Cloud gains momentum for business

The adoption of cloud seems to have gained critical mass, with the concept gaining widespread traction in businesses and homes around the world. While this growth is driven by the benefits of a cloud-based approach to business, concerns still remain with regard to the practical challenges of adopting these highly disruptive technologies. Despite the proven cost saving and business advantages offered by cloud computing, some CXOs are still wary about making the shift and addressing the potential challenges that come with such a migration.

Prasad Natu, Senior Vice President and Head – Infrastructure Services, ITC Infotech, says, “There is no doubt that there are several complexities related to cloud migration, but delaying a move or poorly executing the migration process could impact the competitiveness of organizations. CIOs that follow a disciplined approach to cloud migration end up in harnessing unprecedented levels of business efficiency and growth. Organizations that do so in a precipitous manner may run into risks from which it would become difficult to recover. A strategy that smoothly manages cloud transition costs and risks can lead to exponential business benefits.”

In a recent web-based survey of 674 senior executives at organizations using cloud across 16 countries, KPMG assessed the status and impact of cloud adoption around the world. The survey indicated that the majority of organizations have already begun to adopt some form of cloud technology, with all signs indicating that this is just the beginning. According to the study, respondents expect to realign more business processes to the cloud, expand the budget for cloud implementation and spend less time defending the move to cloud to their leadership. In addition, cost savings are already being achieved through cloud adoption. Seven out ten respondents agreed that the cloud environment had delivered significant efficiencies and cost savings which, KPMG says, are creating a greater acceptance for cloud within the boardroom and across the enterprise.