According to a recent study conducted by Rackspace Hosting, cloud computing is delivering cost savings and innovation, but its also setting the groundwork for the next entrepreneurial surge.
In a study of 1,300 U.S. and U.K executives, 62 percent of those surveyed agreed with the statement, “cloud computing is a key factor in the recent boom of entrepreneurs and start-ups.”
Perhaps so many respondents agreed since 43 percent of them had launched their business within the past three years. These respondents agreed that the availability of cloud-based software made it a lot easier to start their business and made it easier to compete with larger companies.
Cloud computing allows entrepreneurs to start up their new venture with little capital. It’s clear that small businesses and start-ups can benefit from the cloud, but what about larger organizations?
Larger organizations can still benefit from the cloud by enjoying the cost savings, particularly in the realm of IT infrastructure.