On Monday 16 October 2017, Oracle, a cloud provider company, revealed the findings of their latest global survey of 1,610 IT professionals. According to the company, the proportion of businesses reaping the rewards of embracing cloud infrastructure services has increased significantly in the last quarter.
Nearly three-quarters of respondents (72 percent) believe Infrastructure as a Service (IaaS) makes it easier for businesses to innovate, a 10 percent increase over last quarter. The research also found that 68 percent of businesses believe IaaS delivers exceptional operational performance in terms of speed and availability, a 20 percent quarter-over-quarter increase.
Over half of respondents (56 percent) found their organisation experienced improved productivity from their migration to cloud, while nearly half (46 percent) found their IT teams have greater scope to work on other value-adding projects.
The study also revealed that two-thirds of businesses (66 percent) believe that companies not investing in IaaS will struggle to keep up with those that are using it. The index also highlighted that moving to IaaS has significantly cut time to deployment of new applications and services and slashed maintenance costs for over two-thirds of respondents (68 percent).
James Stanbridge, Vice President IaaS Product Management EMEA and APAC, Oracle said: “The index confirms that investments in cloud infrastructure are paying off. Businesses are seeing the benefits reach far beyond the IT department. Organisations are gaining clear productivity improvements, as well as the ability to shift focus from keeping the lights on to projects that make valuable contributions. Given the strong recognition from respondents that IaaS can help deliver on transformation and innovation ambitions, we expect this return on investment to grow. However, for the minority of businesses still holding back, the research indicates the clear risk of falling behind more agile rivals.”
In addition, 20 percent of respondents say IaaS is helping them disrupt their market and competitors. The findings of the survey echo the benefits that Oracle’s Cloud Infrastructure customers are already seeing as a result of the high availability, high performance and cost effective cloud-based infrastructure it delivers.