Your managed services vendor is probably under water.

Your managed services vendor is probably under water.

The cost of labor has dramatically increased, especially for technology skill sets. Labor is the core cost for managed services companies, and their margins are likely suffering. Some agreements may be under water.

Vendors will work to restore profitability. They may cut corners, nickel and dime, and renegotiate. Here are some thoughts on what to expect and how to respond.

Published by Steven A Nichols

I am the founder of Banyan Business Outcomes LLC. I've spent my career helping technology companies get closer to their clients, and helping clients leverage technology companies to create value.

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