Whether you own a small business or a multi-billion dollar conglomerate, at one point or another your company will have to make some big decisions about how it is going to operate. One of those decisions that can save your business money in the long run has nothing to do with office supplies or employee wages, but rather whether you should hire an Information technology department and keep all of the technology within the company under your control, or outsource IT services so you don’t have to pay for them.
If you’re considering outsourcing your information technology whether because you want to focus on sales initiatives instead of maintaining software programs, or due to a lack of available funds – there are a number of ways this decision can save your organization money. Here are five reasons why outsourcing your IT can save your business money in 2022:
1. You’ll Spend Less on Expenses Than if You Hired an In-House IT Department
In 2016, the average salary for a full-time information technology professional was $79,141. That means at a minimum, hiring a full-time head of IT would cost you more than a six-figure sum every year. If you were to take that total and multiply it by three employees – which is how many people most experts recommend companies have in their internal IT departments – you’ve spent over one million dollars per year. With that much money going into staff salaries alone, it’s no wonder why some businesses choose to outsource because they want to reduce expenses.
2. You’ll Access the Most Up to Date Technology- You Will Get Better Customer Service
Whether you are a local or multinational organization, there’s no denying that your IT department is responsible for ensuring company data stays secure. And with the latest advancements in technology, it can be difficult for one person or even multiple people to keep up with all of the updates and patches that need to happen on an ongoing basis.
By outsourcing your information technology services, you gain access to professionals who can implement better security practices because they have more experience keeping up with emerging technologies. Outsourcing may cost more initially than hiring an internal team, but over time you will save money because these experts can configure systems so they are optimized for ease of use and functionality.
3. You Will Have the Resources You Need to Expand
One of the biggest reasons why businesses choose to outsource their information technology is because they need to expand into new markets. Whether you’re planning on entering a new region or trying to increase your market share in another area, having an internal team can slow you down and reduce cost effectiveness.
Always hiring employees with the most up-to-date skills and expertise means spending more money than necessary, and taking valuable time away from other areas of your company that could be growing faster if resources were not being dedicated towards keeping your technology infrastructure running smoothly. If you want to find new ways to generate revenue but don’t have enough staff members at your disposal, outsourcing your IT can be a viable solution.
4. You Will Have More Time to Focus on Other Areas of Your Business
One of the primary benefits of outsourcing your IT is that it allows you to free up time and resources so that you can focus on other areas of your business. Whether that means expanding sales initiatives, developing new products or services, or simply trying to improve customer service, having a dedicated team managing your technology can take away from your ability to do what you do best.
5. You Could Potentially Save Money On Your Disaster Recovery
The final reason why outsourcing your information technology can save your business money in 2022 has to do with disaster recovery. When something goes wrong with your technology infrastructure – whether it’s a natural disaster, hacking attack, or something else – it can cost a lot of money to get everything up and running again.
In fact, recent studies have shown that the average business pays around $8,000 per hour when they have to bring in an outside consultant to help with disaster recovery. With the right outsourcing partner, you can put in place a comprehensive disaster recovery plan that will help minimize downtime and keep your business running smoothly – even in the face of major calamities.
Technology is essential for businesses of all sizes in 2022 , and making the decision to outsource your information technology can be one of the best things you ever do for your company. By freeing up resources, improving security, and gaining access to the most up-to-date technology, you can save money and focus on what you do best. Contact a trusted outsourcing provider today to learn more about how they can help your business grow.