Author : Yogesh Gupta
Director | CCM
04/Aug/2019

Yogesh has over 15 years of experience in managing successful deliveries for multi-channel customer communication management (MCCCM) services with expertise in CRM, billing and business intelligence tools. He has been in the forefront in executing small to large size projects using agile methodology within budget and time ensuring quality standards.


The top 6 reasons for opting Managed Services

On the path to digital transformation businesses need to adopt to newer technologies and services to meet the demands of enterprise as well as the customers it serves. Applications have become critical resource for organizations and are at the heart of digital transformation. Every organization has huge business critical applications numbering in few hundreds to even thousands. It does not matter whether the organization is big or small - the services it offers and industry in which it operates - enterprises cannot afford to ignore the development, implementation and management of wide range of application.

Managing these staggering amounts of applications is a monumental task for IT resources- draining them of their energies instead of engaging their efforts towards growing the business. As the digital age disrupts every industry, organizations are faced with IT challenges and hence Application Management Services (AMS) have become critical in managing growing number of applications. Business leaders are opting for third party managed software solutions to manage different apps.

Application Management Services is growing rapidly as AMS market is expected to reach $87.6 Bn by 2025. Industries in healthcare and finance, lacking internal IT resources, rely heavily on apps for internal work process as well as customer solutions and thus require the support from an AMS provider. Business leaders are recognizing the value of AMS to help them operate with ease by handing over their worries of managing critical apps.

Companies do not need to worry about hiring additional skill pool and invest huge sums in training and acquiring and retaining IT assets. With AMS service providers companies can access deep skill pool to meet exact skills to manage their complex application needs. With right AMS partner, companies get access to a team of IT specialists skilled in various programming languages and operating systems to help them function smoothly without any added cost.

Critical app failure can cause huge loss

Failure in mission critical applications can severely daunt your business functions and can halt your operations costing huge time and money. Any glitch in operation of such apps can impact your business reputation, limit your productivity and can lead to additional costs. Payment processing, online banking, mobile banking or billing systems are mission critical for any financial services and banking and any breakdown of these applications would cause huge losses and operational breakdown for these companies.

Frees up IT resources for critical tasks

AMS gives an added advantage by freeing up your IT team from support and long-term maintenance tasks saving their valuable time for other important tasks. Your AMS provider covers all your monitoring and maintenance needs from bug fixing, patching, emergent failures and app diagnostics.

Access to IT specialists

When you hand over the important task of maintaining and managing your critical apps to an experienced AMS provider, you get access to skilled IT experts with expertise that your own IT team do not possess. These IT experts with superior skills in app development and management bring in innovative approach to your business operations. With insightful analysis the IT experts offer recommendations and improvements that help you improve your business practices in an effective and newer ways.

The cost of service Downtime

Any downtime in your app functioning can cost you a huge some of money and bring in bad reputation. In 2016-17, five major airlines including Delta, British Airways, JetBlue, Southwest, and United suffered significant outages. The incident not only had cost implications as loss of ticket revenue from website breakdown and delay compensations but also created negative media coverage and trust deficit with the customers.

Application Management Services Alleviates Risk

An AMS provider ensures best practices to minimize the risk of downtime by engaging highly skilled and experience IT professionals to deflect any possible downtime. Thus, allocating the task of crisis management to an AMS provider you can alleviate some of the associated risk of downtime.

AMS Facilitates Business Growth

Companies partnering with an AMS provider can focus on increasing the quality of their critical applications and need not make efforts in simply ensuring functionality and uptime. Companies can focus on innovations as IT teams can be engaged into productive tasks leading to growth of business.

Outsourcing regular and critical app management tasks give companies an added advantage to scale up their business. In the end, companies are fast realizing that the increasing volume of repeatable tasks of application management are causing huge drain on resources and time. Hence, companies will continue to seek support services from AMS providers in near future.

Are you overwhelmed with managing bundles of applications and looking for IT cost reduction and digitalization? Espire's Application Managed Services are transforming the enterprise application landscape of global businesses into powerful, future-proof and agile application engines. Click >> to know how Espire can transform your enterprise application portfolio.

MORE FROM OUR BLOGS

Product Development and Application Modernization of Pension Administration Suite on Oracle ADF 11g

The client’s current PAS application is built on Oracle Forms & Reports, client needed to modernize the current PAS with the latest technology stack, i.e., Oracle (Application Development Framework) ADF. The project also included the requirement to upgrade the current backend database built on Oracle.

Optimized Workflows with a Dynamics-based solution for a Leading Australian University

We deployed multiple service improvements to align the customer's marketing campaigns with sales (leads) and convert these opportunities into business (student enrolments), Designed a customized solution for messaging using Twilio, Streamlined academic processes by leveraging MS Flow and deploying an automatic approval mechanism alongwith Successfully carried out payment gateway and banner application integrations.

Workflow Re-Engineering and Print Production Management Solution

The client is renowned for offering comprehensive suite of mail stream solutions ranging from creation to production and distribution. Client's existing solution provided barcoding, printing and dispatch options but the changing business requirements demanded an automated customised e-mail mechanism

Upgrading Legacy Oracle Forms & Reports Based Applications

The client is a renowned global document management company known for its diverse printing product line, multifunction systems, photo copiers, digital production printing presses and related consulting services and supplies.

Driving operational excellence in energy and utility sector with data integration

Data, is at the core of a modern utility enterprise, that is highly valued and carefully curated. But then often, misinterpreted, underutilised or left to sit in silos. This sector must focus on breaking down the silos by learning how to integrate their disparate data, IT systems, functional and business processes. This allows leveraging the kind of operational excellence, greater revenues, decreased capital and O&M expenditures, and better-planned safety measures, they are aiming to achieve.

Microsoft graph import third party platform messages in teams

Managing multiple points of interactions across diverse messaging platforms is not only tedious but also becomes a point of confusion with potential loss of information. Taking cognizance of this, Microsoft Graph has launched APIs to programmatically import third-party platform messages into Microsoft Teams. Users can now import channel messages into a new team, specify the message sender, add timestamp and link to files

Microsoft graph top usecases for businesses to bolster productivity and growth

Microsoft Graph has emerged as a preferred choice for large enterprises for building scalable solutions across multiple platforms and APIs. With its wide access to data and insights, it allows developers to create customer-centric solutions and deliver impeccable experiences across multiple devices to millions of users

Espires top 10 webinars for fy20 21 a win win for us our partners and customers

With FY20-21 in hindsight, in this blog, we share a list of Espire’s top 10 webinars from the past financial year that resulted in win-win for us, our partners and our clients!

7 aspects of a comprehensive cloud strategy to fast track your digital transformation in 2021

A traditional IT set up is not suited for digital transformation. Hence, it has become imperative for organizations looking to fast track their digital transformation journey, to adopt new technology operating models that deploy cloud & attain speed, efficiency, agility, along with robust security. Here are 7 aspects to get you started to formulate a comprehensive cloud strategy

Subscribe To Our Blog

By clicking on "SUBSCRIBE NOW" you acknowledge having read our Privacy Notice.

global-locations

12

+

Global Locations

global-services

100

+

Global Customers Served

resources-certified

1200

+

Resources

technology-partnerships

30

+

Technology Partnerships

years-of-experience

20

+

Years of Experience in Digital Transformation & Total Experience