Working in a business setting is vastly different now than it was in the past. This is due in large part to the computing environment that we live in— today everyone expects immediate and easy access to their data. One such way is through cloud computing. Those in positions of power within a business are discovering not only the importance of cloud computing, but also what the cloud can do for their business.
Now leaders are learning how the cloud is working to bridge the gap between employees who are used to instantaneous access to their data and the technology they need. A survey of 500 executives by KPMG found that cloud computing usage by executives is roughly 42 percent. This is almost 3 times higher than it was only two years ago. This survey also shows that executives are hoping that integrating cloud computing into their companies will help drive up employee productivity and satisfaction.
Many may question how the cloud was able to boost productivity so much in such a sort amount of time. Previously, executives used the cloud simply to cut costs associated with applications and data centers. Moreover, they cared little for how their employees felt about the arrangement. But as the cloud continues maturing, it’s becoming more useful for both employees and management.
Another factor in how cloud computing is changing relies on the economy. Two years ago, the US economy was struggling; however, it has rebounded enough that we’re saving money and the cloud is returning value at a high level. Thus, the challenge with the cloud has begun shifting from cutting jobs to save money and working to find individuals who can help enterprises achieve all they can.
For those executives who have embraced the cloud already, 37 percent say that it has helped them make improvements to interactions with customers, suppliers and partners. When asked, other executives who use cloud computing state that they’ve seen improvements in overall business performances (73 percent), service automation (72 percent) and an overall reduction in costs (70 percent).
With all the improvements that cloud computing has brought to businesses, there is still a grey area surrounding the risks associated with cloud computing. Roughly 53 percent of executives still claim they lose data and risk their company’s privacy. Luckily, even though there are still concerns over data security, the concerns have lessened in recent years.
Since 2012, fears over intellectual property theft has dropped from 78 percent to just 50 percent and fears over data loss/privacy risk has dropped from 83 percent to 53 percent.
Cloud computing will continue to grow and evolve in the coming years. In order to stay abreast with these changes, visit our blog and knowledge center , or contact our experienced team of cloud computing consultants at Innovative Architects today.