Get your Twitter up because we’re hit’n yah with the facts! It’s no secret the cloud ROCKS- but do you know how many of your small business peers have already taken their business operations up up and away? A LOT! And with good reason too, the cloud allows them to grow their business, save money, improve operations and so much more! It’s no surprise that experts expect 78% of small and medium businesses to be utilizing cloud-based services within the next 5 years! There are many cloud services for small business, check out how tons of American small businesses are already using the cloud.
These fun facts are from a great, recent literature review done by the New Jersey Institute of Technology
Who’s Using The Cloud?
43% of American small businesses reported using cloud computing in 2013 (only 5% said they used cloud computing in 2010, just three years earlier).
58% of businesses are using but public and private cloud services for small business.
70% of businesses polled said they would move some, more, or a significant amount of their processes to the cloud within the next 12-24 months
65% of businesses will be utilizing some sort of cloud computing service within the next couple of years
78% of small and medium businesses will be utilizing cloud computing to improve areas such as data security and marketing by 2020
On the other end, an estimated 9% of small business owners still aren’t sure what the cloud is.
Why Are They Using The Cloud?
42% of small businesses are using the cloud for improved data backup and for greater recovery ability
40% love that cloud services afford them 24 hour access to their applications and data, from anywhere!
38% reported that the cloud saved them money on operations and services
35% said the cloud allows them to easily scale and to be more flexible
What Are They Doing with The Cloud?
Most companies use the cloud for several activities, these were the most common:
63% email or collaboration software (such as chats, like Slack)
56% use office & productivity tools
55% use online or “e-commerce” cloud services for small business
54% use an cloud-based IT system
52% perform all marketing functions in the cloud
50% use the cloud for all sales operations
48% use the cloud for customer service needs
37% use the cloud for their HR department needs
What Does The Cloud Do For Them?
According to the New Jersey Institute of Technology study, organizations that adopt cloud services for small business and cloud technologies report greater scaling ability, faster workflows, increased availability, and shorter time to market for their products and services.
40% reported improved ability to move into new geographic markets thanks to cloud-based services
37% said cloud-based technology helped simplify their internal operations
33% said they experienced better delivery of internal resources
31% of businesses reported the cloud helped their employees find new ways to work, connect and collaborate.
23% said cloud-based services and apps helped them achieve faster roll out of new business
So- what are you waiting for?
- The experts also say the advantages available from utilizing the cloud are only growing- check it out!
- Don’t miss this great Inc piece on how the cloud can transform the way small businesses operate.
- 4 Reasons Your Small Business Should Seriously Consider Cloud Computing
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