In 2022, having a cutting-edge tech solution is a must for a wide spectrum of businesses. However, the IT sector is developing so rapidly that it is hard to keep up with the trends and latest technology advancements. Technologies are actively applied to various business activities, from manufacturing to business management and marketing.
While companies are jumping on the IT bandwagon, IT consulting has become a staple for businesses of all sizes and sectors to find the right digital solution to serve their business needs and satisfy customers’ demands. According to Statista, global spending on digital transformations is projected to reach $2.8 trillion by 2025.
The digital transformation tempo once propelled by the recent COVID-19 pandemic shows no signs of slowing down. Instead, it’s increasing due to customer demand and the need to be on par with competitors. Overall, utilizing state-of-the-art digital technologies can make companies more agile and resilient to any market changes.
With IT consulting, companies can boost their productivity, continue their growth, and increase revenues. IT consulting can help companies navigate the deep waters of software advancements and remain cost-effective. Let’s find out how IT consultants can help grow your business and how high their hourly rates are.
What Is IT Consulting?
The IT industry has tons of tools and technologies to power your business workflows and help you expand. Finding the right one is a real challenge even for IT professionals, but not for IT consultants. AI, ML, big data, IoT, blockchain, and a wide range of other technologies are emerging at a blistering pace. These technologies can completely reinvent your business product or services.
Utilizing state-of-the-art technologies can help make your product more reliable and authentic while leaving all your competitors far behind. And choosing what technologies to use, deciding on which IT strategy to implement, and setting up a new architecture can take valuable time away from focusing on your key business areas. Riding the crests of emerging technologies requires tons of experience that IT consultants can boast of.
IT consulting services are advisory services aimed at finding the right set of technologies and tools for their clients’ business goals. These services can be provided in any sphere of information technologies, including:
- Mobile and web app development
- Information security
- Computer network architecture, and others
Information technology is an integral part of business growth and development in 2022, and IT consulting can help you find the optimal balance between innovations and business strategies. IT consultants evaluate your IT needs and draft a plan to improve your business via the right software tools and technologies.
Thanks to 10 years of IT experience, we know how to power up your business with the right software technologies and strategies. ODG provides IT consulting services to solve your business problems and facilitate your further growth. Contact us for a free kick-off consultation.
Benefits of Outsourcing IT Consulting Services
By definition, consulting services are meant to provide expert advice. This allows businesses to save money and time as well as level up their products and services. Due to the growing digitalization trend, IT consulting services have gained increasing importance because they can help you:
Improve the cost-efficiency of your business
IT consultants are experts on new technologies and the latest software advancements, and their main goal is to help companies find new technology-based ways to increase their productivity and efficiency. While outsourcing IT consulting services, you’ll get a detailed roadmap based on a comprehensive analysis of your business.
Save time and money
According to BMC and Forrester's study, repetitive IT issues affecting all employees can cost Fortune 100 companies more than $100 billion per year. And an IT consulting company can help you save more money and time in the long run due to the right choice of IT technologies, tools, and services.
Focus on your core business functions
No matter what industry you’re in, you can perform best when focusing on your core functions. You can be the most productive while doing what you do best. Figuring out the necessary information about IT and trying to find the best software solutions can cost you even more than you will spend while outsourcing IT consulting services.
Get a perspective from someone with more experience in IT
Researching solutions, adopting new technologies, and resolving IT-related issues can often be a burden for non-tech companies. IT consulting companies can bring a large amount of expertise and experience to your business. Just because something has been done in a particular way for years doesn’t mean it can’t be done in a more effective and efficient way. Based on their experience, IT consultants can lend a new perspective on your usual workflows and help you increase growth and overall performance.
Provide a higher return on investment in technology
The main goal of the IT consultant is to determine the right IT roadmap for your business. As a result, companies can get a higher potential return on investment made in new technology adoption. The field of IT consulting is essential for any growing business to stay competitive in the market and turn tech advancements into a growth driver and your unique selling proposition.
What Influences IT Consulting Prices?
IT consulting rates vary by industry, region, company size, experience, and other factors. Many variables can influence the costs of IT consulting. Let’s go through the key aspects that affect IT consultant rates in more detail:
IT consulting services’ rates may differ depending on the size of the consulting company. The bigger company is, the more you’re going to pay. Here are three main sizes of IT consulting companies:
- Small agencies. As a rule, such companies have up to 10 employees and provide services to startups, SMBs, and midsize local businesses. Small IT consulting agencies usually specialize in one particular area like IT security, mobile app development, or UX/UI design.
Average rates: $80 – $200 per hour
- Midsize companies. Such IT consulting companies have up to 100 employees on board and provide services for medium and small businesses. Midsize companies have an ideal balance between hourly rates and experience.
Average rates: $100 – $250 per hour
- Large consulting companies. These companies cover a broad spectrum of industries and work with Fortune 500 companies and government agencies.
Average rates: $200+ per hour
Consulting agencies focus on one or a few niche sectors to provide high-quality and specialized services. Some companies may focus on blockchain and fintech, while others provide IT consulting services for logistics and e-commerce. For example, ODG offers IT consulting services for the following business domains:
- Fitness and healthcare
- Social media
IT consultants’ experience and qualification level
The salary of IT consultants is directly related to their level of expertise. As a rule, IT consultants have 10+ years of technical experience. According to Glassdoor, an IT consultant gets close to $89,000 per year on average. And IT consultants with C# programming language skills can get up to $102,000 per year. But the more experienced IT consultants are, the more they will get—up to $125,000 per year. So, there are three things that can influence the IT consultant's hourly rates: experience, qualification level, and tech stack.
When speaking about the location factor, it’s obvious that IT consulting rates also vary from country to country and even from city to city. According to Grand View Research, the IT consulting market is showing stable growth of 12% annually, and the US consulting market leads the game.
We’ve analyzed Upwork, GoodFirms, and Clutch to find out how much it costs to outsource IT consulting services in different countries in 2022. Here’s what we found:
The complexity and scope of the project
The more complex your project is, the more effort IT consultants have to put into finding the best tech solution to address all your pains and maximize your business performance. Obviously, IT consultant services for complex projects will cost much more than for simple ones.
How to Choose the Right IT Consultant for Your Project?
The right IT consultant is your key partner to help you make the right choices for your business. A seasoned IT consultant can not only help you make a well-informed choice but also find the optimal solution to support your business workflows and boost the overall performance of your company.
A good consultant is your trusted advisor who helps you untangle the multitude of software technologies and determine the most cost-effective solution. They can be engaged for a particular project, provide extra tech support, or act as retained advisors. To find the best consultant, you have to be clear on your needs and set expectations right from the start. Here’s a step-by-step guide that will help you find your best IT consulting partner:
Determine current and future needs
It’s vital to understand what kind of IT services your business needs before starting to look for a consultant. It could be security issues, a complicated UI, or maybe just a lack of staff to solve specific problems in-house.
Understand your budget
Before shopping around for a consultant, you have to estimate how much you are ready to spend on IT consulting services and on improving your software solution. A realistic budget quote will help your consultant find the optimal solution for your business.
Check reviews and references
Don’t forget to ask for references and to check them. Clutch and GoodFirms can provide independent reviews from clients and tell you even more than the company’s website or LinkedIn profiles.
Request a portfolio
Always ask for a portfolio of previous work plus a proven track record of success so you can assess their skills and overall quality level.
Communication is all about mutual understanding. An IT consultant provides support for your business, and they should stay responsive. It’s better to agree on the expected response times before signing the contract.
Hunting for the right consultant isn’t an easy process, but the benefits and value they can bring to your business are worth the candle. It doesn’t matter whether your business is an international enterprise or a small local business, the adoption of the right IT technologies can bring impressive results and cut your costs significantly.
Level Up Your Business with ODG
We are a Polish mobile and web development company that helps startups earn their place in the sun. Thanks to 10 years on the market, we know all the ins and outs of the software industry. Our IT consultants are ready to guide you through the world of tech possibilities and make your business succeed on the market.
The cooperation with ODG can be anything from simple tech advice on an issue you’ve recently faced to the development of an entire digital transformation plan or the creation of a new software product — it all depends on your current needs. The software industry can offer tons of possibilities for your company, and ODG can show you how to benefit from them.
Tell us more about your business, and we’ll help you find the right software solution.