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In next three years Indian companies will be investing more time, money and skills in cloud

In next three years Indian companies will investing more time, money and skills in cloud

A VMware-commissioned study reveals key CIO priorities in India for the next three years. Conducted by Kantar IMRB, the study suggests how IT/ Data security is a key challenge organizations face in the mobile cloud era and how most organizations surveyed are keen to adopt cloud computing to enhance business agility and efficiency – hence information security and cloud services will have maximum impact on businesses in the next 3-5 years.

As per the research findings, even though organizations are progressively looking for a modern business environment, they are concerned about having a proper security environment in place owing to the open nature of the Internet and increasing cyber threats. 86 percent of organizations see their IT budget increasing over the next 3 years and 80 percent of businesses are willing to invest time, money and skill on cloud services.

The study surveyed IT leaders and decision makers from a number of Indian companies across various verticals, ranging from medium-sized enterprises to very large organizations.

Key insights:

• Companies are willing to invest time, money and skills on cloud services and currently the adoption of the public cloud is high compared to that of private/hybrid cloud. Only basic data such as emails, messaging services, CRM are stored on the public cloud owing to data security concerns
• While business and performance is a key priority, the study indicates IT security is now a major concern and has gone up the business priorities list
• Apart from CIO’s focus on IT operational efficiency and improvement of IT agility, managing security and compliance risk is gaining prominence as a top IT priority for companies

• Despite increase in IT budgets in very large enterprises, CIOs are unhappy as the budget is either insufficient nor aligned properly
• Losing customers’ trust and public disclosure of sensitive data are considered as main concerns by organization

“With nearly 25 percent of all IT workloads being managed in the cloud today, and the number expected to double by 2021, it is evident that the traditional on-premises IT environment is undergoing a profound change. Today, CIOs play an extremely essential role in their organization’s IT, and it is of utmost importance to have enterprise data available always – anytime and anywhere while tightly secured,” said Arun Parameswaran, MD, VMware India. “This study brings to light what CIOs should look out for in the next three years where new security approaches are needed as data center infrastructures increasingly move to the cloud.”

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