2013-02-11 SMB IT Cloud Market Worth $8.6 Billion
The total market for cloud-based IT at small and midsize businesses (SMBs) in the U.S. was worth $8.6 billion at the end of 2010, according to new data from Parallels. The company’s study found an additional $13 billion in potential growth for the SMB cloud, putting the future market value at more than $21 billion.
2013-02-06 Small Businesses Cloud Spending to Top $95 Billion by 2015
In the United States, the SMB cloud market is now $18.9 billion and is forecast to grow at a 19 percent CAGR through 2015. The 2012 cloud services market has grown to $45 billion as at least 6 million small and midsize businesses (SMBs) entered the cloud market for the first time last year, and the global market will continue to grow at 28 percent compound annual growth rate (CAGR) through 2015 to a forecast of $95 billion, according to hosting and cloud services enablement specialist Parallels’ SMB Cloud Insights report.
2013-02-05 Real Opportunity in the SMB Cloud Services Market, with Tim Harmon of Forrester
Delivering one of the Tuesday morning keynote presentations at the Parallels Summit 2013 this year, Tim Harmon, principal analyst at Forrester Research set out to provide the service providers in attendance with a strategy for cracking the SMB market, furthering the emphasis on serving the SMB market developing throughout the show, and at Parallels itself.
He began by touching on a notion that we’ve addressed in the past at the WHIR, which is that the term “small business,” while it has a clear definition, doesn’t do much to describe what a small business is or does. Harmon says there are more than 25 million small businesses in the world, and there are many, many different types of businesses, with different ways of purchasing IT services.
2013-1-16 SMB and Midmarket betting big on the Cloud and Big Data
As part of a series of interviews I did looking back at 2012 and ahead at 2013 and beyond, I had a chance to sit down with Ed Abrams, IBM’s VP of marketing and strategy for SMB. Ed and I spoke about what IBM’s 2012 Tech Trends Report shows. Our full conversation (about 18 minutes long) is available to listen to below.
For me there were several highlights in my conversation with Ed and the trends shown in the report. Perhaps the biggest was the findings that at least for the midmarket and SMB space, security is no longer a significant deterrent in moving to the cloud. For almost as long as we have heard about the cloud, we have heard that security is the single biggest factor that is preventing companies from moving to the cloud. The “cloud bogeyman” as I have called it, to me at least was always more FUD then truth. The fact is most cloud providers have better security then many organizations; especially better than midmarket and SMBs can afford to implement themselves. The fact that security is no longer a significant barrier is welcome news. I am not sure if it is because people realized that security in the cloud is not that bad or if people just don’t care though. In any event I was glad to hear of these findings from Abrams.