Light Reading

Cloud Delivers Business Edge, Survey Says

Carol Wilson
8/8/2014
50%
50%

Verizon Enterprise Solutions is touting a new survey of Harvard Business Review readers which shows that 74% of companies deploying cloud services say they've gained some kind of competitive advantage in the process and another 71% say moving to the cloud reduced complexity of their operations.

The entire report can be downloaded here. Verizon commissioned the survey.

There are still different levels of support for the cloud within the business community, however, as the study shows 35% are enthusiasts, 34% are moderate in their opinion and 22% are still cautious with the remainder reporting no particular standpoint. And those enthusiasts are much more likely to beat the cloud drum -- 56% of them report a significant competitive advantage stemming from using cloud services.

Those same enthusiasts say their companies are more agile and responsive to change since adopting cloud services and cite anytime/anywhere access to data and applications as a plus in enabling greater collaboration.

The other significant chunk of the HBR report looks at how survey respondents are using cloud services to reduce business complexity, which in term is reducing costs. Three-quarters of survey respondents believe cloud will reduce business complexity, two-thirds said it will reduce IT operations complexity and 69% say it will reduce costs. Other perceived benefits are an increase in employee productivity (61%) and responsiveness to customers (53%).

It's also interesting that one of the long-standing concerns about the cloud -- security risks -- is not a problem for this survey group. Almost two-thirds say that cloud either increases security or is neutral in its impact.

— Carol Wilson, Editor-at-Large, Light Reading

(4)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Ariella
50%
50%
Ariella,
User Rank: Light Sabre
8/11/2014 | 9:46:19 AM
Re: Makes sense
@danielcawrey I understand that point of view, but wouldn't private clouds be beyond the means of smaller businesses?
danielcawrey
50%
50%
danielcawrey,
User Rank: Light Sabre
8/9/2014 | 7:05:22 PM
Re: Makes sense
I wonder how much of a business edge is being gained in software as a service offerings versus private cloud architecture. I think that SaaS products have some security issues, especially when they store critical data sets. 

This is why I am a big fan of private cloud - I expect to see lots of growth in that area going forward. 
DHagar
50%
50%
DHagar,
User Rank: Light Sabre
8/8/2014 | 8:39:16 PM
Re: Makes sense
@FakeMitchWagner, that should continue to be a driving advantage, with robust security systems.  The cloud providers will also be able to attract the talent and keep on staff security specialists that will be able to maintain the highest security levels and protect against breaches.

Carol makes a good point that Verizon's commission, and the leading edge customers, are probably not the typical representation and may be skewed in favor of building a case for justification for their initial cloud use.    But I do think the enterprise cloud will become a business necessity across the board and will gain the confidence of business users at large.
Mitch Wagner
50%
50%
Mitch Wagner,
User Rank: Lightning
8/8/2014 | 8:21:07 PM
Makes sense

Makes sense that the cloud would increase security -- by outsourcing to the cloud, enterprises can gain the benefit of an organization with the resources to pay for the best security. IT is a cost for enterprises but it's a profit center for cloud providers.

Educational Resources
sponsor supplied content
Educational Resources Archive
Flash Poll
From The Founder
Ericsson's Hyperscale Datacenter System (HDS) 8000, featuring Intel's Rack Scale Architecture, caused a stir when it was announced at MWC 2015. For more on this revolutionary product, join me on Thursday, April 30 at 12:00 p.m. EST for a Super Webinar event, A New Hardware Paradigm for the Telco Data Center.
LRTV Documentaries
CableLabs' Clarke Updates Cable Virtualization

4|23|15   |   05:41   |   (1) comment


Former BT exec now leading CableLabs' NFV and SDN efforts explains key role of open source and updates efforts to virtualize the home network.
LRTV Interviews
Ericsson's CTO Talks Transformation: Pt. II

4|23|15   |   08:19   |   (1) comment


In the second installment of an in-depth two-part interview, Ericsson's CTO Ulf Ewaldsson talks to Light Reading CEO and founder Steve Saunders about cultural change, network slicing and technology advances.
LRTV Interviews
Ericsson's CTO Talks Transformation: Pt. I

4|23|15   |   09:27   |   (3) comments


In the first installment of an in-depth two-part interview, Ericsson's CTO Ulf Ewaldsson talks to Light Reading CEO and founder Steve Saunders about the incredible transformation underway in the communications networking industry.
LRTV Documentaries
LTE Paves the Way for the 5G Revolution

4|20|15   |   4:20   |   (0) comments


Håkan Andersson, head of 5G product strategy of the Radio Business Unit at Ericsson, discusses the role of LTE, the US and other industry verticals in building a true 5G ecosystem.
LRTV Documentaries
The 3GPP's Road to 5G Standardization

4|17|15   |   4:43   |   (0) comments


Satoshi Nagata, chairman of the 3GPP's TSG-RAN group and a manager at NTT Docomo, explains the standardization process for 5G, as well as the biggest challenges and opportunities.
LRTV Documentaries
AlcaLu CTO Makes the Case for a New 5G Air Interface

4|16|15   |   3:54   |   (0) comments


Michael Peeters, CTO of wireless at Alcatel-Lucent, explains why 5G will require a new air interface to meet its diverse performance targets.
LRTV Documentaries
AlcaLu + Nokia: The New Uber-Vendor

4|15|15   |   2:42   |   (4) comments


Heavy Reading Senior Analyst Gabriel Brown discusses the technological and competitive opportunities and challenges if a merger between Alcatel-Lucent and Nokia comes to pass.
LRTV Huawei Video Resource Center
Huawei's Data Center Power Play

4|15|15   |   6:22   |   (0) comments


Huawei has developed industry-leading energy efficiency capabilities for its indoor and outdoor data center solutions, explains Dr. Fang Liangzhou, vice president of Huawei's Network Energy product Line.
LRTV Huawei Video Resource Center
Huawei’s Routers, Switches Get the Green Mark

4|15|15   |   2:02   |   (0) comments


TUV Rheinland's Frank Dudley explains how Huawei's routers and switches have been successfully tested by energy efficiency experts and have gained Green Mark Certification.
LRTV Documentaries
A Finn, a Frenchman & a Guy From New Jersey Walk Into a Merger...

4|15|15   |   3:17   |   (0) comments


Stop us if you've heard this one before... Light Reading CEO Founder & CEO Steve Saunders weighs in on the technical and cultural implications of a Nokia and Alcatel-Lucent merger.
LRTV Huawei Video Resource Center
Accounting for Better Solutions

4|10|15   |   02:31   |   (1) comment


Murad Yousuf, CTO at Saudi Arabia's Ministry of Finance (Dept. of Zakat & Income Tax), talks about the benefits of deploying router technology from Huawei.
LRTV Huawei Video Resource Center
What's in Store for Huawei & DataCore?

4|10|15   |   05:44   |   (0) comments


At the CeBIT trade show in Hannover, Germany, George Teixeira, CEO of software-defined storage (SDS) specialist DataCore Software, explains why he has just signed a partnership agreement with Huawei Technologies.
Upcoming Live Events
May 6, 2015, Georgia World Congress, Atlanta, GA
May 12, 2015, Grand Hyatt, Denver, CO
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 8, 2015, Chicago, IL
June 9-10, 2015, Chicago, IL
June 9, 2015, Chicago, IL
June 10, 2015, Chicago, IL
September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
October 6, 2015, Westin Peachtree Plaza, Atlanta, GA
November 11-12, 2015, The Westin Peachtree Plaza, Atlanta, GA
All Upcoming Live Events
Infographics
In its latest survey covering network operators' plans and strategies for ICT transformation, Heavy Reading asked telecom operators worldwide to identify the most important goals and objectives for their ICT transformation initiatives. Heavy Reading also asked operators about the importance of a "digital first" strategy, which enables customers to complete an interaction across different digital channels, such as web and mobile self-service and social media.
Hot Topics
Comcast Formally Ends Its Bid for TWC
Mari Silbey, Independent Technology Editor, 4/24/2015
What if the Comcast Merger Fails?
Mari Silbey, Independent Technology Editor, 4/20/2015
Google's WiFi-First Mobile Service 'Fi' Is Here
Dan Jones, Mobile Editor, 4/22/2015
Comcast Merger May Hinge on Hulu
Mari Silbey, Independent Technology Editor, 4/22/2015
Google Ready to Release Thousands of Loons
Sarah Thomas, Editorial Operations Director, 4/20/2015
Like Us on Facebook
Twitter Feed
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
Many leading communications companies can claim to have undergone significant periods of reinvention during their histories, but none have been through more major ...
Data Center Interconnect, or DCI, is one of the hottest sectors in telecom currently. Since coming back to Light Reading last year, prodigal-son style, I've ...
Cats with Phones
Learning Curve Click Here
Pierre could never remember how to use Excel.
Latest Comment