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More companies use cloud as part of IT

Anuradha Shukla | Oct. 29, 2014
Findings from Verizon State of the Market: Enterprise Cloud 2014 Report.

65% of enterprises are now using cloud, according to a new survey of Verizon cloud customers.

Verizon Enterprise Solutions' State of the Market: Enterprise Cloud 2014 report states that these enterprises are using cloud technology, services and solutions as part of their IT infrastructure.

35% of enterprises strongly believe in the benefits of cloud and are adopting it aggressively wherever it makes commercial sense.

IT and especially the Chief information officer (CIO) / Chief Technology Officer (CTO) controls more than 80 percent of total cloud spend within the organization. These professionals personally oversee 62 % of cloud purchases.

71% of respondents find IT to be primarily responsible for decisions about cloud and control over 80% of spend on it.

38% of Verizon cloud customers said that the line of business was responsible during the planning phase, which suggests that IT and the lines of business respect are working together to achieve the best results.

Not about savings

Enterprises know that cloud is not only about saving money as only 14% said that reducing costs was their main motive for switching.

32% of companies said business agility was their primary driver for adopting cloud.

84% rated uptime and 70% rated performance as most important factors in a cloud service.

Innovation is helping drive growth in cloud services and according to Ed Anderson, research vice president at Gartner a lot of companies are focusing on one or more of these trends -social, mobile, analytics, and cloud.

"But it's when they converge that it becomes really interesting," said Anderson.

65% of enterprises said that cloud doesn't compromise IT security and 36% said that it actually improves it.

74% of the respondents said cloud has given their company a competitive advantage.



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