Cloud merits acknowledged but adoption concerns linger – Oracle report

February 11, 2016 Off By David

Grazed from BCN. Author: Editorial Staff.

Cloud technology is almost universally acknowledged for its catalysing effect on invention and customer retention, according to new research from Oracle. However, there are still major barriers to adoption. In Oracle’s study 92% of its sample group of industry leaders testified that the cloud enables them to innovate faster.

It also helps companies keep afloat better, with nearly three quarters (73%) reporting that using cloud technology has helped them to retain existing customers more effectively. The cloud also comes out well as a strategic weapon, with 76% of enterprises saying that the newer, more flexible model for handling information helps them to win new customers…

However, the study conducted for Oracle by IDG Connect indicates there is much room for improvement in the adoption of cloud computing. Only half (51%) of the survey sample say their businesses will have reached cloud maturity within two years. According to an Oracle statement, this is a consequence of current uncertainty about moving to the cloud…

Read more from the source @ http://www.businesscloudnews.com/2016/02/11/cloud-merits-acknowledged-but-adoption-concerns-linger-oracle-report/