A Mixed Forecast: The New Norm For Cloud

January 22, 2015 Off By David

Grazed from MBTMag. Author: Ed Talerico.

After years of debate and numerous predictions as to when cloud computing would reach widespread adoption, it seems that 2014 was the year when it finally came of age. With 69 percent of enterprises running either applications or infrastructure in the cloud today, up 12 percent from 2012, it is difficult to dispute claims that the ‘fluffy stuff’ has hit the mainstream.

The drivers behind this acceleration are three-fold. First, a reduction in the cost of cloud computing has made it increasingly difficult for companies to ignore. Research shows that most organizations rapidly realize significant cost savings that actually increase over time as a result of the many indirect costs related to on premise software…

In fact, a recent IDC study showed that cloud solutions offer an average payback period of seven months, and a five year ROI of 626 percent, a level that few other investments can match…

Read more from the source @ http://www.mbtmag.com/articles/2015/01/mixed-forecast-new-norm-cloud