It seems no one wants to be in the hardware business.
According to Intel Security, over half of upcoming enterprise IT spending will go toward cloud resources. They call it “a tipping point in IT.”
Approximately 1,200 IT professionals from around the world were asked about their respective companies’ computing budgets for the next 12 to 18 months. Intel summarized the findings in their report, “Blue Skies Ahead? The State of Cloud Adoption.”
With all of this money being thrown at cloud investment, it seems people are finally getting comfortable with the idea of remotely hosted data and applications. According to the report’s authors, confidence is definitely on the rise: A whopping 77% of respondents said their organization trusts cloud computing more now than they did a year ago.
But there are still a host of cloud-related concerns going around — and they’re probably not what you’d expect.
A Lack of Visibility
Senior IT executives taking part in the CanadianCIO Executive Roundtable this week (an IT World Canada jam) echoed Intel’s inclination of mass cloud adoption.
The execs also made some great points about potential issues they’re watching out for. Surprisingly, privacy and security didn’t top the list. Instead, they cited concerns about:
- Unclear service agreements,
- A lack of transparency in billing,
- Confusion about terms for ending agreements,
- The risk of data being withheld, and
- Inaccessibility due to a lack of compliance (for companies that need to abide by strict data storage regulations.)
For more on the roundtable, check out IT World Canada’s article, A ‘cloud-first’ business strategy — the key to a competitive edge: CanadianCIO Roundtable.
Unlike security concerns, the above issues seem to be surmountable through careful vendor selection and thorough contract vetting.
Ready or not, the future is cloudy. It will be interesting to see if confidence continues to rise.