How Much Do Managed IT Services Cost for Businesses?

how much do managed it services cost business information technology management

On average, SMBs spend between $10,000 and $49,000 every year on technology. Out of these SMBs, 22% feel like they're spending too much.

Are you part of this demographic? Then you may want to look into managed IT services, as this can help cut down on costs.

In this article, we'll give you a short guide to managed services pricing so you can figure out if it's right for you.

Factors That Affect IT Services Cost

As you may have guessed, there's no single price for managed IT services. The exact amount you'll have to pay depends on several factors. Let's explore these IT costs below.

Your Information Technology Needs

Managed IT services entail quite a few things. They can include:

  • Antivirus updates
  • Managed firewalls
  • IT helpdesk
  • File security
  • Data backup and disaster recovery
  • Employee training

By outsourcing your IT services, you can pick and choose the services you need. Obviously, if you only need IT helpdesk services, then you'll pay a lot less than a client that chooses more services from the above list.

For example, if you're planning on having some sort of small in-house IT team, then you won't need as many outsourced managed IT services; this keeps the costs low. But on the other hand, if you choose to fully outsource, then you'll need to allocate more of your budget to this area.

Your Company's Technology Infrastructure

If your business isn't very tech-heavy and your employees use their computers and phones for very basic purposes, then the managed IT provider won't have to work as hard, meaning the pricing shouldn't be as high.

But if your tech infrastructure requires lots of interconnectivity between laptops, desktops, smartphones, tablets, and more, then this will take more time and effort for the managed IT provider. This may result in higher prices.

The Pricing Model You Choose

There are several pricing models a managed IT provider may have. They can either be a flat fee you pay on a monthly, quarterly, or yearly basis. Or they can be a per-user or per-device pricing model.

If you feel like your IT needs will fluctuate constantly, then either per-user or per-device may be best for you. For instance, if you're just starting out, then your business may grow significantly in the near future, meaning you'll acquire more employees and devices.

Otherwise, flat-based fees will probably offer the most cost-savings in the long run. This is best for companies that are more well-established and won't see exponential growth anytime soon.

If the provider offers all 3 options, then you can even switch from each type, depending on how your business is doing. This allows you to accommodate your budget better.

Consider Managed IT Services for Your Business

Now you know the costs that come with managed IT services, depending on what your company's needs are. As you can see, prices are very straightforward, so you know what to expect whenever you're billed.

For the above reason, it's an excellent idea to outsource your IT. So research some managed IT companies like IT solutions West Palm Beach and start saving some money!

Did you enjoy this article on managed IT services pricing? Then please check out our other blog posts on all things information technology. Visit the Tech section of the Bootstrap Business Blog right now!

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