Home » CEO Briefing Newsletter » Almost 40% of Companies Now Rely on the Cloud

Almost 40% of Companies Now Rely on the Cloud

The data storage landscape is quickly changing and many companies are switching to cloud computing as the storage of choice.  Advanced Micro Devices (AMD) completed a survey of information technology professionals and found that an increasing number of companies are switching to the cloud. A sizeable 37% of companies now trust their tech operations to …

The data storage landscape is quickly changing and many companies are switching to cloud computing as the storage of choice.  Advanced Micro Devices (AMD) completed a survey of information technology professionals and found that an increasing number of companies are switching to the cloud.

A sizeable 37% of companies now trust their tech operations to the cloud or other web-connected data centers.  And, of those that now rely on the cloud, a majority uses it to store a significant amount of information.   Almost two-thirds (63%) of cloud users are currently storing more than $250,000 worth of data in the cloud.

The cloud can be used for a multitude of business applications, but the most common use is email services. Closely following email, however, is finance and accounting – crucial operational information.  Rounding out the top five uses are web serving, marketing and sales.  With the advent of software as a service (SaaS) companies like Salesforce we can expect these numbers to grow in the future.

It appears, however, that the main barrier to entry for these companies is internal expertise.  Three quarters of survey respondents who are already using the technology said that their company already had the internal expertise necessary to implement a cloud infrastructure.  And of those companies that are interested in implementing the technology but have yet to do so, only 39% have the internal expertise to implement the technology.

Read: Survey Shows 37 Percent of Companies Using the Cloud

About Chief Executive

Chief Executive magazine provides global economy coverage, business and technology news, information on upcoming events, and executive life.