Why Innovation Is Moving Off-Premise

Why Innovation Is Moving Off-Premise

Adopting a hybrid cloud strategy can facilitate innovation while meeting customer expectations more readily.

78% of global C-level execs said their cloud initiatives are “coordinated” or fully integrated, compared to just 34% who said they simply “had a solid plan to adopt cloud computing” in 2012.

92% said their cloud efforts have enabled the creation and support of new business models.

91% said cloud deployment has helped them expand into new industries.

90% said the cloud has helped them create new revenue sources.

54% said they’re adopting hybrid cloud solutions to lower the total cost of ownership for IT, and 42% said they’re seeking to enhance operational efficiencies.

42% said they’re adopting hybrid cloud solutions to facilitate innovation, and 40% said they need to meet customer expectations more readily.

Survey respondents said they expect 45% of workloads to stay on dedicated, on-premise servers two years from now, even as cloud adoption expands.

Perceived security/compliance risks and requirements: 47%, Cost structure considerations (i.e. weighing capital expenses versus operating expenses): 41%, Concerns over possible operational disruptions: 38%

57% of C-level execs at high-performing organizations said their company has fully integrated their cloud initiatives, compared to just 22% of those at low-performing businesses who said the same.