MSP performance benchmarking
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Whitepaper · 36 Pages · 2024 Edition

MSP Performance Benchmarking Study 2024

Industry benchmarks and KPIs for evaluating managed service provider performance in the Australian mid-market

Executive Summary

Data-driven benchmarks for MSP performance evaluation

This comprehensive benchmarking study analyses performance metrics across 147 managed service providers serving Australian mid-market organisations. Our research reveals that organisations with formal MSP performance monitoring experience 67% higher satisfaction[3] and significantly reduced downtime.

However, the data shows concerning gaps: only 54% of MSPs consistently meet industry response time standards[2], and only 61% maintain current security certifications[5] despite universal claims of "enterprise-grade security."

Critical Performance Benchmarks

Incident Response Times

Industry-standard response and resolution benchmarks

Priority 1 - Critical

Response Time:< 15 minutes
Resolution Target:< 4 hours
MSPs Meeting Standard:54%

Priority 2 - High

Response Time:< 1 hour
Resolution Target:< 24 hours
MSPs Meeting Standard:68%

First Call Resolution (FCR)

Percentage of issues resolved on initial contact

Top Performers

72-85%

Exceptional service delivery

Average Performers

45-58%

Room for improvement

Below Standard

<45%

Requires intervention

Security & Compliance Metrics

Verification beyond marketing claims

Current Security Certifications (ISO 27001, SOC 2)

61%

Despite 94% claiming "enterprise-grade security," only 61% maintain current third-party certifications

Regular Penetration Testing (Annual Minimum)

48%

Less than half conduct annual penetration testing of their own infrastructure

Documented Incident Response Plan

73%

Majority have documented plans, but only 42% test them annually

Technology Stack Currency

Systems within vendor support windows

High Performers85%+

Proactive patch management and lifecycle planning

Average Performers62%

Reactive approach creates security and compliance risks

Implementing Performance Monitoring

Essential Monthly Metrics to Track

  • Average response time by priority level
  • First call resolution rate
  • Ticket backlog and aging
  • System uptime percentage
  • Security patch compliance rate
  • Systems outside vendor support
  • Recurring incident patterns
  • Project delivery vs. timeline

Download the Complete Benchmarking Study

Get the full 36-page report including detailed performance metrics, industry comparisons, quarterly tracking templates, and sample SLA schedules based on these benchmarks.

Request Full Report

Free download · Includes tracking templates · Updated quarterly

Data Sources & Methodology

[1] Australian MSP Industry Analysis 2024: The Australian managed services market reached $8.2 billion in 2024, with mid-market organisations (50-500 employees) representing 42% of total spending.

[2] MSP Response Time Standards: Industry benchmark for Priority 1 incidents: <15 minutes response, <4 hours resolution. Priority 2: <1 hour response, <24 hours resolution. Only 54% of Australian MSPs consistently meet these standards.

[3] MSP Customer Satisfaction Study: Organisations with formal MSP performance monitoring report 67% higher satisfaction rates and 34% lower unplanned downtime compared to those without structured oversight.

[4] First Call Resolution Analysis: Top-performing MSPs achieve 72-85% first call resolution rates for common incidents, while average performers achieve 45-58%.

[5] MSP Security Compliance Research: Only 61% of MSPs maintain current security certifications (ISO 27001, SOC 2) and regular third-party security audits, despite 94% claiming "enterprise-grade security."

[6] Technology Stack Currency Analysis: High-performing MSPs maintain 85%+ of client systems within current vendor support windows, compared to 62% for average performers.