Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Nearly half of Singapore companies will run their business on cloud by 2020

Nayela Deeba | July 6, 2017
64 percent of the respondents who have moved their business IT infrastructure to the cloud said the migration was easier than expected.


Nearly half (42 percent) of Singapore companies will run most, or all, of their business IT infrastructure on cloud within three years, according to Oracle's 'You and IaaS: The new generation' report.

While negative perceptions around security, complexity and loss of control still present barriers to adoption, they are shown to be outdated myths.

Two-thirds of the respondents in Singapore who are already using infrastructure-as-a-service (IaaS) said moving to IaaS has made it easier for them to innovate, as well as significantly reduced the time taken to deploy new applications or services.

In addition, 61 percent of IT professionals polled said moving their business to IaaS platform has helped reduce maintenance cost.

When asked about their experience of moving to the cloud, 64 percent of experienced IaaS users said it was easier than expected.

Only 7 percent of respondents believe IaaS will not be beneficial to their business in the next three years.

 "These negative perceptions [of cloud] should not be holding back businesses from enjoying greater ease of innovation, cost savings, and reduced complexity that cloud deployment brings. Businesses who are existing IaaS users can attest to this and those who haven't taken the leap should consider why they are not exploiting the advantages that IaaS bring," said Praveen Thakur, Vice President, Cloud Transformation, ASEAN, at Oracle.

Conducted by Longitude Research on behalf of Oracle, the study polled 1,614 IT professionals across Australia, Germany, India, Italy, Malaysia, Singapore, Saudi Arabia, South Korea and UK. It aims to find out the state of respondents' cloud infrastructure implementation and how they expect to use the technology in the coming years.



Sign up for CIO Asia eNewsletters.