AI and the cloud to unlock billions in annual productivity gains for small and medium businesses: report

Cloud computing and artificial intelligence (AI) technologies are going to unlock significant gains in productivity and job creation as they’re adopted by small and medium businesses tackling economic and societal challenges in fields like education, healthcare and agriculture according to new research.

Amazon Web Services (AWS) and Accenture released a report on how businesses with fewer than 250 employees in those three industries are poised to drive significant increases in economic output in the U.S. and around the world as they increasingly adopt technologies like AI and cloud computing. Micro, small and medium enterprises (MSMEs) comprise about 99% of all global firms, 70% of jobs and account for 60% of gross domestic product across developed