As we draw near the end of 2011, there are many predictions around the IT industry trend for 2012. The recently published "Nucleus Research Top Ten Predictions 2012" places emphasis on the rise of cloud computing (prediction #2). According to the article, cloud computing was proven to be nearly five times more productive than the traditional development in 2011. Furthermore, the article also states, “When companies do have money to spend, their two main choices are technology and people. A recent Nucleus survey found technology is winning hands down, with 50 percent of US companies planning to increase their technology spend in 2012 [Nucleus Research l106, Nucleus 2012 IT spending survey, September 2011].” Thus, many firms will look into increasing their productivity via technology adoption next year.
Another 2012 outlook by M/C Partners published in the TechJournal South titled “Top ten communications, tech, and media industry trends for 2012” also acknowledges the emerging enterprise adoption of cloud-based services (prediction #2). Consequently, this will “drive demand for network-based managed services that will provide critical monitoring and management of application and service performance across LANs, MANs, WANs and the public Internet.”
So the trend is clear. Businesses are moving towards cloud computing to take advantage of its many benefits including increased productivity, cost savings, accountability and sustainability. In today’s construction industry, online document control, online planroom, and online bidding are examples of cloud computing technologies that are increasingly adopted.