In a recent study done by Microsoft found that small and mid-sized businesses have shown greater financial success when using hosted IT services (hey, that’s us). The study surveyed 3,193 small to medium sized businesses in Australia, China, France, Germany, India, Japan, the Netherlands, Norway, Poland, Singapore, South Africa, South Korea, Spain, the U.K., and the U.S. A.
Essentially, the survey asked small business owners how important IT was to their business. Once the businesses were broken into 4 sections of varying use of IT services, this data was cross-referenced with the financial earnings of those companies. The result of this comparison revealed that businesses with higher IT focus were more likely to have had increases in average revenue over 12 months! Conversely, businesses that utilized IT services less were more likely to have static or declining revenue averages in the same 12 month period.
Within the IT focused businesses, more than 40 percent of the businesses that use hosted or cloud technology saw an increase of 30 percent or more in revenue. Compare this to participants not using hosted IT, 90 percent of whom saw a profit decrease.
This is a very interesting find, though it is consistent with small business trends in SaaS and cloud computing. Using hosted services are more cost effective and practical in a digital world, so it is no wonder that businesses using these services do well since employees have more time and money to focus on increasing revenue.
That’s our goal at OfficeDrop – to save you time and money, specifically, by eliminating unnecessary costs stemming from the storage, management, and loss of paper. Manage your documents online with OfficeDrop and you too can benefit from hosted IT services. Learn about how cloud content management can help your small business take advantage of enterprise content management, at a fraction of the price by using cloud computing.
[...] just read this blog post referring to a recent study by Microsoft about small businesses using hosted IT services. The study [...]
Great article on the benefits of SaaS for SMB. Managed services truly do allow companies to focus on their operations and spend less time fooling with IT. The scalability and access to top talent are huge factors in the success of companies that are growing.
Hi, its true that IT services remote or online helps to boost benefits from your small business.