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This SaaS model has intrigued many in the SMB market and new data by Spiceworks found that IT spending is on the rise with a steady growth in cloud computing. The enthusiasm for SaaS was not embraced immediately by everyone. In early 2010, Spiceworks discovered that while such technologies as “virtualization was high on the list of planned spending, newer technologies such as cloud computing didn’t make the cut.”

However, that story changed and by the end of 2010 the report showed that the big growth…was in cloud services, which are currently used by 28-percent of SMBs, double that from the mid-year 2010 level (14 percent). By the middle of this year, cloud usage among SMBs is expected to rise to 42 percent.”