Do You Know How Much Your SMB Spends on IT?

IT is a critical component of business, and companies are devoting a large portion of their budgets toward it. This trend is expected to grow as we become increasingly reliant on technology in the workplace. This anticipated growth is not limited to large companies—a new update of the Worldwide Semiannual Small and Medium Business Spending Guide from International Data Corporation (IDC) forecasts that total IT spending by small- and medium-size businesses (SMBs) will approach $568 billion during 2017. Moreover, this number will increase by more than $100 billion to exceed $676 billion by 2021. These statistics show that SMBs recognize the value of IT, with IT hardware, software, and services helping them to improve productivity and keep up with the competition.

However, unlike larger corporations, many smaller organizations simply don’t have the room in their budgets to keep these IT expenditures in-house. That’s why SMBs are increasingly outsourcing the management of the IT environments to Managed Services Providers (MSPs). If your SMB is struggling under the weight of a costly in-house IT staff or unable to afford the IT resources you need to keep up with your competitors, outsourcing the management of your IT environment to an MSP could be the answer to your technology problems. Contact us today to learn more about our Managed Services solution!