INTELLIGENT BRANDS // Cloud
Cloud adoption going mainstream, yet few organisations maximising value, says Cisco
Cisco released the findings of a global study indicating that while cloud adoption continues to accelerate, few organisations are maximising the value that cloud can offer. According to the study, nearly 68 % of organisations are using cloud to help drive business outcomes, a 61 % increase from last year’ s study. The increased cloud adoption is being fueled by cloud-native applications, including security and the Internet of Things( IoT) cloud-based solutions.
However, most organisations( 69 %) do not have mature * cloud strategies and only 3 % have optimised cloud strategies generating superior business outcomes.
On average, the most“ cloud advanced” organisations see an annual benefit per cloud-based application of $ 3 million in additional revenues and $ 1 million in cost savings. These revenue increases have been largely the result of sales of new products and services, gaining new customers faster, or accelerated ability to sell into new markets.
The study also reveals that 95 percent of those leading organisations with optimised cloud strategies have built a hybrid IT environment that uses multiple private and public clouds
52 INTELLIGENTCIO www. intelligentcio. com