Around 37% of SMBs are fully adopting cloud services

Around 37% of SMBs are fully adopting cloud services

Around 37 per cent of small businesses are currently fully adapted to cloud computing.

That is the verdict of a new US survey, which also claims that the number of businesses that will be compliant to the cloud will increase by 80 per cent by the year 2020.

The research, from Emergent Research and Intuit Inc, believes that cloud technology is not only capable of having a positive impact on the efficiency of small businesses, but will also help to “redefine the rules for achieving long-term success".

Terry Hicks, vice president and general manager, QuickBooks Online Ecosystem at Intuit, said: “Whether you’re a tech startup in Silicon Valley or a mom-and-pop shop on Main Street, cloud technology presents radically new opportunities, and potentially disruptive changes.

“This report is all about developing a deep understanding of how small business can stay ahead of the curve.”

The studyis the first in a new series of research papers, entitled “Dispatches from the New Economy”. The series aims to explore how the shifts in the economy, technological landscape and society will impact small businesses over the course of the next few years.

In this opening paper, researchers claim that small businesses will look to adapt to the cloud by taking advantage of specialised services that can be seamlessly combined with back-office operations.

For instance, businesses that manage to successfully adopt the cloud won’t have to invest time and effort on the finance, marketing and human resources side of operations as the cloud will help to offer a comprehensive tailored solution.

Once the cloud is implemented, businesses will be able to gather individuals together in order to help form an effective team. Those firms will be capable of operating virtually, allowing employees to work remotely.

Perhaps the most encouraging advantage of the the cloud is the fact that researchers believe it will help SMBs become better equipped to compete with larger firms.