The cost savings of using IT managed services versus hiring an in-house IT team


The Cost Savings Of Using IT Managed Services Versus Hiring An In-House IT Team

Creator: Mohamed Hassan - License: CC BY-SA 4.0


The cost savings of using IT managed services versus hiring an in-house IT team

As businesses grow and technology becomes more complex, the need for IT support also increases. However, hiring an in-house IT team can be a costly and time-consuming process. That's where IT managed services come in. In this article, we'll explore the cost savings of using IT managed services versus hiring an in-house IT team.

What are IT managed services?
IT managed services involve outsourcing certain IT functions to a third-party provider. These services can include network monitoring and maintenance, cybersecurity, cloud computing, data backup and recovery, and more. The third-party provider is responsible for managing and maintaining these services, freeing up the business to focus on its core functions.

The cost of hiring an in-house IT team
When hiring an in-house IT team, businesses must consider the costs of recruiting, hiring, training, and managing employees. Additionally, the cost of hardware, software, and licensing can quickly add up. According to a survey by CompTIA, the average salary for an IT professional in the United States is $89,732 per year. When you factor in benefits, bonuses, and other costs, the total cost of an in-house IT team can easily exceed $150,000 per year.

The cost savings of IT managed services
Using IT managed services can be significantly more cost-effective than hiring an in-house IT team. Managed service providers typically charge a fixed monthly fee based on the services provided. This means businesses can budget more accurately and avoid unexpected costs. Additionally, businesses can scale their IT services up or down as needed, without the hassle of hiring or firing employees.

Improved efficiency and productivity
IT managed services can also improve the efficiency and productivity of a business. By outsourcing IT functions, businesses can focus on their core functions and leave the technical work to the experts. This can lead to increased productivity and reduced downtime due to IT issues.

Access to the latest technology
Managed service providers are responsible for staying up-to-date with the latest technology trends and advancements. By using IT managed services, businesses can take advantage of the latest technology without the need for additional investment. This can give businesses a competitive advantage and help them stay ahead of the curve.

Improved cybersecurity
Cybersecurity is a major concern for businesses of all sizes. Managed service providers specialize in cybersecurity and can provide businesses with the latest security measures and best practices. This can help businesses avoid costly data breaches and protect their sensitive information.

Conclusion
In conclusion, using IT managed services can provide businesses with significant cost savings compared to hiring an in-house IT team. Not only can businesses save money, but they can also benefit from improved efficiency and productivity, access to the latest technology, and improved cybersecurity. By outsourcing IT functions to a third-party provider, businesses can focus on their core functions and leave the technical work to the experts.