Home 60% of European Enterprises Polled Plan to at Least Start Migrating to the Cloud Within Two Years

60% of European Enterprises Polled Plan to at Least Start Migrating to the Cloud Within Two Years

According to a study commissioned by datacenter solution provider Brocade, 60% of European enterprises polled plan to at least start planning migration to cloud clouding within the next two years. The vast majority of respondents plan on deploying private clouds, due primarily to security concerns, instead of hosted solutions. The study also found that only 42% of SMBs were planning on moving to the cloud in the next two years, but most of those companies are considering hosted options.

Respondents’ biggest motivation for moving to the cloud is reducing costs, followed by improving business efficiency and enhancing business agility. According to Microscope, analyst firm IDC forecasts cloud services will grow from its current worth of £10.7 billion ($16.2 billion) to £27 billion ($41 billion) by 2013.

Over 1/3 of respondents in the Brocade study cited security as the most significant barrier to cloud adoption, with complexity of virtualization a close second. Network Computing reports that an IDC survey found 87% of respondents were concerned about cloud computing security. However, Network Computing cites PricewaterhouseCoopers consultant Michael Pearl’s observation that cloud computing data services may be able to provide better data security than enterprises’ internal IT departments can.

Although most interest for large enterprises remains in private clouds, Microscope cites a Gartner‘s prediction that private clouds will pave the way for public cloud services in the future.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.