More CIOs to Embrace Cloud Computing Over the Next Five Years

Cloud Computing Future Still Bright

Sixty percent of organizations will embrace cloud computing over the next five years, according to a new IBM study of more than 3,000 global CIOs.

These CIOs, says IBM, will embrace cloud computing in order to grow their businesses and achieve competitive advantage. A similar study was undertaken by IBM in 2009 and the number of CIOs who said that they would utilize cloud has almost doubled than the last time.

According to IBM, businesses are now demanding more amounts of information due to which there is an increasing demand for simple and direct access to data and applications.

Cloud computing can deliver this in a cost-efficient and always-available manner. Seemingly, businesses recognize this fact because IBM’s study indicates a dramatic increase in the focus on cloud, especially in media and entertainment sector.

Seven out of 10 CIOs surveyed in the U.S., Japan and South Korea, and 68 percent in China, said that they see cloud as a top priority. This number was not so high in 2009, says IBM.

Eighty three percent of CIOs said that business intelligence and analytics were the top priorities for their businesses. Also, CIOs now are focusing on mobile computing to keep pace with the fast-changing marketplace.

About 74 percent of CIOs see both mobile computing and mobility solutions as a game-changer for their businesses, a figure that has increased from 68 percent in 2009.

As technology becomes both an enabler of competitive advantage and embedded in every facet of the enterprise, the role of the CIO has never been more essential,” said Jeanette Horan, vice president and chief information officer, IBM.  “This study provides key evidence of how the capabilities of IT are aligning perfectly with the aspirations of business leaders. The winners will be those companies that understand the power of technologies like cloud, analytics and mobility, and can harness that power to transform their businesses.”

By Anuradha Shukla

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