As confidence in the data protection standards afforded by cloud-based services increases, a growing number of companies worldwide are adopting cloud computing solutions.
According to a recent study conducted by Tecala, companies that have deployed cloud computing are reaping the financial benefits of the IT architecture.
The study, which surveyed 113 IT decision-makers in Australia, found that more than 70 percent of Australian organizations have experienced cost savings as a result of deploying cloud-based services. Perhaps unsurprisingly, 69 percent of respondents indicated that they plan to maintain or increase their cloud computing budget by mid-2012.
Cloud computing security remains a concern only for a significant minority of companies, the study found. Approximately 18 percent of respondents said their companies fear that moving to the cloud may involve a security risk.
Nevertheless, the overwhelming majority of those surveyed – 95 percent – said they believe the benefits of cloud deployment far outweigh any potential risks.
Gleuto Serafim, CEO of Tecala, said it has become clear that "organizations are increasingly highlighting cloud computing as a major lever for IT change and investigating its ability to maximize core infrastructure, improve service levels, lower ongoing IT costs, increase agility and enhance user experience and employee profitability.”
Among companies that have not yet deployed any cloud-based solutions, 32 percent indicated that their concern involved risks related to potential bandwidth consumption, while 25 percent said poor user experience and the chance for latency worried them.
Chris Moyle, EMC Australia's channel manager, said the Australian market was one of the first to adopt external service providers, "so it's not surprising that Australian businesses are embracing the deployment of cloud computing."
While most companies may be saving money by adopting cloud computing, this may not be the only reason for migration. In a recent InformationWeek report, a company CFO suggested that access to better technologies is a key cloud benefit.