Cloud computing is on the rise. About a year ago, a KPMG Survey titled “Embracing the Cloud” concluded that there is an increased readiness to accept the Cloud and harness its benefits. The vast majority of business executives surveyed expected Cloud-related investments to increase in 2012. More recently, a similar survey conducted by T-Systems in late 2012 found that 44% of those business executives are willing to take advantage of more cloud computing solutions in the future. Furthermore, a recent Forrester Research states that half of all enterprises in North America and Europe are planning to create budgets for cloud-related investments in 2013. In the same way, Gartner’s yearly tech prediction also identifies cloud computing as one of the major influence to a worldwide increase of IT spending in 2013. There is a clear global trend towards Cloud computing.
So the next question would be “Why move to the Cloud?” There are many benefits of cloud computing, particularly cost-savings, flexibility and greater efficiency. With cloud computing, there is no need to invest in expensive hardware or software development and maintenance. Companies can improve their business processes through an on-demand, proven technology usually offered at a fraction of the development cost due to economies of scale. This provides businesses who are early adopters with a new form of low risk competitive advantage. Moreover, the Forrester Research report suggests an era of new IT responsiveness and efficiency addressing the economic inflexibility that ails on-premises IT.
All this hype about Cloud services is for good reason. The Cloud simply works when properly executed. According to this article, a recent survey conducted by the Navint Partners, which interviewed chief execs of companies with over 5,000 employees, concluded that many CIOs are happy with the result of moving to the Cloud. The majority (90%) of the respondents claimed they had gotten all of the predicted savings and nearly two-thirds (64%) of the respondents noted a significant impact on their business process efficiency and effectiveness. Also, 80% of the respondents said that the Cloud gave their company a competitive advantage.
Keri Brooke, VP marketing at Host Analytics, said: “Businesses are embracing the cloud and realizing it offers tremendous value and advantages over on-premise applications. This new research reinforces the industry’s shift to a more modern, effective and safe way of doing business.”
It is clear that if your company is not yet using Cloud services, it is very likely that you are missing out.