Emerging Markets: Emerging Leaders In Cloud Computing Adoption – II

Emerging Markets: Emerge Leaders in Cloud Computing Adoption – II

This is the second part of a two-part article. To read the first part, see: Emerging Markets: Emerging Leaders in Cloud Computing Adoption – I

The TCS report, which was produced after surveying 606 companies across 16 industries, followed by in-depth studies of six – CTB/McGraw Hill, the Commonwealth Bank of Australia, Dell, AOL, an unnamed telecom major and an unnamed CPG company with $5 billion in revenue – provided some interesting results.

  • The biggest driver of cloud applications is not to cut IT costs. Perhaps the most important finding of this exercise – the report indicates that the need “to institute new business processes and launch new technology-dependent products and services” drives adoption more than cost reduction.
  • The early returns on cloud applications are impressive. As a cloud computing website, we have carried several articles attesting to the efficacy of this technology.
  • Customer-facing business functions are garnering the largest share of the cloud application budget. Another important finding – the report says that marketing, sales and service account for 40% of this budget.
  • Many companies are reluctant to put applications containing sensitive data in the cloud. Once again, this is something that has been addressed in multiple articles on this site. As has been repeatedly mentioned, security concerns constitute the biggest impediment to widespread adoption of cloud computing (see: Infographic: Biggest Security Concern with Cloud Computing? and LAPD Refuses To Go On the Cloud).
  • Companies evaluate cloud vendors most on their security and reliability/uptime capabilities. Again, these tie in with the security aspects previously mentioned.
  • The heaviest users of cloud applications are the companies that manufacture the technology hardware that enables cloud computing (computers/electronics/telecom equipment), while healthcare service providers are the lightest users. Incidentally, the latter have been the focus of one of my articles (see: Health Care’s Reservations about Cloud Computing).
  • The key to adopting and benefiting from cloud applications is overcoming the fear of security risks and skepticism about ROI. These concerns have been explored with regard to the US Government in an earlier article (Does Moving to the Cloud work for the US Federal Government? ).

TCS has also published a comprehensive look at the study – its inspiration, key findings and implications – from its CEO and MD, N. Chandrasekaran.

“We have reached the inflection point in cloud computing and there is no turning back. Cloud-based applications are already a substantial piece of large corporate IT infrastructure and the early benefits achieved are too substantial to ignore. There is huge scope for growth in both developed and emerging economies, and we firmly believe that cloud computing will continue to open up opportunities for companies across many different functions,” he said.

What TCS has reported on emerging economies and cloud computing is a trend that has been visible for quite some time. To read about our earlier coverage on this issue, see:

1. Intel and its Vision of the Cloud

2. Cloud Valley: China’s Cloud Computing Initiative and the Man behind It

3. Cloud Computing: Taiwan’s Next Trillion-Dollar Industry

4. How India Stands to Gain from Cloud Computing

By Sourya Biswas

Sorry, comments are closed for this post.

An Old Recurring Revenue Model Gains New Converts

An Old Recurring Revenue Model Gains New Converts

An Old Recurring Revenue Model Due to a range of market forces, a recurring revenue model that’s been used for decades in industries such as airplane manufacturing is undergoing a resurgence. Widely referred to as outcome-based pricing, output-based pricing, and performance pay, it offers companies a compelling way to stand out in a crowded field.…

How Will The Internet of Things Affect The Business World?

How Will The Internet of Things Affect The Business World?

Internet of Things and the Business World? Experts predict that by 2020, the Internet of Things will have a market greater than $1 Trillion, yet despite it being the new buzzword, many people have no idea how this predicted revolution will shape the business world. We’ve all heard predictions of various appliances with sensors, wearable…

Digital Transformation: Miracle and Wonder

Digital Transformation: Miracle and Wonder

Digital Transformation These are the days of miracle and wonder. I’ve been leading a small, global research team at the Tau Institute for the past few years to examine the dynamics of IT adoption in more than 100 countries throughout the world. We’ve developed several indices that show how well these nations are doing on a relative basis. We ranked the nations…

The Cloud on Your Terms – What to look for in an EFSS Provider

The Cloud on Your Terms – What to look for in an EFSS Provider

The Cloud on Your Terms Your company has a mandate to go to the cloud and now it’s time to decide which services to use to help your business grow. You might be wearing several hats or you might be a dedicated IT professional and the responsibility has now been handed to you. So what…

Dreaming of a Cloud Transition and Transformation Framework

Dreaming of a Cloud Transition and Transformation Framework

Cloud Transition and Transformation Framework Many years ago I was introduced to the concepts that comprise the visual architecture process. During the process of learning about the concepts and process of visual architecture, I adopted many of the concepts, ideas and tools to use in my own processes. In particular, there was a component that…

Cloud Service Provider Selection Considerations

Cloud Service Provider Selection Considerations

Why Cloud Brokers Make Sense Different workloads perform differently on different cloud service providers. Enough so that it is prudent in planning to consider the optimal configuration and the optimal CSP for your solution. Consider this old word problem from years ago. One person can carry two buckets of water. It takes 5 minutes to…

CloudTweaks is recognized as one of the leading influencers in cloud computing, infosec, big data and the internet of things (IoT) information. Our goal is to continue to build our growing information portal by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Advertising