What are the benefits of buying into an externally hosted platform?

When you opt for a solution where maintenance and operations are handled externally rather than hosting in-house, you can avoid several significant challenges and costs. Here are some of the pains and hassles you avoid:

High Operational Costs:​
  • Labor Costs: Hiring, training, and retaining specialized IT staff can be very expensive.​
  • Overhead Costs: You save on the costs associated with running a data center, including electricity, cooling, and physical space.​

Complex Infrastructure Management:​
  • Maintenance: Regular upkeep, including hardware and software updates, patches, and security measures, requires constant attention.​
  • Scalability Issues: Managing and scaling infrastructure to match business growth or fluctuating demand can be complex and resource-intensive.​

Downtime and Reliability Concerns:​
  • System Failures: In-house teams may struggle to quickly address and resolve hardware failures or software issues, leading to downtime.​
  • 24/7 Monitoring: Ensuring continuous monitoring and rapid response to issues is a significant burden on internal teams.​

Security and Compliance Challenges:​
  • Data Security: Protecting against cyber threats requires advanced security measures and constant vigilance.​
  • Compliance: Meeting regulatory requirements and industry standards (e.g., GDPR, HIPAA) involves rigorous and ongoing efforts.​

Technology Obsolescence:​
  • Upgrading Systems: Keeping up with the latest technology and ensuring systems are not outdated requires frequent upgrades and investments.​
  • Integration Issues: Integrating new technology with existing systems can be challenging and time-consuming.​

By buying into an externally hosted platform, you can focus more on your core activities, while experts handle the above complex and resource-heavy tasks.