U.S. firms that use cloud computing services are more likely to export their products and services, according to a new study by researchers at Penn State and the U.S. National Science Foundation (NSF). The study also found that cloud-using firms exported goods and services even more than exporting firms that do not use cloud-based services. Businesses often replace in-house information technology infrastructure with solutions that are generally more scalable, flexible, and cost-effective.
U.S. firms that use cloud computing services are more likely to export their products and services, according to a new study by researchers at Penn State and the U.S. National Science Foundation (NSF). The study also found that cloud-using firms exported goods and services even more than exporting firms that do not use cloud-based services. Businesses often replace in-house information technology infrastructure with solutions that are generally more scalable, flexible, and cost-effective.