There will be a significant increase in paid cloud services over the next five years among small and midsize businesses, according to new research from Edge Strategies and Microsoft.

Based on a survey of IT decision-makers/influencers at more than 3,000 SMBs in 13 countries, the research predicted that paid cloud services will double in five years, while the number of the world's smallest companies using at least one paid cloud service will triple in the next three years.

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