SMB IT Spend Surpasses Large Enterprise, Says Pax8 CEO Scott Chasin

ExecEdge··Read original
3▲2 ▼0Impact / 5
Summary · why it matters

Small and medium business IT spending has overtaken that of large enterprises, Pax8 CEO Scott Chasin said during a fireside chat at Pax8 Beyond 2026 in Salt Lake City. He attributed the shift largely to a wave of AI-native businesses entering the market. Chasin also highlighted that agentic AI deployment in SMBs remains a massive, largely untapped opportunity, with only 90,000 to 100,000 managed service providers serving about 400 million SMBs worldwide.

Impact on assets 5

Cloud & Digital Infrastructure▲ · 2 stocks
Cloudflare Inc
NET
▲ PositiveDemandrelevance

SMB IT spending growth and AI adoption could increase demand for Cloudflare's services

Artificial Intelligence▲ · 1 stocks
Microsoft Corporation
MSFT
▲ PositiveDemandrelevance

SMB IT spending growth and AI adoption could increase demand for Microsoft's cloud and AI products

Defense & Geopolitical Fragmentation▲ · 1 stocks
Cybersecurity & Digital Trust▲ · 1 stocks

Off-coverage companies 1

Pax8Private± Mixed
relevance

© 2026 MarketIVNews