So Far, So Good: Fortune 500 CIOs Seem Happy With Cloud Computing
October 8, 2012
Grazed from Forbes. Author: Joe McKendrick.
Many organizations are still in the early stages of their cloud computing journeys, and the reports are: so far, so good. No major flaws or “gotchas” have emerged in nascent cloud engagements, and CIOs are saying full steam ahead. Still needed, however, are more security assurances, and more vendor flexibility.
That’s the key takeaway from a new report just published by Navint Partners, LLC, which finds large companies are seeing mainly positive results from their cloud computing efforts. The consulting company convened a roundtable with 20 CIOs from Fortune 500 companies to discuss their progress and concerns about cloud computing. Nine out of 10 respondents, for example, say they have received 100% of the savings they expected from their cloud computing projects. In addition, four out of five say their cloud efforts have helped their organizations achieve some sort of competitive advantage, and two-thirds say cloud has helped their organization’s efficiency and effectiveness…
These are all vague terms, of course, and the Navint report dug a little deeper into CIOs’ heads to see where they see these benefits unfolding. Robert Summers, CIO of tax preparation firm Jackson Hewitt, cautions that while positive, these are likely very preliminary results. “Many [executives and business managers] think it will take five or more years to fully realize the tangible benefits of cloud implementation.” Summers’ points are borne out in another recent study from the Cloud Security Alliance and ISACA,which estimates that cloud maturity is still at least three years out at most organizations…
Read more from the source @ http://www.forbes.com/sites/joemckendrick/2012/10/08/so-far-so-good-fortune-500-cios-seem-happy-with-cloud-computing/