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Secure or not, enterprises ready to take the cloud bet

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

The second annual Future of Cloud Computing Survey

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

The top reason for adopting the cloud

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.

The top three areas in which "cloud formations" are coming at the same time are back-up and archiving, business continuity, collaboration tools, and big data processing.

Increase in trust of the cloud

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.

The majority of respondents 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 as well display a new level of growth

The findings as well 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, technology for GigaOM Pro. "And we're as well seeing scale, agility and cost-savings as market drivers, balanced against security concerns and a dearth of skilled data scientists."

As we witness the growing market in the area of Cloud Computing, no doubt in at once five to eight years most of the applications will be on the cloud. Together, Cloud has made it possible for an enterprise to reduce their investments on hardware and as well has made the work of a developer easier. Check out this special to know more about the growth of Cloud Computing arena and how cloud is contributing to software development.

Storage-as-a-service, will this be an instant success or will it take its own time to be a mainstream innovation, needs to probed. Read More

More information: Ciol
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    "north Bridge Venture Partners"