Global SME Cloud market 2015-2019, to grow at a CAGR of 20.20% over the period 2015-2019.
Deerfield Beach, FL -- (SBWIRE) -- 08/21/2015 -- Global SME Cloud market 2015-2019, to grow at a CAGR of 20.20% over the period 2015-2019. The adoption of cloud-based services is increasing worldwide. Many large enterprises are already experiencing the benefits of using cloud-based technology for their business operations. The scenario is shifting toward SMEs because they can avoid investment on IT infrastructure and reduce operational costs by adopting cloud-based technology for their daily business operations. Cloud also improves performance, efficiency, and security of business operations as well as data. There are many vendors offering cloud-based solutions to SMEs as per their business requirements. A few SMEs have already adopted cloud-based technologies for their business continuity and development. Cloud is considered to be a suitable solution for all industry verticals because of features such as flexibility, automatic software upgrades, enhanced communication, and ease of collaboration between enterprise users. Moreover, SMEs are asked to pay only for the services utilized by them.
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According to the latest report, cloud computing is gaining increased traction among small and medium-sized enterprises (SMEs) worldwide, as it helps them significantly
reduce their operational and capital expenditures.
"Cloud-based services have helped enterprises worldwide cut their IT infrastructure costs by a considerable margin,".
"Microsoft Office for business is a readily available cloud-based solution that has been adopted by several SMEs to cater to their unique business needs."
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Covered in this Report
The report covers the present scenario and the growth prospects of the Global SME Cloud market for the period 2015-2019. The Global SME Cloud market can be classified into deployment and service models, end-users, and geographical regions.
Global SME Cloud Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and growth prospects of the Global SME Cloud market in the Americas, and the EMEA and APAC regions over the coming years. The report also includes a discussion of the key vendors operating in this market.
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The report also emphasizes SMEs that do not require comprehensive solutions for their businesses, but still need customized solutions that can suit the specific requirements of their industry and business. SMEs are price-sensitive and therefore opt for only those features that add value to their overall business paradigm.
"Cloud service providers have started designing applications that suit the hybrid model of cloud computing and provide SMEs with adequate control over their critical infrastructure,"