July 22, 2010 – A new report found that 78 percent of corporate IT decision-makers have had internal discussions about cloud computing. TPI, a sourcing data and advisory firm and a unit of Information Services Group, Inc., surveyed more than 140 corporate IT decision-makers globally for their perspectives on cloud computing and where it fits into their service delivery strategies.

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.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access