View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
November 29, 2010

Three-fourth of companies to use enterprise-class cloud computing offerings within five years: Savvis

62% rate security as a critical factor when evaluating cloud offerings

By CBR Staff Writer

Enterprise-grade cloud computing offerings are either currently employed by 75% of companies or planned to implement enterprise-grade cloud over the next five years, according to a new study by cloud infrastructure and hosted IT offerings provider Savvis.

The Enterprise-Grade Cloud Computing Adoption: Trends and Purchase Requirements report revealed that IT usually identifies projects and areas that could benefit from cloud and informs the business.

However, out of 172 chief technology officers surveyed, 23% of respondents reported that business leaders sometimes bypass IT and purchase offerings on their own.

The report said that 60% consider it extremely or very challenging to find the right cloud computing offering for their companies, and 69% perceive cloud computing offerings as offering greater flexibility.

Further, 64% expect spending on hosted, on-demand and/or cloud-based software at their companies to increase over the next year while 62% rate security as a critical factor when evaluating cloud offerings.

The study showed that as enterprises look to move mission-critical applications to the cloud, many are concerned with the privacy and security of their data, and the performance of their cloud-based applications.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU