More Evidence that Cloud Computing is a No-Brainer for Small Businesses

According to Smart Company, an Australian-based publication, cloud computing gives small businesses a 106% productivity boost.

“Small businesses that use cloud computing were 106% more likely to see a revenue rise in the past year, according to new MYOB research, although only 16% actually use cloud computing in their business.”

Other results:

  • While only 16% of the businesses surveyed said they use cloud computing in business, this is up from 14% in MYOB’s July 2012 report.
  • Those who do use cloud computing were 106% more likely to see a revenue rise in the past year than those who don’t, up from 53% in July.
  • Business operators in the cloud were not only more likely to see a revenue rise in the past year, they were more likely to expect one in the next year (37% versus 28%).

These numbers could be a bit skewed.  Businesses that leverage cloud computing are more likely to be more innovative, thus more likely to increase productivity, as well as turn that productivity into profit.  However, cloud computing is becoming not only a good fit for small business, but the only fit that make sense moving forward.

The issues around cloud computing adoption by small businesses include a lack of understanding of cloud technology, and which cloud computing flavors (IaaS, PaaS, or SaaS) are right for them.  However, many small business now support cloud-only IT shops.  As these businesses grow, they could end up with an advantage over the larger players that are still bound to traditional IT approaches and technologies.