29 Aug
2016

Enterprises That Trust Cloud Computing Drive Process and Performance

Enterprise cloud adoption is on the rise. According to Forbes, 38 percent of enterprise IT organizations have already embraced cloud computing, and by 2019 almost half of all large companies will leverage this technology.

But what’s driving this widespread use? Cost cutting often gets top billing; however, according to a new Google-sponsored report, increased cloud confidence may do more than boost budgets. The report shows that the cloud also can help drive company-wide performance. Here’s how:

 

Profit

When companies were asked about their levels of trust in the cloud for Google’s survey, 51 percent described it as “somewhat high” or “very high.” Those same high-trust companies reported a 9 percent rise in profitability year over year as compared to 1 percent for enterprises that weren’t so confident about moving to the cloud.

The takeaway from these answers is that just deploying cloud services isn’t enough to drive more than a break-even business framework. Some of the critical factors that take the cloud from passable to profitable include belief in the ability of cloud technologies to empower end users and deliver line-of-business (LoB) value through analytics, threat detection and the Internet of Things (IoT).

 

Transformation

While profit remains to be a key factor in cloud adoption, other aspects of corporate culture and performance correlate positively with cloud confidence. Although the boosted profits are good for business, they simply aren’t enough to justify significant cloud spending.

However, when asked about the “deeper change” brought to their organization by high trust in the cloud, enterprises had plenty to say. Thirty-five percent noticed a decrease in time to market, and almost 40 percent reported increased agility. Just over 40 percent pointed to improvements in their business model, and more than 50 percent said that cloud confidence increased their corporate collaboration.

 

Security

Problems with cloud adoption and trust still remain, though. According to the EIU study, 45 percent of companies cited “security issues” as the primary barriers to increased cloud use. However, even this long-held attitude may be changing as companies discover that in a world of zero-day threats and evolving malware, managing security in-house is an increasing headache.

Beyond the stress and inconvenience of in-house security, the staff and budget required to predict and prevent attacks is prohibitive even for enterprise organizations. This is why many organizations are looking toward cloud security services such as Trend Micro, which focuses on email security, and Nomadesk, which enables businesses to secure, share, sync and back up files. As cloud trust ramps up and security threats make InfoSec a top priority, there’s real value in leveraging cloud-native providers to protect increasingly cloud-dependent infrastructure.

While adopting the cloud can drive cost reductions, trusting in the cloud opens the door to rising revenues, new security solutions and total business transformations.

Related Posts: