The advantages of cloud computing appear to be growing as businesses realize the potential of migrating mission-critical applications to hosted environments. A recent survey of corporate executives, CIOs and employees by Dimensional Research found that 80 percent of executives believe the cloud offers their companies greater value. Nearly 60 percent of CIOs said the technology helps meet compliance requirements and 51 percent said that using the cloud represents 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 Senior Research Analyst Diane Hagglund. “Better compliance and increased competitive advantage were also identified as key drivers.”
Another clear advantage of cloud computing is that it allows organizations to replace aging IT systems. The survey found that more than 60 percent of participants said mission-critical apps have not been updated in some time, while 14 percent said important software has not been updated in more than four years.
The cloud is considered to be a more cost-effective option than on-premise systems. On-site solutions require expensive upfront investments, while hosted environments can be use on a pay-as-you-use service model.
One of the most significant benefits of cloud computing is the technology’s online backup ability, which allows companies to store important data off-site so information remains accessible during a disruption. InfoStor recently surveyed several industry experts to get their takes on what will happen next regarding developments in technology. According to to Gytis Barzdukas, senior director of product management at an online backup vendor, cloud backup will be a popular options for companies in 2013.