72% of MSMEs in India plan to increase Cloud spending this year: Vi Business

NEW DELHI: 72% of the micro, small and medium enterprises (MSMEs) across sectors plan to increase their Cloud spending this year, while 76% are investing in cybersecurity on the back of rising cyber threats, according to the findings of a study conducted by Vodafone Idea’s enterprise unit.

‘MSMEs in India are clearly moving from digital curiosity to digital commitment, and that’s an encouraging shift. The sharp rise in investment intent around cloud, cybersecurity, and automation shows that small businesses increasingly see technology as a growth enabler, not just a utility,’ said Arvind Nevatia, chief enterprise business officer, Vodafone Idea, in a statement Friday, on the event of World MSME Day.