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Secure or not, enterprises ready to take the cloud bet

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CIOL Bureau
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SAN FRANCISCO, USA: Despite security being a prime inhibitor in cloud adoption, enterprises are open to try out the technology owing to reasons varying from scalability, back-up, archiving, business continuity, collaboration tools, to big data processing.

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This is according to the second annual Future of Cloud Computing Survey by North Bridge Venture Partners.

Also Read: Five reasons why enterprises do not like cloud

Companies are accelerating their trust in cloud solutions, with 50 per cent of respondents confident that cloud solutions are viable for mission critical business applications.

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Scalability remains the top reason for adopting the cloud, with 57 per cent of companies identifying it as the most important driver for cloud adoption. Business agility ranked second among drivers for cloud adoption, with 54 per cent of respondents focused on agility, adds the survey.

Security remains the primary inhibitor to adoption in the burgeoning cloud marketplace with 55 per cent of respondents identifying it as a concern, followed by regulatory compliance (38 peer cent) and vendor lock-in (32 per cent).

Software-as-a-service (SaaS) is currently, and is expected to remain the primary type of cloud investment, with 82 per cent of respondents citing it as in use today, and 88 per cent expecting to use it five years from now.

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Platform-as-a-service (PaaS) and infrastructure-as-a-service (IaaS) will see significant growth in the next five years, with PaaS growing from 40 per cent to 72 per cent and IaaS growing from 51 per cent to 66 per cent.

The top three areas in which "cloud formations" are coming together are back-up and archiving (43 per cent), business continuity (25 per cent), collaboration tools (22 per cent), and big data processing (19 per cent).

Cloud users are shifting sentiments with regard to public vs. hybrid cloud platforms. -- Currently, 40 per cent of respondents' are deploying public cloud strategies, with 36 per cent emphasizing a hybrid approach.

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Within five years, hybrid clouds will be the emphasis of 52 per cent of respondents' cloud strategies.

With an increase in trust of the cloud, big data is emerging as a major focus for vendors and end-users alike. -- 80 per cent of respondents identify big data as the most likely sector to be disrupted by cloud computing.

Vendors identify analytics and big data as the first and second most important cloud service to provide, respectively.

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The majority of respondents (53 per cent) believe that cloud computing maintains a lower TCO and creates a less complex IT workflow.

The findings of the second annual Future of Cloud Computing survey are supported by analysis and reports from the 451 Group and other collaborators alongside North Bridge's own investments. All of these projects an increase in both SaaS and on-premise, hybrid cloud models.

The findings also display a new level of growth and user confidence across cloud platforms.

"GigaOM Pro surveys of IT decision makers confirm the tight connection between big data analytics and could computing," said David Card, VP, research for GigaOM Pro. "And we're also seeing scale, agility and cost-savings as market drivers, balanced against security concerns and a dearth of skilled data scientists."

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