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92% of CIOs and IT execs ‘feel cloud computing is good for business’

The vast majority of Chief Information Officers (CIOs) and IT executives believe storing big data in the cloud is good for business, according to a new study.

Conducted by Dimensional Research and commissioned by Host Analytics, the research revealed that 92 per cent of people in these roles feel the adoption of cloud computing technologies is a positive step.

Some 67 per cent of respondents said these innovations help IT departments to deliver better systems for less money, with 62 per cent stating that business stakeholders can enjoy more ownership over key applications by utilising software-as-a-service (SaaS) apps.

However, the report acknowledged that the adoption of cloud solutions poses certain challenges.

One-third of respondents claimed their IT staff have been forced to take control of cloud-based services and applications without being asked for their input on whether or not to purchase them in the first place.

In addition, two in three said their employers are still primarily working with on-site apps, while 88 per cent of IT execs and CIOs admitted having some difficulties with SaaS applications.

Diane Hagglund, study author and Senior Research Analyst for Dimensional Research, noted that businesses are currently investing “heavily” in cloud computing technologies.

Our research reveals high optimism and expectations among CIOs and IT executives for cloud adoption and value, but also hurdles including the anticipation that IT will end up operating cloud applications bought by other areas of the business and without input from IT,” she said.

“In overcoming these and other hurdles to adoption, good communication is essential, but not always existent.”

Her comments came shortly after a CapGemini study discovered that big data has become just as important to North American businesses as capital, labor and land.

Nine in ten executives and IT leaders surveyed by the management consulting and IT services group identified data as the “fourth factor of production”.

Speaking on the topic recently, Kognitio CTO Roger Gaskell noted “We have had large clients running their analytical platform entirely in the cloud since the mid-1990’s; the interaction is seamless to the end-user in the business.  With the cost of cloud computing coming down significantly over the past few years, we expect to see more organizations hosting their key analytical applications there.”  Kognitio Cloud has offered a managed service private cloud Platform-as-a-Service (Paas) since 1993, and added a public cloud offering in 2011.