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Prioritize employee benefits, closing skills gaps and IT investments as you grow your business
Atlanta, Georgia, April 12, 2023 – Liquid Web, a market leader in cloud hosting solutions for small and medium-sized businesses (SMBs), recently released research results on business success during COVID-19. announced. The findings show which factors have contributed to business growth over the past five years.
Our analysis shows that companies that grew during the study period focused on improving the working environment for their employees, outsourcing where necessary, and expanding their IT infrastructure.
“We recognize that growing a business is difficult, especially with the complications of COVID-19 over the past few years, so it’s no surprise that staffing and IT challenges have surfaced,” Liquid Web said. said Terry Trout, senior vice president of marketing. “That is why we have created a broad portfolio. fully managed We offer hosting solutions for SMBs, packaged with expert support. As an extension of their team, we can monitor and manage their servers, patch security vulnerabilities, and fix problems before they even notice. We are more than just an expense on their IT budget. We are partners in their success. ”
Key findings during the 5-year growth period:
- 40% of companies increased employee compensation.
- 52% of companies hired new talent to address learning gaps within their organizations.
- 75% of companies have outsourced half of their additional staffing needs.
- 62% of companies expanded their IT infrastructure to accommodate larger virtual machines.
Participants in this study are U.S.-based business owners, partners, and executives. Participants were from companies with fewer than 5,000 employees that had expanded within the past five years.
About Liquid Web
Built on 25 years of success, our Liquid Web family of brands provides software, solutions, and managed services for mission-critical sites, stores, and applications to SMBs and the designers, developers, and agencies they create for. Masu. Liquid Web (managed hosting), Nexcess (digital commerce cloud), and StellarWP (WordPress software and tools) manage over 500,000 sites, have over 100,000 software subscribers, and over 2 million free software users. I am holding it. Together, we have assembled a world-class team of industry experts, provide unparalleled service with 24/7 solution engineers, and own and manage 10 global data centers. As an industry leader in customer service, this rapidly expanding family of brands has been named to INC. Magazine’s 5000 Fastest Growing Companies for 12 years. Learn more about the Liquid Web family of brands.
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About the author
Jackie Cowan
Jackie Cowan is the Communications Manager at Liquid Web. She earned a master’s degree in communications from Ithaca College, a master’s degree in library and information science from the University of Pittsburgh, and a bachelor’s degree in management information systems from the University of Michigan. She has 10 years of experience in technical and billing support, search engine optimization, and spearheading projects to enhance corporate culture.
