Wednesday, 26th August 2009, 12:24:00
The amount of money spent on managed hosting solutions by small and medium-sized businesses (SMBs) is likely to increase by the end of the year, recent figures suggest.
According to research conducted by market research analyst and consulting company Techaisle, some £8.74 billion is likely to be spent on the technology during this period, which represents an increase of 9.2 per cent year-on-year.
The growth rate of managed hosting spend is likely to increase to 9.7 per cent during 2010, the report indicated.
Anurag Agrawall, chief executive officer and vice president of research at Techaisle, commented: "SMBs are now looking beyond infrastructure investments as their respective countries slowly emerge from the global downturn."
The expert added that of the total amount spent on managed hosting, SMB spend accounted for 46 per cent.
Earlier this month, Forrester analyst Phil Sayer said in an article for Computing.co.uk that managed services are particularly popular during difficult economic times as companies look to cut costs and implement systems quickly.
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