Information technology is no longer the cryptic rarity it used to be — the now fundamental commodity unfailingly contributes to rapid business growth around the globe. IT as a Service (ITaaS) is the prominent and increasingly popular cloud-based business model for delivering hardware, software, and technology support to businesses. These managed service models handle end-to-end technology architectures – from startups to full-fledged enterprises.All business sizes benefit from ITaaS, which is probably why Market Screener predicts a 31% revenue increase in the sector in the next five years. While companies of all sizes are shifting toward these models, ITaaS is especially beneficial for startups.All of which are obvious prerequisites for successful startups, but scalability is the no-brainer. ITaaS is a subscription service, so sizing up or down expenditures as businesses require allows them to efficiently react to changing capital levels. ITaaS will also prevent cost overruns when capital is modest and expedite growth when capital suffices.
Blog courtesy of Synoptek. Read more from Synoptek here.
How ITaaS Benefits Startups
Don’t assume ITaaS to be just a service—ITaaS is a business model that works in tandem with internal IT departments. ITaaS discards old tech silos for new self-service and third-party offerings in an integrated framework driven by the business, not the technology. These new architectures create unparalleled business value – especially for startup organizations. At its core, ITaaS drives innovation within a market-driven sustainable model. The practical benefits of ITaaS for startup organizations include some of the same benefits of any cloud service model:- Minimal investment on upfront IT costs
- Subscription-based predictable and transparent costs with no overhead spikes
- High potential for tax advantages
- 24 x 7 x 365 monitoring and support
- Frequent cloud security updates
- Zero hardware and software depreciation
- Streamlined scalability