AI, Cloud Spur SMB Growth as Security Fears Mount

Small and midsize businesses across the region are accelerating their digital transformation, with cloud computing and artificial intelligence at the core. A new Forrester report commissioned by Crayon shows that 61% of SMBs intend to adopt or expand AI within the next two years. Early adopters of AI cloud spur SMB growth, with many firms reporting notable increases in revenue.

However, the report also underscores a growing concern. As SMBs integrate more AI and cloud-based tools, they face heightened cybersecurity risks. Despite the promise of operational efficiency and scalable growth, many companies admit they are not fully prepared to manage the security challenges that come with these technologies.

Still, the momentum behind AI cloud spur SMB innovation remains strong, even as firms navigate an increasingly complex threat landscape. Decision-makers now face the dual challenge of harnessing digital tools while protecting critical business assets.

Read the full story here:
https://www.scworld.com/brief/cloud-and-ai-fuel-smb-growth-raise-risk-alarms