Cloud Computing Drives Competition for UK Organizations

Private and Public Sector Organizations Champion Cloud Technology to Gain Competitive Edge and Maintain Growth

London., June 23, 2011 -  Research by Informatica Corporation, the world’s number one independent leader in data integration software, has found that despite ongoing discussion around the ‘risks’ involving cloud computing, 94 percent of UK organizations believe that the technology holds the key to success. Without it, they believe that they will lose the ability to capitalize on new opportunities, fail to keep pace with industry developments and will be constrained by IT, stunting their ability to grow.

In a study, which surveyed 1,500 private and public sector organizations in the UK only seven percent of organizations said that cloud technology did not form any part of their IT strategy. The significant level of planned investment, with 84 percent of UK respondents citing that cloud will definitely form part of their IT plan, further cements the cloud’s recognition by organizations as an established and powerful technology asset.

Key findings from the cloud computing research include:

  • Among key benefits of the technology that will help contribute to delivering this competitive edge for organizations is the ability to increase speed, and ease of use when it comes to accessing business applications as the most important reason for moving to the cloud (86 percent).
  • The ability to reduce costs also remains high on the agenda for both public and private sector organizations, at 82 percent.
  • Over two thirds (73 percent) cited enabling greater business capability as a key consideration when developing cloud strategies.
  • Three quarters (76 percent) believe that moving their IT to the cloud will help to create a technology platform that powers more creative services.

While the majority of organizations plan to implement cloud technology, the youth of the market was reflected in respondents’ views on planned spending, with 41 percent still unsure of exactly what their spend might look like. With cloud computing technology still in the early stages of adoption, these findings indicate the continuing need for technology providers to offer support for businesses and governments, which reinforces trust in cloud technologies, and enables private and public sector organizations to build long-term cloud strategies with confidence.

Juan Carlos Soto, senior vice president and general manager, Informatica’s B2B Data Exchange and Cloud Data Integration Business Units commented: “These results support the rapid level of adoption we’re seeing for cloud technology. An increasing number of organizations are recognizing the benefits that the cloud could bring, not only in business productivity, cost saving and innovation, but in helping organizations to become more agile, and more competitive too. But in order to reap the benefits, both public and private sector organizations need to take steps now to establish clearly defined strategies for how this technology will fit within their existing investment, and how it will shape their IT spending going forward.”

Soto continued: “A hybrid model that combines cloud and on-premise technology offers the best of both worlds, allowing organizations to quickly benefit from cloud innovation while ensuring that data fragmentation across cloud and on-premise IT systems does not inhibit success. The first step toward doing that is to have a clear integration plan in place.”

In addition to looking at adoption attitudes towards cloud technology, the research project also sought to gain an insight into what motivates CIOs and CTOs when it comes to selecting and implementing new technology services. The study found that when it comes to investing in new technologies, trust was top of the list for 80 percent of respondents.

“It’s no surprise that trust plays a key role when it comes to an organization’s investment in new services – these are important, long term decisions, not to be taken lightly,” continued Soto. “This research highlights the need to establish and nurture trust in new technologies, to help organizations define and implement new IT strategies and capture the benefits of new innovations. The cloud has instigated a fundamental shift in the way that information technology has traditionally operated and is for many companies a move into unchartered territory. This provides an opportunity for technology companies to guide organizations through the transition in a transparent manner that promotes confidence and trust.”
This report was conducted on behalf of Informatica by LM Research in April 2011. It surveyed 1,500 CIOs and CTOs from private and public sector organizations across the UK.

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About Informatica

Informatica Corporation (NASDAQ: INFA) is the world’s number one independent provider of data integration software. Organizations around the world turn to Informatica to gain a competitive advantage in today’s global information economy with timely, relevant and trustworthy data for their top business imperatives. Worldwide, over 4,350 enterprises rely on Informatica for data integration and data quality solutions to access, integrate and trust their information assets held in the traditional enterprise, off premise and in the Cloud. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com. Connect with Informatica at http://www.facebook.com/InformaticaCorporationhttp://www.linkedin.com/company/informatica and http://twitter.com/InformaticaCorp.

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