Cloud adoption is at an all-time high, with more than 90% of organizations using cloudbased technology and services. According to Wipro FullStride, Cloud computing boosts gross margins and profitability – and Enterprises aren’t the only ones capitalizing on cloud. Deloitte reported that small and medium sized businesses (SMBs) that use cloud computing realized 21% more profit and grew 26% faster. It’s no wonder 54% of SMBs spend more than $1.2 million on the cloud, and IDC says SMBs will boost cloud spending by 31% to support adoption.
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