1 in 2 Indian SMEs use cloud technology for expansion, prioritizing customer support and security compliance.
1 in 2 Indian SMEs leverage cloud technology for business expansion, with 51% prioritizing customer support, and 45% citing enhanced security compliance as main reasons. Public cloud's scalability and affordability are utilized by 52% of SMEs. The number of MSMEs in India is projected to grow at a 2.5% CAGR to 7.5 crore, unlocking access to advanced technologies like AI for SMEs to compete and thrive.
July 17, 2024
3 Articles