A new Microsoft research conducted by Edge Strategies predicting a significant increase in paid cloud services over the next five years among small and midsize businesses (SMBs). The research includes survey responses from IT decision-makers or influencers at more than 3,000 SMBs in 13 countries.
According to survey results, "paid cloud services are expected to double in five years, while the number of the world's smallest companies using at least one paid cloud service will triple in the next three years," Microsoft posted.
In fact, the research finds "59% of companies currently using cloud services report significant productivity benefits from information technology, compared with just 30% of SMBs not yet using the cloud," added Microsoft.
"SMBs worldwide are embracing cloud services to reap those benefits and stay ahead of competitors -- 50% SMBs say cloud computing is going to become more important for their operations, and 58% believe working in the cloud can make companies more competitive."
Moreover, despite a sluggish global economy, 63% SMBs using cloud services today expect to grow in sales in the next 12 to 18 months while 55% believe technology will power their growth.
The move to the cloud represents a major opportunity for service providers, and partnering with Microsoft offers the most complete set of cloud-based solutions to meet SMB needs.
You can download the copy of the survey results here.