How to Evaluate the ROI of a Managed Network for Your NYC Business

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How to Evaluate the ROI of a Managed Network for Your NYC Business

Okay, so youre thinking about getting a managed network for your NYC business, right? managed network nyc . check Smart move! But, naturally, youre wondering, "Is this actually gonna pay off?" You gotta figure out the ROI, the return on investment. Nobody wants to throw money down the drain.


Figuring out the ROI isnt rocket science, but it does take a bit of digging. First, think about what youre already spending. Like, really spend time, and add it up. Are you paying someone in-house to constantly deal with network problems? How much is their salary, and how much of their time is actually spent fixing routers and stuff? managed it security services provider Dont forget the cost of hardware repairs, software updates, and the general faffing about when things go wrong.

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And what about downtime?

How to Evaluate the ROI of a Managed Network for Your NYC Business - managed it security services provider

    If your network crashes, how much money are you losing per hour?

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    Per day? These are real costs!


    Then, look at the "managed" side of things. Get a quote from a few different providers and see what theyre offering. Think about what theyre going to cover, things like security, updates, monitoring, etc. Really grill them on whats included! Make sure you understand the contract, the service level agreement (SLA).

    How to Evaluate the ROI of a Managed Network for Your NYC Business - managed services new york city

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    What happens if things go south? managed it security services provider check What kind of guarantee do they offer?


    Okay, so now you have your two numbers: what youre spending now and what you would be spending with a managed network. The difference is your potential savings. managed service new york But, it aint just about saving money.

    How to Evaluate the ROI of a Managed Network for Your NYC Business - managed it security services provider

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    Think about the benefits. A good managed network should mean less downtime, better security (less chance of getting hacked!), and faster speeds. managed it security services provider All that translates to happier employees and, crucially, happier customers! check That increased productivity and satisfaction... thats tough to put a precise dollar amount on, but its definitely valuable.


    To get a real handle on the ROI, you need to estimate how much those benefits are worth. Maybe you can handle more customers per month because your systems are running smoothly. Maybe you can launch a new product or service more quickly because your team isnt constantly battling tech issues.


    Ultimately, the ROI calculation is pretty simple: (Benefit - Cost) / Cost. So, if your benefit is $10,000 and the cost of the managed network is $5,000, the ROI is (10,000 - 5,000) / 5,000 = 1.

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    Thats a 100% return on investment!

    How to Evaluate the ROI of a Managed Network for Your NYC Business - managed it security services provider

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    Not bad, eh?


    Dont be afraid to be a little conservative with your estimates. Its better to underestimate the benefits and be pleasantly surprised than to overestimate and be disappointed.

    How to Evaluate the ROI of a Managed Network for Your NYC Business - managed services new york city

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    And remember, the value of a good nights sleep knowing your network is in good hands? Priceless!



    How to Evaluate the ROI of a Managed Network for Your NYC Business - managed it security services provider



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