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
- Complete IT support.
- 24/7 monitoring
- Regular updates
- Quick responses to any technical issues
- Strategic advice on the latest technology trends by experts
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?
- Comprehensive IT management
- Proactive maintenance and monitoring
- Enhanced security measures
- Cost effectiveness
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?
- Customizable services.
- Choice to pick between which areas to manage in-house and which to outsource
- Backup monitoring
- Cost effectiveness
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
- Small Businesses with Limited IT Resources: Many small businesses can not afford to hire a full time IT team. That’s why they outsource services to get managed IT Support to overcome the gap of limited resources.
- Organizations Seeking Full IT Outsourcing: For companies that want to focus completely on growing their business usually outsource their IT needs. This makes them carefree about technical issues and their resolution.
- Industries Requiring High Security and Compliance: Industries like healthcare and finance need more security and compliance. They outsource services to meet the necessary regulations and standards. This reduces the risk of breaches and penalties.
Common Use Cases for Co-Managed IT
- Businesses with Existing IT Teams: Those businesses that already have an internal IT team but need extra help should use co-managed services. These services will help them in busy times and when the burden is too much for them. This helps the internal team focus on more important tasks of developing the business.
- Companies Needing Specialized Support: The internal team is not always equipped with the right tools or expertise to handle every IT issue. That’s why external help is required so that the network and systems of the company can run smoothly. Outsourced experts can provide services of cyber security, cloud management, and handling networks. All this could be done without paying the full cost.
- Organizations Looking for Flexible IT Solutions: If you want flexibility in the type of services that you need, then you should opt for co managed IT consulting. these services lets you change services as needed. Businesses that don’t need too much services or don’t have too many resources can always count on these cost effective service providers.
Advantages and Disadvantages of Fully Managed IT
Benefits of Managed Services
- Complete IT management
- 24/7 support and system maintenance.
- Budget friendly pricing
- Enables businesses to focus on main tasks without worrying about technical issues..
Drawbacks of Managed Services
- No more control over IT operations of the company.
- Difficulty in making changes.
- communication gaps between company and external service providers
Advantages and Disadvantages of Co-Managed IT
Benefits of Co-Managed Services
- Get external expert advice but also have control over all operations.
- Services can be scaled up or down with business needs.
- Best for companies that need to fulfill compliance or IT industry requirements
- Improved skills without fully outsourcing.
Drawbacks of Co-Managed services
- Confusion between internal and outsourced teams.
- Requires clearly defined roles for internal and external teams.
- Challenging to maintain two teams working together at the same time.
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.
