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Cloud takes more than 10% of IT budgets in many companies

Seventy per cent of all Australian business using Cloud computing services are looking to boost their Cloud-based solutions budget significantly over the next 12 months, according to research firm, Frost and Sullivan.

Additionally, 53% of companies who are currently utilising such services are spending over 10% of their total IT budget on Cloud, while 31% spend more than 20%. This comes as a result of business agility, increased standardisation of IT infrastructure, and the ability to lower overall IT costs through Cloud. “Cloud-based solutions enable organisations to focus on other aspects of operations by freeing up key resources previously dedicated to other IT services,” Frost Asia-Pacific ICT practice datacentre and Cloud computing industry analyst, Mayank Kapoor, said.

Source: ARNNet

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