3 Things Startups Need to Know to Move to the Cloud
April 16, 2015
Grazed from Xconomy. Author: Shellye Archambeau.
Despite concerns around data security, businesses are optimistic about the cloud. In fact, software-as-a-service adoption has more than quintupled from 13 percent in 2011 to 72 percent in 2014, according to a cloud computing survey conducted by North Bridge Venture Partners and Gigaom Research.
For startups, the cloud has always been a great equalizer, enabling nascent businesses to compete on par with their larger, more established counterparts. In a Rackspace survey on the economic impact of the cloud, a quarter of small and medium enterprises indicated that they had increased profits by at least 25 percent, and up to 75 percent, as a result of cloud computing…
What’s more, 84 percent of companies were able to increase their investment back into the business by up to 50 percent, and 34 percent saved between $7,500 and $45,000 on IT spend—all because of cloud computing…
Read more from the source @ http://www.xconomy.com/san-francisco/2015/04/16/3-things-startups-need-to-know-to-move-to-the-cloud/