Cloud computing considered must-have technology for firms

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If there is one constant throughout the IT industry, it is that companies must always be on their toes when it comes to implementing new and innovative technologies. In recent years, cloud computing has been at the forefront of such development and, moving forward, will continue to impact how businesses operate.

In the past 18 months, cloud computing, big data, analytics, mobile and social technologies have emerged as IT staples, according to Gartner. The research firm recently indicated that these solutions, called digital technologies, are crucial for corporate success moving forward. However, some CIOs are hesitant to use such options, which may have dire consequences in the future.

“Digital technologies provide a platform to achieve results, but only if CIOs adopt new roles and behaviors to find digital value,” said Mark McDonald, group vice president and Gartner fellow. “CIOs require a new agenda that incorporates hunting for new digital innovations and opportunities, and harvesting value from products, services and operations.”

McDonald added that roughly half of CIOs surveyed by Gartner believe that IT’s role will change during the next three years.

CIOs must embrace change
According to McDonald, corporate CIOs who resist new and innovative solutions like digital technologies are doing a disservice to their firms. There are a number of reasons why businesses should embrace these options to improve performance and operations,support IT applications and ultimately replace legacy systems.

Although some CIOs remain resistant to change, many businesses are leveraging cloud computing to address a number of needs. A survey conducted by Dimensional Research found that 80 percent of corporate executives said the technology’s value was the main reason their firms implemented hosted environments. Nearly 60 percent of respondents said the cloud is ideal for meeting compliance requirements,and more than 50 percent asserted the solution provides a competitive advantage over rivals.

“Our survey findings show business value is an overwhelming driver for cloud adoption among business executives, while CIOs cite a range of reasons for moving to the cloud,” said Dimensional Research Senior Analyst Diane Hagglund.

Cloud computing may still be a relatively new phenomenon in the IT industry, but its uses and affordability continue to attract more organizations to its benefits. If vendors and industry professionals address security concerns, adoption of the technology will likely reach even greater levels.

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