The costs of Managed IT Services vary greatly depending on the type of company. Small businesses often don’t have the resources to hire a full-time IT department, so they may be able to benefit from a fully managed service. However, if you are a mid-sized business with a high workload, you might want to consider a partially managed service. The cost is typically dependent on the number of users and the amount of data stored on your company’s network.
Managed IT services may cost several thousand dollars a month, and you may be surprised at the costs. However, remember that the cost of downtime can be much worse. With these services, your IT department will take care of most of the maintenance and troubleshooting for your network.
Barriers to in-house IT
For businesses with a large IT department, in-house IT staff is the traditional solution. They are paid at the upper end of the pay scale and are trained to deal with emergencies as they arise. The downside of this approach is that it can be very time-consuming and take valuable resources away from core business functions. Managed service providers, on the other hand, have access to a wide range of specialists who specialize in specific IT areas.
Small businesses may be more reluctant to implement new technologies due to steep learning curves, sunk capital costs of on-premise infrastructure, and expensive migration projects. It can also be difficult to evaluate all the options available. Managed service providers (MSPs) are familiar with the challenges faced by small businesses and can offer assistance in navigating the options. They will assess hardware and software options, and will offer training to employees on how to use the new technology. They will also provide reporting and business intelligence.