Each year, North Bridge Venture Partners, Gigaom Research, and many collaborators come together to gauge the present and future of cloud computing. Since 2011, Future of Cloud Computing features some of the biggest names in cloud strategy and as it celebrates its 4th release, compiled results from 1,358 respondents and 72 collaborators. What does the research have to say about the future? Including responses by both users and vendors, this study helps to get a complete view of cloud computing and coverings the following topics:
- Cloud Landscape
- Benchmarking
- Driving Forces
- Inhibiting Forces
- Business Challenges
- Cloud Trends
- Cloud Investments
- Cloud Computing Phase 2
The Cloud Fuels New Business, Strategy, and Innovation
When you think of cloud computing, what do you think? New Solutions to Old Problems? New Companies? New Business? Consider this:- 49 Percent of Respondents are using the cloud for Revenue Generation or Product Development
- 35 Percent choose the cloud as a strategic driver for company innovation
- 45 Percent of Respondents want to or already run their company in the cloud
Front Office Applications Lead Cloud Adoption
As companies move to the cloud, the leading business functions were those of front office applications. These applications already have a fair portion of their applications in the cloud:- 52 Percent of Sales and Marketing
- 44 Percent of Customer Service,
- 44 Percent of Business Analytics
IT Applications are Close Behind
But the Information Technology Department is close behind. Realizing that current upkeep of legacy and on-premise is costing up to 80% of its budget, 60% to 85% will move at least some processing to the cloud within 2 years. Specifically these applications lead cloud adoption:- 63 Percent of Web Presence
- 54 Percent of Communications
- 47 Percent of Disaster Recovery
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Altruas is a full-service technology consulting firm focused on providing mid-market and enterprise customers with technology solutions that accelerate their business. We focus on industry leading cloud, ERP and CRM solution implementation and integration. Our strong business acumen and technology capabilities allow us to create long-term relationships with our clients.