Managed IT Pricing: What You Need to Know

As you venture into the modern business landscape, you quickly realize that IT has become as indispensable as the air we breathe.

Worldwide IT spending is projected to total $4.6 trillion in 2023, an increase of 5.1% from 2022, according to the latest forecast by Gartner, which speaks volumes about the rising reliance on Managed IT Services.

However, this boon carries an inherent conundrum - navigating the complex terrain of managed IT services pricing. As Matthew Held, CEO of Manawa Networks observed, "In the complex web of Managed IT Services, clarity in pricing is the golden thread leading to the true value."

In this blog, we’ll go over what you need to know about managed IT services pricing in order to make a fully-informed decision for your organization.

Demystifying Managed IT Services: A Spectrum of Managed IT Costs

Managed IT Services involve delegating your organization's IT operations to external specialists. This allows you to tap into their expertise, freeing your internal resources to focus on your core business tasks.

These services encompass a wide range of provisions, from network administration, cybersecurity, and data backup to helpdesk support, each carrying its own specific managed IT services price list.

The Advantages of Managed IT Services

Managed IT services offer the luxuries of an internal IT team without the attached overheads. They provide a predictable managed IT pricing model, round-the-clock support, state-of-the-art security measures, and access to the latest technology, to name a few.

Decoding Models for Managed IT Services Pricing

Navigating managed IT services pricing necessitates a thorough understanding of the prevalent pricing models.

Per-user pricing

This model bills you based on the number of IT service users. Ideal for businesses with a consistent workforce, it allows for easy budgeting.

Per-device pricing

In this model, your charges depend on the number of devices under management. Suited for scenarios where devices are shared among multiple users.

All-inclusive or flat-rate pricing

Offering unlimited IT support for a flat monthly fee, this model is popular for its predictability. However, it might entail paying for unused services.

A la carte pricing

This flexible option allows you to pay only for the services you require, letting you adapt your managed IT costs to your unique needs.

What Influences Managed IT Services Rates?

Several factors contribute to the overall managed IT services rates. Here are some key ones to consider.

The Complexity of IT Infrastructure

More complex IT infrastructures command higher managed IT costs, given the larger resource allocation required. According to a CompTIA survey, complex IT projects can drive up the cost by up to 60%.

Number of Users or Devices

Naturally, the more users or devices requiring support, the higher the cost. It's, therefore, essential to provide an accurate count when using the managed IT services calculator.

Level of Support Required

The level of support you require, ranging from basic helpdesk services to advanced cybersecurity measures, directly impacts the pricing.

Additional Services

Any additional services like cloud storage or backup solutions will affect the managed IT services pricing.

Location and Size of the Organization

Your organization's size and location can influence costs, with larger, urban-based organizations typically incurring higher fees.

How Much Do Managed IT Services Cost? A Breakdown of the Averages

Here's a table showing the average monthly costs for different pricing ranges:

Note: The numbers above are rough estimates and are used for the purpose of illustration. Actual prices may vary depending on the provider and specific services required.

Keep in mind these are averages, and the actual cost can fluctuate based on the complexity of the IT infrastructure, the level of support required, and additional services availed. Therefore, it's always best to contact providers directly to get an accurate quote for your specific needs.

Learn About our Managed IT Costs When You Consider Manawa Networks for Your IT Needs

At Manawa Networks, we pride ourselves on delivering outstanding, tailored IT solutions without hidden costs.

Transparency and fairness are at the heart of our pricing models. Our experts will work closely with you to understand your unique IT needs, delivering a managed IT services pricing model that maximizes your ROI. You don't need a managed IT services ROI calculator to navigate the complex landscape of IT.