What’s the Difference Between Fully Managed IT vs Co-Managed IT Services?

Sometimes handling your own business’s IT requirements becomes difficult. While looking for an IT solution to this problem, you come across the decision to choose between Fully Managed and Co-Managed IT services. As an IT Expert and spend more than 5 years in IT Sectors I will help you narrow your choice down for you. It will guide you to decide which one is the right pick for your business. Let’s dive into the details of the two. Let me first explain to you what is actually Managed IT Services: Know About Managed IT Solutions For Your Business What is IT Managed Services? Hiring the services of a third party to manage the IT operations of a company is called Managed services. The outsourced providers are responsible for taking care of security matters, data privacy and network management. This saves you a lot of time and extra money. This also helps your business run smoothly. According to a survey, companies spending on outsourcing IT services globally has exceeded $731 billion in 2023. It is clear from this data that with the growing technology, more businesses are outsourcing their technical needs. Lets explore why do you need managed IT Service either fully or co-managed IT What are the benefits of Managed IT Services Who Benefits Most from IT Managed Services? The businesses that can not afford to have an internal IT team benefit most from managed services. Data says that 37% of small businesses outsource at least one form of IT process. Small and medium sized businesses are mostly the ones that hire these services. Hopefully it will be clear for you what Managed IT is. Now let’s move to explore Fully vs co-managed IT. Fully Managed IT: Definition, Benefits, Who Needs What Is Fully Managed IT? Within this services company hire Managed Service provider to full time and hand over the entire IT Task to operate. The IT MSP handles all aspects of IT management, allowing your business to focus entirely on core operations without worrying about technical details. What are the Benefits of Fully Managed IT? Who Needs Fully Managed IT Solutions? Businesses without an internal IT team, or those looking to fully offload IT responsibilities, benefit most from fully managed services. This is ideal for companies seeking to streamline operations, reduce costs, or enhance their overall IT infrastructure. Co-Managed IT: Definition, Benefits, Who Needs What Is Co-Managed IT? This is the type of service in which the internal team of the company collaborates on certain matters with outsourced Managed IT experts. There are many reasons why outsource managed IT services are Important for local business. This way your team maintains control over important business tasks and hands over the complex ones to external experts. What are the Benefits of Co-Managed IT? Who Needs Co-Managed IT Solutions? Businesses that already have an internal IT team but need extra help are the ones to opt for co-managed services. These services are helpful for businesses that have started a new setup. It’s also a great option for those who are starting new and complicated projects. Major 5 Differences between Managed vs. Co-Managed IT 1. Service Scope and Flexibility Outsourced IT is a complete service including all IT tasks of the company. Whereas co-managed service gives you the freedom to pick the services that you want. 2. Control and Customization By outsourcing complete IT service you give all control to the hired team. While with a co-managed service, major operations are handled by the internal team. The hired team helps them out in certain tasks. 3. Cost Comparison between Managed IT vs. Co-Managed Some companies find it easier to hire an external IT team to manage their IT tasks than spending money on providing tools and training to their own team. But the companies that like freedom hire a co-managed IT expert that works hand in hand with the internal team. This might be a little costly but it comes with the freedom. 4. Scalability and Growth You can scale up or down with both managed and co-managed IT. But they both do it in different ways.Full managed service providers can quickly change their services to match your company’s needs. This gives your business more resources as it grows. While co-managed services only help to improve certain technical skills of your internal team. Common Use Cases for Managed IT Common Use Cases for Co-Managed IT Advantages and Disadvantages of Fully Managed IT Benefits of Managed Services Drawbacks of Managed Services Advantages and Disadvantages of Co-Managed IT Benefits of Co-Managed Services Drawbacks of Co-Managed services Transform Managed IT Experience with TTR Technology The choice between fully managed and co-managed IT can be a difficult one. It basically depends on the needs of your business. Fully outsourced services offer full time support while co managed services give collaborative effort with the internal team. If you want to make the right choice, then you need to determine the direction you want your business to grow in. measure the weightage of the advantages and disadvantages of both services and decide which service suits you the best. If you’re looking for expert advice with your IT needs? Reach out TTR Technology to get a free consultation for Managed IT Services and Solutions and manage your business effectively.