Managed Network Services vs In-House Networking
As technology advances, businesses are continuously changing their IT infrastructure, and networking is a critical part of IT. When it comes to networking, there are two options - Managed Network Services and In-House Networking. In this blog post, we will provide an unbiased comparison between these two options to help businesses decide which one suits them the best.
Managed Network Services
Managed Network Services(MNS) is a solution provided by third-party vendors who take responsibility for network management. MNS includes various services such as network monitoring, maintenance, troubleshooting, and security.
MNS has the following benefits:
- Cost-Effective
- Time-Saving
- 24/7 Support
- Skilled IT Professionals Handling The Network
- Up-to-Date Security Protocols
- Scalable
According to a report by MarketsandMarkets, "The Managed Services Market is expected to grow from $185.98 Billion in 2017 to $282.92 Billion by 2023." This shows that businesses find MNS more advantageous in terms of cost and time.
In-House Networking
In-House Networking is when a company employs a team of IT professionals to manage its network infrastructure. It is an expensive option as the company needs to pay for the network hardware, software, and salaries of the IT professionals.
The benefits of In-House Networking are as follows:
- Full Control Over The Network
- Customisable Network Infrastructure
- Confidentiality
In terms of security, In-House Networking is beneficial as the company has full control over its IT infrastructure. However, it can be costly for small businesses.
Price Comparison
A report by Tech.co shows the average cost of Managed Network Services based on the size of the business:
| Business Size | Average Cost/Month |
|---|---|
| Small | $50 - $125 |
| Medium | $150 - $400 |
| Large | $500 - $2,000 |
It is evident that MNS is more cost-effective than In-House Networking.
Conclusion
In conclusion, Managed Network Services suit businesses that need reliable network management, scalability, and cost-effectiveness. Whereas, In-House Networking suits businesses that require a high level of confidentiality and full control over their network infrastructure.
Both options have their advantages and disadvantages, and businesses need to consider the size of the company, budget, and IT infrastructure before choosing one.
References
- "Managed Services Market by Service Type, Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2023" by MarketsandMarkets, November 2018
- "Managed IT Services Price Guide" by Tech.co, August 2021