What defines a progressive small to medium business (SMB)?

According to Cisco, it’s an SMB which is “increasingly encroaching on the territory of their larger competitors”.

Yet the biggest takeaway from the Cisco research is that these SMBs, if they are to become more progressive, will need to move to the cloud.

Other checkpoints for progressive SMBs are utilising the mobile workforce, collaborating in person and embracing social media.

Cloud computing is increasingly seen as a viable option for small and medium enterprises, even if they don’t realise it.

Back in September, a survey from Australian cloud software provider MYOB revealed that nearly four in five companies surveyed (79%) didn’t use the cloud for business, despite evidence that it would be good for their business – 44% of SMEs surveyed in the cloud expected their revenue to rise in the next 12 months, as opposed to 22% of those not in the cloud.

Have a look at the infographic below (click to enlarge):