Business Frontiers

More and more companies are moving towards the cloud. This is especially true for SMEs and SMBs with enterprise system requirements. There is a reason for this trend.These are the top drivers for cloud computing adoption as per forbes.

• 69% of enterprises have at least one application running in their infrastructure or software bundle or a portion of their enterprise computing infrastructure in the cloud, up from 57% of enterprises, as reported by Forbes in 2012. 18% of these enterprises plan to use cloud-based applications and/or computing infrastructure via the cloud in the next 12 months, and 13% of these firms are planning to use cloud-based solutions and/or systems infrastructure via the cloud within 1 to 3 years.  The graphic below compares three years of survey data:

• Firms’ investment in cloud computing paradigm have increased 19% since 2012 as reported by Forbes and Tech Talk, with the average investment of large-scale enterprises (+1,000 employees) reaching $3.33M in 2014. Mid- and smaller scale enterprises with less than 1,000 employees spent $400K this year on cloud solutions and technologies.  The following infographic highlights the spending breakouts by size of companies: