3 Ways to Optimize Your IT Budget for 2023

As we approach the new year, it’s time to start thinking about how to maximize your company’s IT budget to get the services you need for the price you can afford. Fortunately, there are steps businesses can take to plan for the future and ensure their IT budget is allocated properly.

Here are three ways businesses can optimize their IT budget for 2023:

1. Outsource IT

IT infrastructure is an essential component necessary to keep businesses running. Businesses have the choice to have either an in-house IT department or outsource a trusted Managed IT company. While an in-house IT team may seem more appealing, outsourcing is actually a cheaper and more secure option.

An outsourced IT company offers a range of services (including managed IT services, system administration, and cloud computing solutions), while an in-house IT department is only able to handle a limited range of services.

Managed IT companies can also offer more cost-effective and reliable solutions than an in-house team since they have access to the latest technologies and cutting-edge solutions. And, one study discovered that outsourcing IT services to an MSP helped businesses reduce 40% of maintenance costs.

2. Hire One Provider to Have all Services Under One Roof

Hiring just one Managed IT company to handle all of a business’s IT needs can help organizations streamline their operations and ensure they have the best possible solutions. Having multiple companies handling different aspects of the business’s IT infrastructure can be costly, inefficient, and time-consuming.

On the other hand, when a Managed IT company is hired to handle all aspects of the business’s IT infrastructure, it can provide a single point of contact for all services. This also reduces confusion and makes it easier for businesses to stay organized and on top of their IT needs.

3. Proactive Over a Break-Fix Model

The “break-fix” model is an outdated IT support service where an IT company is called in after an issue has already occurred. This reactive approach can be costly because it requires an IT technician to spend time diagnosing and solving problems that could have been avoided with proactive maintenance. 

In fact, any network disruptions and downtime could cost businesses around $300,000 per hour. Opting for an IT company that uses a proactive approach rather than the break-fix model can help Managed businesses save money in the long run. 

Proactive maintenance involves using automated tools and regular checkups to ensure that systems are operating correctly, thus preventing costly problems from occurring in the first place.

Save Money in Your IT Budget with Vexitey, Your Managed IT Company

Businesses recognize the importance of having a reliable IT budget that will meet their current and future technology needs. At Vexitey, we employ a proactive approach to managing our clients’ networks and provide cost-effective solutions that are tailored to meet each organization’s specific needs.

Our IT experts provide businesses with the best solutions and help them optimize their IT budgets for the coming year. Contact us today to learn more about how we can help your business manage its IT budget efficiently and effectively.