translate these into technical specifications.

How can an outsourced business analyst save businesses money?

• Improving processes leads to more streamlined operations and lower operational costs
• Effective requirements gathering ensures IT solutions meet business objectives
• Higher-quality final solution reduces the need for revisions or rework
• Improved resource allocation improves overall productivity and operational efficiency

IT Project Manager

An IT project manager plays a crucial role in ensuring that IT projects are completed successfully, on time and within budget. They focus on creating project plans and allocating resources in preparation for the project. During the project, they limit scope screen and mitigate risks which might disrupt the project. They also serve as a main point of contact between stakeholders and the project team, ensuring all parties are aware of project progress and updates.

Outsourcing an IT Project Manager for your project will save money through:

• Agile contract where you only pay for the resources you need, rather than hiring a permanent full-time professional
• Reduced chance of IT project overrunning or overspending
• Expertise in project management means projects are delivered faster and with reduced cost
• Proactive risk and scope management avoids costly disruptions to the project.

Cyber Security Officer

A cyber security officer safeguards an organisation’s information systems from cyber threats. Their role is critical to ensuring data integrity, confidentiality and availability. They perform a variety of roles like risk assessments, creating security policies, reviewing and updating policies, creating, reviewing and updating response plans, lowering the chance of a cyber attack and ensuring compliance with industry regulations.

An outsourced Cyber Security Officer saves business money through:

• Reduced chance of cyber attack
• Compliance and avoidance of penalties
• No HR or additional costs
• Specialised skills from years of experience and expertise

PSP: Your Outsourced IT Partner

PSP has delivered cost-effective IT solutions for businesses, awarding bodies and chartered institutes for 16 years. In that time, we have saved clients hundreds of thousands of pounds per year in IT costs and built robust cyber security strategies.

Our team of 34 in-house IT experts work closely with our clients to help them get the best out of their IT practices to improve their business processes and lead the way in their sector.

Want to find out more about our team? Get in touch.