KPMG have reported that SMEs have driven cloud services during the recession, with the cloud-services industry now reportedly worth $2.2billion.

KPMG have detailed that cloud-services now has come to represent the most popular form of SaaS service model.

Gartner have identified cloud as the fastest rising service in global IT outsourcing market, identifying the service as worth $250 billion

Steve Watmough, partner at KPMG’s CIO Advisory team, said in regard to cloud: ““The attraction, especially for smaller business, lies in organisations no longer needing to find funds for infrastructure, deployment or training”.