Cloud computing offers a way to reduce costs, improve flexibility or create scale to achieve their business objectives. TPI survey results indicate large corporations are interested in cloud computing because it offers myriad benefits without the huge investment of capital and resources. For small and midsized companies, cloud computing offers the promise of robust and highly scalable computing solutions nearly equal to those available to their much larger competitors, but without the same level of investment.
“Nearly four out of five companies are considering cloud computing solutions to the complex business problems they face,” said Kevin Smilie, Partner, TPI in the announcement. “Right now, though, only about three out of five are moving forward – and most of those are working on pilot projects or low risk services to test the waters and identify the issues.”
TPI Research found five concerns consistently arose in corporations’ discussions about migrating business services to the cloud. A total of 79 percent of respondents say cloud data security is inadequate or unclear. Half of the respondents fear non-compliance with regulatory requirements, and half fear issues with business continuity or disaster recovery. Integrating cloud solutions with legacy systems is a concern for 49 percent of respondents, and 49 percent are concerned that others may gain access to company data.
Valerie Valentine is senior editor for Information Management. You can follow her on Twitter @ValValentineIM.
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