Whatever the type of business you own, it’s important to invest in reliable IT support. Not only does this ensure that your technologies run smoothly, but it also protects you from cyberthreats, such as ransomware, viruses, and phishing attacks.
What’s more, IT support minimizes downtime, which can be costly. In fact, did you know that small businesses can lose $427 per minute to downtime? Bigger companies, meanwhile, can lose as much as $9,000 in the same period. On top of this, these organizations can suffer reputational damage and customer churn.
When obtaining IT support, cost is one of the biggest things you need to consider. In this blog, we’ll discuss factors influencing the costs of IT support and help you determine the best IT support model for you.
When determining the actual IT support costs for your business, it’s important to note that the answer depends on various factors. Let’s look at some of them:
The size and complexity of a business greatly influences the type and level of IT support needed. This can result in varying costs.
For instance, small businesses have fewer resources, simpler IT infrastructure, and less complex tech needs, which can lead to lower support requirements and costs.
Larger organizations, on the other hand, often have more employees, infrastructure, and devices to manage, so they require a greater level of IT support to ensure the organization’s efficient operations.
This reflects the breadth and complexity of IT support packages a business needs. The broader the range of services an organization utilizes, the more expertise, time, and resources are required.
Common IT support packages include:
Some businesses only require basic IT support like standard security measures, network setup, and hardware maintenance. Others, however, may require more complex services or need IT solutions customized to their specific needs. This can significantly contribute to the overall cost of IT support.
When it comes to IT support, businesses generally have two options: building an in-house team or outsourcing to a Managed IT Services Provider (MSP). Each approach has its own advantages and cost considerations.
Managing IT support internally gives businesses complete control over their IT infrastructure, data privacy, and security protocols. However, this comes with significant expenses, including:
Under this setup, an MSP takes over the management and maintenance of a business’s IT infrastructure. This allows organizations to focus on more value-driven tasks that can help make the company thrive.
IT support with an MSP normally has various pricing models. Here are some of the common managed IT services costs:
For small- to medium-sized businesses (SMBs) outsourcing IT support to an MSP can be more cost-effective than hiring an in-house team due to more predictable costs. MSPs also avoid the expenses associated with in-house IT, such as salaries, equipment, and office space.
However, managed IT services can also be a cost-effective solution for larger businesses, especially those that already have an internal IT team. This is made possible through a hybrid model called co-managed IT services, wherein an MSP complements an organization’s in-house IT team.
This can prove useful to businesses lacking the necessary skills for certain IT aspects. For instance, let’s say a business’s internal IT staff doesn’t have enough cybersecurity skills to safeguard the company from threats. To solve this problem, they can hire an MSP who will handle the cybersecurity aspects of IT support, ensuring that the business’s data and systems remain secure.
By taking advantage of an MSP’s expertise and resources, large organizations can save money, access specialized skills and benefit from proactive IT support.
For reliable IT support for your Dallas, Denver, or Los Angeles business, turn to Techmedics. We offer several managed IT service plans that will keep your tech infrastructure running optimally and ensure all issues are taken care of. Talk to us today to learn more about our IT support prices.
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