NexGen Cloud

Updated Sep 15, 2026
2%
0% YoY
#13

Summary

  • NexGen Cloud ranks #13 within the Neocloud category, maintaining its position month-over-month.
  • As of September 2026, 2% of organizations who have a vendor in the Neocloud category use NexGen Cloud: down < 1 percentage points from last year.
  • NexGen Cloud has the highest adoption among small-to-medium businesses (2%), compared to mid-market (< 1%), enterprise (< 1%), and micro-SMB (2%).

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Key stats

2%
0% YoY
SMB, 61%
2%
#19
#12

Adoption Rates by company size

Company sizeAdoption rate
SMB2%
Mid-market1%
Enterprise0%
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About this data

These insights come from Ramp’s procurement and renewal data, built on real-world transactions observed across our platform. Figures represent aggregated observations from Ramp Procurement and Renewals activity.

DateNew adopter shareCompetitor switch rateDominant FTE segmentAdoption rate (Enterprise)Adoption rate (Mid-Market)Adoption rate (SMB)
Aug 20262%SMB, 61%0%1%2%
Jul 20263%1%SMB, 55%0%1%2%
Jun 20262%SMB, 54%0%1%2%
May 20262%SMB, 51%0%1%2%
Apr 20262%1%SMB, 66%0%1%2%
Mar 20262%SMB, 69%0%1%2%
Feb 20262%SMB, 66%0%1%2%
Jan 20261%2%SMB, 100%0%1%2%
Dec 20252%SMB, 100%0%0%2%
Nov 20252%SMB, 100%0%0%2%
Oct 20251%SMB, 64%0%0%2%
Sep 20252%SMB, 62%0%1%2%
Aug 20251%SMB, 64%0%1%2%
Jul 20252%SMB, 62%0%1%3%
Jun 20251%SMB, 64%0%1%2%
May 20252%1%SMB, 62%0%1%3%
Apr 20252%SMB, 62%0%1%3%
Mar 20256%2%Mid-Market, 62%0%1%3%
Feb 20253%1%Enterprise, 70%0%3%2%
Jan 20252%Enterprise, 70%9%3%2%
Dec 20242%Enterprise, 69%11%3%3%
Nov 20243%Enterprise, 69%11%3%3%
Oct 20243%4%Enterprise, 75%11%3%3%
Sep 20247%Enterprise, 76%13%2%4%

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