Cloud outage ‘catastrophic’ admit 73 per cent of firms

A new survey from Irish IT services provider Auxilion reveals that 73 per cent of IT leaders in Ireland admitted a cloud outage would be “catas-trophic” for their business, with a similar proportion (77 per cent) worried about such an occurrence.

The same survey carried out by Parkwest firm Auxillion, highlights that 84 per cent of businesses expect to have fully migrated all their systems, applications and data to the cloud within the next three years.

The research – carried out by Censuswide and involving more than 200 IT decision-makers in large enterprises across Ireland – found that some 77 per cent of organisations are already in the cloud.

Hybrid cloud was found to be the most popular choice among the companies already using cloud, with 22 per cent of respondents believing it to be the future. Meanwhile, 21 per cent think public cloud is the future.

Furthermore, 84 per cent of businesses expect to have fully migrated all of their systems, applications and data to the cloud within the next three years/almost three quarters (73 per cent) of IT leaders in Ireland admitted a cloud outage would be “catastrophic” for their business, with a similar proportion (77 per cent) worried about such an occurrence.

The most cited reason for adopting cloud computing was reducing costs (32 per cent), as the vast majority (81 per cent) of IT decision-makers revealed that cloud is a more cost-effective approach.

While it may be helping to control costs, investment in cloud looks set to increase with two thirds (67 per cent) planning to up their cloud spend over the next 12 months and the average investment estimated to be €1.84 million.

In fact, cloud ranked top of the list for IT investment over the next 12 months (45 per cent),  followed by IT service desk (45 per cent),  Artificial Intelligence (42 per cent),  green technology (42 per cent)and cybersecurity (41 per cent). On the topic of green technology, almost three-quarters (74 per cent)of organisations are currently using same.

It appears that IT leaders see cloud and sustainability going hand in hand, with 78 per cent saying cloud is important in helping their organisation achieve ESG goals and 27 per cent citing sustainability as a reason for using cloud computing. Moreover, almost three-quarters (74 per cent)of IT leaders said sustainability is a priority for their customers.

Donal Sullivan, Chief Technology Officer, Auxilion, said: “These results show that cloud infrastructure has become a critical aspect in the digital ecosystem for businesses, and it’s not just being adopted for cost, connectivity and collaboration purposes. It is also being deployed for sustainability purposes – as that area becomes ever more important for both businesses and their customers.

“Regardless of the reasons or the cloud infrastructure of choice, companies need to ensure they are using and adopting an approach that meets their business needs, optimises performance and protects their interests.

“Working with trusted partners can help to maximise the return on cloud investment and help to deliver better value, as well as drive success.”

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