Algo rhythm: Small and medium-sized businesses path to cloud | Business Standard News

Clipped from: https://www.business-standard.com/article/technology/algo-rhythm-small-and-medium-sized-businesses-path-to-cloud-121122700009_1.html

83% of enterprise businesses say cloud solutions have helped their business recover from Covid-19

54% of traditional SMBs believe cloud solutions have aided their recovery

Small and medium-sized businesses (SMBs) make up a huge part of the economy, but SMBs face unique challenges when it comes to running their business and selecting technology solutions. The Covid-19 pandemic forced businesses to adapt and rethink how they operated, which included a reassessment of their technology infrastructure and use of cloud services. They, however, also face unique challenges when it comes to selecting technology solutions as a survey by DigitalOcean, along with research agency AspenFinn, shows:KEY FINDINGS27% of traditional SMBs, 31% of tech-focused SMBs, and 24% of enterprises list pandemic recovery as their biggest challenge Cloud adoption:83% of enterprise businesses say cloud solutions have helped their business recover from Covid-19 69% of tech-focused SMBs agree with the findings 54% of traditional SMBs believe cloud solutions have aided their recovery 52% of traditional SMBs consider themselves a cloud native business compared to 71% of tech-focused SMBs and 86% of enterprises