Rackspace Survey: Cloud Computing Helps Startups Increase Profits
March 5, 2013
Grazed from CloudTimes. Author: Saroj Kar.
Study of cloud computing among 1,300 U.S. and U.K. executives, conducted by Rackspace Hosting with support from Manchester Business School in the U.K., found that cloud technologies enable significant budgetary savings.
The objective of this study was to determine whether to allow companies to reduce the cloud computing technology budgets, and determine where they will then invest the savings. Overall, the researchers were able to count the reduction of the IT budget by 26% of respondents in U.S. companies. The vast majority of all respondents (94%) stated that cloud computing somehow helped them save money…
More than 62% of respondents said that cloud technologies contributed to the increased profits of their company. Most dependent on cloud technologies, according to the survey, were startups: 92% of respondents said the representatives of start-up companies that cloud technologies have played a key role in the early stages of company development…
Read more from the source @ http://cloudtimes.org/2013/03/05/rackspace-survey-cloud-computing-startups-increase-profits/