According to a recent survey from Softchoice, just 43 percent of IT leaders said their organizations have been able to stick to their cloud budgets. The same number confessed to not understanding how to create an effective cloud management strategy. Obviously, if you don’t know how to manage your cloud services, you’ll probably have trouble managing the costs involve with those services.

Although the concept of the cloud in terms of multiple users sharing computer resources has been around since the 1960s, the modern version of the cloud didn’t start to take shape until the late 1990s. Then came Salesforce, Amazon, Google and others with now ubiquitous cloud offerings that can be accessed from any device.

Cloud adoption among small to midsize businesses (SMBs) continues to increase because cloud capabilities and applications line up nicely with the business goals of smaller companies. The cloud is cost-effective and mobile-friendly, and it allows organizations to automate business and IT functions across the organization to boost productivity.

Small to midsize businesses (SMBs) can improve market access, cash flow and profitability by more than 300 percent as a result of the “dexterity and flexibility” enabled by adoption of cloud technology, according to a new study from Microsoft and the Thought Arbitrage Research Institute.

In our last post, we discussed the total cost of ownership (TCO) of collaboration tools. Lacking a coherent collaboration strategy, many organizations adopt multiple collaboration solutions from multiple vendors, and don’t have much of a grasp on how much it all costs.