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Singapore has embraced the cloud

Anuradha Shukla | Oct. 9, 2013
Second only to the US/Canada in terms of adoption.

Singapore has embraced the cloud and is only second to the US/Canada in terms of adoption, according to newly released global research report commissioned by NTT Com Security.

Sixty-five percent of the 100 IT decision makers in Singapore organisations of more than 500 employees have already moved the majority of their data and services into the cloud.

Those who have not moved are planning to do so within the year. Only one percent of businesses surveyed don’t have cloud services and have no plans to adopt it. 

In Asia, 33 percent of Japanese organisations and 28 percent of organisations in Hong Kong plan to move the majority of their data and services into the cloud within the next year.

Eighty-three percent of Singaporean companies have experienced financial benefits from the use of cloud.

Exploring new technologies

Singapore’s government encourages innovation and this is apparent as 41 percent of local enterprises said they actively explore new technologies.

Thirty-two percent of the respondents in Singapore say that cloud is ‘critical’ to how they deploy and maintain services. Forty-five percent said they give cost the most importance when considering deploying a new service or changing the delivery of an existing service.

In Asia, 38 percent of 100 IT decision makers in Hong Kong organisations of more than 500 employees place most emphasis on security when deploying a new service or changing the delivery of an existing service.

Although Singapore has embraced the cloud, 88 percent of businesses in the Republic said compliance issues slow down cloud adoption. This is the reason why Philip Kwa, vice president of ASEAN at NTT Com Security expects adoption rates in the nation will continue to increase as companies come to terms with these requirements.  

“Singapore falls mainly into the Embracer and Believer groups, much like the US and Canada. Other Asian nations such as Hong Kong fall into the Controller and Accepter personas,” said Garry Sidaway, global director of Security Strategy at NTT Com Security. “But whatever stage businesses are at, cloud is recognised as playing an increasingly important role as companies seek to move into new territories and be competitive on the global stage."

 

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