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Statistic
53 percent of SMBs spend more than $1.2 million on public cloud spend in 2021.
Flexera: 2022 State of the Cloud Report
View Statistic Source, Methodology, And Link
Publish year:
2022

Report Methodology

The report explores the thinking of 753 respondents from a survey conducted in late 2021 and highlights the year-over-year (YoY) changes to help identify trends. The respondents—global cloud decision makers and users—revealed their experiences with cloud migration, cloud computing, and their insights about the public, private and multi-cloud market.

Why it Matters

This statistic matters because it highlights the growing adoption of public cloud services by small and medium-sized businesses (SMBs). The fact that over half of them are now investing significant resources in cloud technologies indicates that they recognize the advantages of scalability, flexibility, and cost-effectiveness that the cloud offers. This shift can drive innovation, improve business agility, and enable SMBs to compete more effectively in a digital-first world.

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