Cloud computing is the delivery of computing services over the Internet, and it offers many potential benefits to small and medium-sized enterprises (SMEs). Implementing information technology solutions and platforms can be complex and costly for SMEs. Cloud computing can help ease this burden by enabling SMEs to access services that they might not have the money or resources to implement on their own.

3.  Cloud computing is the delivery of computing services over the
Internet, and it offers many potential benefits to small and
medium-sized enterprises (SMEs).
 Implementing information technology solutions and platforms
can be complex and costly for SMEs. Cloud computing can help
ease this burden by enabling SMEs to access services that they
might not have the money or resources to implement on their
own.
 Like enterprise cloud computing can be proved commercially
viable for many small and medium enterprises due to flexibility
and pay as you go model.

5. Some facts of SME’s using cloud technology:
• The European SMB Cloud Service market will grow from
€18.9B this year to €30.1B in 2018, attaining a 17% compound
annual growth rate (CAGR).
• 64% of SMBs in Western Europe are already using cloud-based
software, using three applications on average.
• Worldwide adoption rates of cloud technology in SMB are also
strong. India leads the pack with 32% growth in cloud
adoption rates, followed by Brazil (29%), China (22%), and the
United Kingdom (18%).
• 78% of U.S. SME businesses will be fully adapted to cloud
computing by 2020, more than doubling the current 37

6. Advantages of cloud
computing for Small and
Medium Enterprises

7. Reduced cost:
Cloud computing helps SMEs to reduce CAPEX and OPEX both regards to IT
resources, power and energy. Cloud computing brings down the cost related
to purchase and up gradation of hardware because infrastructure is
managed, owned and maintained by service providers. So in short we get up
to date software solution without placing too much cost on the business.
Data storage:
Business gets unlimited data storage from cloud which can be expanded at
any given time.
Pay- as -you- go model:
With the help of cloud technology SME’s pay for software only when they
use the service, instead of buying the same. SME does not have to invest in
expensive data centers. So in short SME can enjoy enterprise level
technology which normal IT budget may not be afford.

8. Remote access:
With the help of cloud computing technology SME can access data and
information from anywhere anytime. This is beneficial to workers who are
working remotely.
Easy to implement:
Implementing cloud based solution is very easy as compare to other
hardware installation. With cloud computing SME can have different
applications together. Sophisticated and high level of data protection is
available with cloud computing.

9. Conclusion
By putting the power and potential offered by technology in the
hands of smaller organizations, cloud computing helps them
survive and prosper in an increasingly competitive, dynamic
marketplace.
The need of the hour is for these organizations to realize the
potential of the technology and make the most of the benefits
that it offers.

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