How Much Should Managed IT Cost
Cost Transparency | Small Business

How Much Should Managed IT Cost?

There are many factors that go into determining the cost of IT support. IT spending varies by industry, size, and location. Furthermore, the variance is dominated by company size, with smaller businesses paying substantially more than larger businesses. Despite this bizarre fact, it’s important for all companies, big and small, to obtain IT services that provide the specific support they need to securely operate their business. 

Since the pandemic, the demand for IT support services that cater to companies working from home has majorly increased. Nevertheless, the cost has stayed relatively the same. Let’s take a quick glimpse at a recent survey of IT costs by ZD Net. As of 2019 (before the COVID outbreak), small businesses with fewer than 20 employees could expect to pay an average of $3000 per year for IT labor services across the board and could expect to pay approximately $2000 per year in various per-user software license and subscription fees. After the back-end software, computer hardware, and IT infrastructure is accounted for, the overall budget could end up at around $8000 per employee per year. 

The average cost of IT management services for all industries combined is approximately 3% of revenue. That percentage does vary by industry with manufacturers and retailers spending less and tech-driven companies spending more. Nevertheless, it’s a surprisingly normal average for most types of businesses. However, if your total IT spending is less than 2% or more than 4% of revenue, you may want to contact your IT consultant and request an audit to determine why.

Connetic’s managed IT services consist of pricing that fits well within these industry norms. In fact, our IT services and solutions are well below the average cost of most IT service companies. Our transparent fixed-rate pricing allows us to provide our clients with more robust service options and brings large-business efficiencies to our small-business customers. We strive to make IT services for small businesses as affordable and efficient as possible.

How Connetic Can Help

Connetic solves IT; it’s as simple as that. The Connetic team has the unique training, knowledge, and expertise necessary to ameliorate the risks caused by the new hacking economy by implementing real security for our clients through comprehensive security audit practices, security framework compliance, and the comprehensive implementation of security solutions such as multi-factor authentication, log aggregation, and our 24/7 alerting and monitoring infrastructure.

Connetic is an IT service company that achieves superior data security for their clients by implementing simple, yet effective, multifactor solutions on all of their information technology services, including cloud service, traditional server-based services, and bring-your-own-devices. Learn more about Connetic’s approach to data security: CLICK HERE.

 

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