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
From The Founder
Against the odds, Huawei is growing its telecoms networking equipment business in the US -- that should be ringing some alarm bells for domestic vendors.
Flash Poll
Live Streaming Video
CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
Between the CEOs
Metaswitch's New CEO Martin Lund Discusses His Role

9|2|15   |   11:27   |   (2) comments


Technology industry veteran Martin Lund joins Metaswitch Networks this week as the company's new CEO. In this interview, Lund discusses his new role and the industry's progress with Light Reading CEO Steve Saunders. Lund believes that the industry disruption caused by SDN and NFV is creating opportunities for companies like Metaswitch – network software providers ...
Telecom Innovators Video Showcase
Nominum on Leveraging the Power of DNS to Deliver Superior Subscriber Experiences

9|2|15   |   07:13   |   (0) comments


Nominum CEO Gary Messiana talks about the challenges service providers face in competing for a much more sophisticated customer, a customer that has heightened expectations for more personalized and compelling digital experiences. Providers are focusing their efforts on delivering higher value subscriber services, retaining their existing customers and increasing ...
Between the CEOs
CEO Chat With Jeff Miller, ActiveVideo

8|28|15   |   19:05   |   (0) comments


Jeff Miller, President and CEO of ActiveVideo, talks to Light Reading founder and CEO Steve Saunders about the impact of virtualization on the TV and video distribution market.
LRTV Huawei Video Resource Center
Vodafone: Mobile Money Is About Customer Trust

8|27|15   |   06.36   |   (0) comments


Light Reading spoke with Vodafone's Ian Ravenscroft about the unique responsibilities and opportunities facing operators handling customers' financial transactions over the network.
Telecom Innovators Video Showcase
Palo Alto Networks on Expanding in the Carrier/Service Provider Market

8|26|15   |   07:54   |   (0) comments


Alfred Lee from Palo Alto Networks tells Steve Saunders about their new chassis-based system, the PA-7080, and how it can benefit service providers compared to legacy firewalls.
LRTV Custom TV
Global Services Forum Preview

8|25|15   |   02:36   |   (0) comments


Light Reading's CEO and Founder Steve Saunders talks about Huawei's upcoming Global Services Forum with the help of Heavy Reading's Patrick Donegan and Teresa Mastrangelo.
Telecom Innovators Video Showcase
Infoblox on DNS Threat Index

8|19|15   |   04:39   |   (0) comments


Dilip Pillaipakam from Infoblox talks to Steve Saunders about his company's core network services.
Between the CEOs
CEO Chat With Ihab Tarazi, Equinix

8|14|15   |   20:18   |   (1) comment


Equinix CTO Ihab Tarazi talks to Light Reading founder and CEO Steve Saunders about the dramatic changes in the data center, cloud and interconnect markets and discusses the impact of SDN and NFV in the coming years.
Telecom Innovators Video Showcase
The Netformx Ecosystem

8|14|15   |   09:39   |   (1) comment


Ittai Bareket, CEO of Netformx, talks with Steve Saunders about the Netformx Ecosystem, which employs cutting-edge prescriptive analytics to help solution providers maximize profits.
Telecom Innovators Video Showcase
Versa Networks on Leveraging VNFs

8|12|15   |   07:37   |   (0) comments


Kumar Mehta, founder and CEO of stealth mode startup Versa Networks, talks with Steve Saunders about how providers can best leverage virtualized network functions (VNFs).
LRTV Custom TV
Transforming the Network Through OPNFV

8|5|15   |   7:09   |   (0) comments


Sandra Rivera, VP Data Center Group; GM Network Platforms Group, Intel Corporation, on OPNFV Arno and how the industry is coming together to accelerate the deployment of NFV and transform the network.
LRTV Huawei Video Resource Center
Huawei ONS Product Demo

8|3|15   |   6:01   |   (0) comments


Huawei shows at Open Networking Summit 2015 in Santa Clara how its SDN and NFV solutions embrace openness.
Upcoming Live Events
September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
September 16, 2015, The Westin Galleria Dallas, Dallas, TX
September 16, 2015, The Westin Galleria Dallas, Dallas, TX
September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
November 5, 2015, Hilton Santa Clara, Santa Clara, CA
November 17, 2015, Santa Clara, California
December 1, 2015, The Westin Times Square, New York City
December 2, 2015, The Westin Times Square, New York City
All Upcoming Live Events
Infographics
Cisco's cloud and virtualization portfolio can increase business agility and innovation by building a more flexible network architecture.
Hot Topics
T-Mobile CEO Plays Data Traffic Cop
Sarah Thomas, Editorial Operations Director, 8/31/2015
CEO Chat With Bill Gates
Steve Saunders, CEO and founder, Light Reading, 8/31/2015
Time to Monetize Cable WiFi
Alan Breznick, Cable/Video Practice Leader, 8/31/2015
New Apple TV: More $$, Not Content – Report
Mari Silbey, Senior Editor, Cable/Video, 8/31/2015
Ex-AlcaLu Boss Tasked With Bolstering Altice
Iain Morris, News Editor, 9/1/2015
Like Us on Facebook
Twitter Feed
September 16, 2015
Wi-Fi First or Second?
September 22, 2015
Media Begins With “Me”
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
Technology industry veteran Martin Lund joins Metaswitch Networks this week as the company's new CEO. In this interview, Lund discusses his new role and the industry's progress with Light Reading CEO Steve Saunders. Lund believes that the industry disruption caused by SDN and NFV is creating opportunities for companies like Metaswitch – network software providers with the agility to embrace new technologies quickly and the ability to deliver on substantial projects for global network operators.
The scene: Last Saturday, lunchtime, the interior of a shi-shi-foo-foo eatery in Manhattan's SoHo district.
Cats with Phones
It's a New Age... Click Here
When smartphones replace stuffed animals.