Published by the Open Group, the study found an impressive 92 percent of surveyed businesses indicated they either currently use some form of cloud computing or have plans to do so in the near future.
However, even as cloud adoption seems to be poised for rapid growth, the study, which surveyed 307 IT professionals, found that 18 percent still harbor data security concerns about the technology. This would suggest that, despite the potential cost savings and flexibility afforded by the cloud, many businesses are still hesitant to utilize the technology.
Additionally, the study found that integration and governance are also top cloud computing concerns among IT professionals.
The fact that many are concerned about data security in the cloud will likely comes as no surprise, as this has been a persistent issue in recent years. However, as more cloud vendors improve their data protection practices and businesses become more comfortable with the technology, many experts now say the cloud is equally – if more – safe as most on-premise IT solutions.
In addition to security concerns, the Open Group also found that many businesses are not prepared to evaluate the value the cloud has. According to the report, only 35 percent of respondents indicated they had the proper mechanisms in place to measure the cloud's return on investment.
This is somewhat ironic, considering cost reduction was cited as the No. 1 benefit of the cloud. Without measuring the ROI, it is impossible for businesses to know whether or not the cloud is actually saving them it money. As the report suggests, business should start measuring the costs and the use of the cloud immediately, as this will allow them to determine the benefits – or, in some cases, the shortcomings – of the cloud more accurately.