74% of SMBs to Increase Cloud Software Spend

Friday Mar 4th 2011 by Datamation.com Staff

In addition, 51 percent of small businesses plan to increase their spending on collaboration software.

InformationWeek: A new survey from vendor Egnyte reveals that 74 percent of small and medium sized businesses plan to increase their spending on cloud-based software this year. In addition, the report says that 51 percent of SMBs will spend more on collaboration software.

These businesses could be willing to spend more on software because of the recent improvements in the economy. Steve Hilton of Analysys Mason notes, "The global economy is turned around, so in the developed markets of the world, small businesses are starting to see their businesses grow again."

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