2%
0% YoY
#14
Summary
- NexGen Cloud ranks #14 within the Neocloud category, up 1 position month-over-month.
- As of October 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 (1%).
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Key stats
2%
0% YoY
SMB, 62%
1%
2%
#9
#12
Adoption Rates by company size
| Company size | Adoption rate |
|---|---|
| SMB | 2% |
| Mid-market | 1% |
| Enterprise | 0% |
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.
| Date | New adopter share | Competitor switch rate | Dominant FTE segment | Adoption rate (Enterprise) | Adoption rate (Mid-Market) | Adoption rate (SMB) |
|---|---|---|---|---|---|---|
| Sep 2026 | 1% | 2% | SMB, 62% | 0% | 1% | 2% |
| Aug 2026 | — | 1% | SMB, 61% | 0% | 1% | 2% |
| Jul 2026 | 2% | 1% | SMB, 55% | 0% | 1% | 2% |
| Jun 2026 | — | 2% | SMB, 53% | 0% | 1% | 1% |
| May 2026 | — | 1% | SMB, 50% | 0% | 1% | 1% |
| Apr 2026 | 2% | 1% | SMB, 65% | 0% | 1% | 1% |
| Mar 2026 | — | 1% | SMB, 68% | 0% | 1% | 1% |
| Feb 2026 | — | 2% | SMB, 65% | 0% | 1% | 2% |
| Jan 2026 | 1% | 2% | SMB, 100% | 0% | 1% | 2% |
| Dec 2025 | — | 2% | SMB, 100% | 0% | 0% | 2% |
| Nov 2025 | — | 1% | SMB, 100% | 0% | 0% | 2% |
| Oct 2025 | — | 2% | SMB, 64% | 0% | 0% | 2% |
| Sep 2025 | — | 2% | SMB, 62% | 0% | 1% | 2% |
| Aug 2025 | — | 1% | SMB, 64% | 0% | 1% | 2% |
| Jul 2025 | — | 2% | SMB, 62% | 0% | 1% | 2% |
| Jun 2025 | — | 1% | SMB, 64% | 0% | 1% | 2% |
| May 2025 | 2% | 1% | SMB, 62% | 0% | 1% | 2% |
| Apr 2025 | — | 2% | SMB, 62% | 0% | 1% | 2% |
| Mar 2025 | 4% | 2% | Mid-Market, 62% | 0% | 1% | 3% |
| Feb 2025 | 3% | 1% | Enterprise, 70% | 0% | 3% | 2% |
| Jan 2025 | — | 2% | Enterprise, 70% | 9% | 3% | 2% |
| Dec 2024 | — | 3% | Enterprise, 69% | 11% | 3% | 2% |
| Nov 2024 | — | 4% | Enterprise, 69% | 13% | 3% | 3% |
| Oct 2024 | 3% | 7% | Enterprise, 75% | 13% | 3% | 3% |
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