Meanwhile, for the first time, Azure took a slight lead over AWS in public cloud adoption.
Cloud computing already accounts for a sizable chunk of IT spending, with major enterprises spending tens of millions annually to keep their cloud operations running. In the past year, however, cloud spending by small and midsized businesses shot up significantly, according to the annual Flexera State of the Cloud Report. As many as 53% of SMBs surveyed in the latest report are spending more than $1.2 million annually on the cloud. That’s up from 38% last year. In this case, SMBs refer to companies with 1,000 or fewer employees. The eleventh annual Flexera report surveyed 753 tech and business professionals from around the world in late 2021. Cloud spending is up for organizations of all sizes, the report shows.
