Managed IT services are a great way to protect your business from cyberattacks and data breaches. Companies that offer these services can be costly, but almost all have an average cost per month.
On average, the cost of managed IT services comes out to $100/user/month. However, the variables are between $50-200. These numbers were gathered with a cross-referencing survey; learn more below.
In this blog post, we will discuss the costs of managed IT services so you can decide what is best for your business!
Whenever you feel like diving deeper into the intricacies of managed IT services pricing, keep on reading.
What Are Managed IT Services?
Managed IT services are an excellent solution for businesses of all sizes. These service providers offer different kinds of managed IT solutions that can help protect your business from cyberattacks and data breaches while also providing you with greater security and peace of mind.
In addition to these things, nothing on your network goes wrong without being noticed! If there is an issue, the professionals will fix it quickly before any real damage occurs.
What Does This Mean For You?
If you have been thinking about signing up for managed services but don’t know how much it costs precisely, this information may interest you!
Furthermore, we want to remind business owners that managed services are an investment, and as with any other investment, there is always a chance of ROI.
The benefits of using these types of services often outweigh the costs, so it’s essential to weigh all your options before making a decision.
The Two Approaches to Managed IT: Partially-Managed Services and Fully-Managed Services
There are two types of managed services you can choose from for small businesses.
These are partially-managed and fully-managed IT solutions, each benefiting your business! Let’s examine them separately in greater detail.
Partially-Managed IT Services
This type of service is perfect for businesses that want a little help but don’t want to hand over total control of their network.
With partially-managed services, you will have a dedicated technician who will work with you to create and implement a custom solution that meets your specific needs.
They will also be available for support when needed and can train employees on how to use the new system. This option is often more affordable than fully managed services, making it ideal for small businesses on a budget.
Fully-Managed IT Services
Fully-managed IT services are best for businesses that want someone else to care for everything related to their network security. When you sign up for this type of solution, you will have a team of professionals managing your entire network.
They are the ones who install and maintain all hardware related to your organization’s IT needs.
In addition to that, they work with software providers daily to keep an eye out for any bugs or security holes. If there is ever something wrong on your end, these technicians can fix it right away!
What Services Are Included in Managed IT Services?
Many different services fall into the managed IT category, but these three (network monitoring, software support, and security management) seem to be the most popular.
When you sign up for any of these types of solutions, your business will receive regular updates on its performance in all areas. Hence, there’s no risk involved with navigating through unknown territory.
This allows you to stay ahead of things while also staying within budget!
Let’s take a look at these services in greater detail.
As mentioned earlier, network monitoring is one of the most popular managed IT services small businesses are signing up for.
This solution provides you with daily reports on your internet usage, so there are no surprises at the end of each month.
Keeping track of this information can be very hard without some service provider working things out for you!
Another great way managed services help protect a business’ data and assets is through software support.
When it comes time to deploy new applications, various updates, or even replace existing hardware, these professionals can handle everything quickly before any damage occurs – all while staying within budget!
Every business should have access to this resource to ensure their technology investments remain protected.
Last but not least, security management is a critical service that all businesses should have to protect themselves from cyberattacks and data breaches.
By using the latest tools and software, managed IT services can help you keep your company’s confidential information safe – even when it’s not being used!
Furthermore, by using a service like this, you’ll be less likely to experience downtime caused by these types of attacks.
How Does Managed IT Service Pricing Work?
Now that you understand what managed IT services are and the types of benefits they offer, it’s time to learn about pricing.
Unfortunately, there is no one-size-fits-all answer because each business will have different needs.
That being said, here are some things to keep in mind when trying to determine how much these services will cost:
One of the most common pricing models for managed IT services is per-user. With this option, businesses are charged a fixed price for each employee that has access to the network.
This can be a great way to control costs, especially for small businesses with limited resources.
Monthly Flat Rate
Another popular pricing model is a monthly flat rate. Under this arrangement, businesses pay a fixed amount each month regardless of how many users are on the network or what services are used.
This can be helpful for companies that experience seasonal changes in their workforce size, as it guarantees they will not go over budget.
Finally, some service providers charge based on individual projects. This could mean anything from setting up a new network to implementing a new IT security solution.
This type of pricing can be unpredictable and hard to budget for, so it’s essential to make sure you understand all the details before signing any contracts.
One of the most common pricing models for managed IT services is per device. With this option, businesses are charged a fixed price for each device that has access to the network.
This can be a great way to control costs and reduce downtime caused by lost or stolen devices.
The Average Cost of Managed IT Services Per Month
According to an article posted on Forbes, the average cost for managed services is $100/user/month.
To break this down further, this means that if you have 120 employees who use your network regularly, it will cost you roughly $12,000 per month!
If 250 employees are using the system (including remote workers), then monthly costs would be around $25,000.
This estimate was determined by looking at data from different studies and surveys conducted about small businesses in America – most notably one published by CompTIA.
The study showed how much money companies spend annually on security measures and other aspects of technical support, such as help desk services.
Keep in mind that this price is just average, and some companies may charge more or less depending on the needs of your business. It is essential to do your research and find a provider who can offer you a custom solution that meets your specific needs!
Additional Costs and Extras
One thing to keep in mind is that managed IT services usually don’t include the cost of hardware or software. This means that you may need to purchase these items separately, which can add up quickly!
In addition, some companies may charge extra for things like remote support, on-site visits, and other services that fall outside of the typical managed IT category.
Not to mention, if you need to replace hardware or any other significant assets, make sure that your service provider can provide replacements and repairs at a fair cost.
How Much Do You Save?
When it comes time to determine whether managed IT services are worth the investment, look no further than how much money they save you each month!
By using these solutions responsibly, businesses are saving anywhere from 20-40% on their costs. That’s quite an impressive number by anyone’s standards!
Not only do providers help keep security risks under control, but they also essentially take care of all maintenance needs. Simultaneously, this frees up resources for more critical tasks – like growing your business!
Are There Any Other Options Beside Managed IT Services With Similar Results?
If you’re hesitant about the high costs of managed IT services, other options are available.
Depending on what your business needs help with specifically, you may be able to get similar results at a lower price point by using cloud-based solutions or outsourcing some tasks.
Three other prominent services can help you reach similar results. Let’s take a look at each.
On-Demand IT Services
This type of service is exactly what it sounds like. A business can contact an IT provider when they need assistance. The provider will then send someone over to help.
This can be an excellent option for smaller businesses that don’t have the budget for full-time managed services. This applies to companies that only need assistance with specific tasks every once in a while.
The downside to this approach is that response time can sometimes be slow, and you may not always get the same level of support each time. In addition, providers usually charge by the hour, so costs can add up quickly if you need help frequently.
This option is very similar to on-demand services, but with one key difference. The provider guarantees a certain number of hours each month that you can use as needed.
This type of service is excellent for businesses who know they’ll need assistance regularly. It eliminates the worry of overspending or running into an unexpected bill.
The downside to this approach is that not all providers offer block time services. Those that do often have restrictions on what tasks you’re allowed to complete during those hours.
Software Vendor Support
This is an excellent option for companies that want to use their existing in-house IT team but don’t have the time or resources to provide 24/7/365 support. This approach allows software vendors like Microsoft and Adobe to manage your technology needs. It also gives you access to dedicated experts when needed.
Although this solution may be ideal for some businesses, it can also add up quickly if you need outside help each month. In addition, these types of services usually only cover technical problems with hardware and software. Other issues such as security risks or network management problems are not covered.
As an alternative, managed IT service providers offer sufficient levels of expertise across all aspects of IT. Not only do they eliminate most maintenance costs, but they also provide things like proactive monitoring and disaster recovery.
In the end, managed IT services can make a world of difference for businesses that want more from their technology. Not only do these solutions offer valuable benefits at competitive prices, but they free up your in-house resources to focus on growth.
Your IT Managed Properly
Managed services offer businesses protection from cyberattacks and data breaches. They also provide them with greater peace of mind overall.
The managed service costs depend mainly on what kind of plan you decide works best for you and what industry your business falls under. However, most companies charge somewhere between $50 and $200/month for their services.
Deciding whether to invest in managed IT services is a big decision, but it’s essential to weigh all the pros and cons before making your final decision!
Please check out our other related articles on the sidebar to learn more about IT.