More compute and storage in the cloud than on-premises by 2024 reveals Tata Communications’ global survey
LONDON - Thursday, February 26th 2015 [ME NewsWire]
(BUSINESS
WIRE) -- Research conducted by Tata Communications, a leading provider
of A New World of Communications™, has found that organisations with
500+ employees are seeing tangible benefits from cloud computing. 85%
say cloud had lived up to industry hype, with 23% declaring that cloud
had exceeded their expectations.
According to the global survey,
this groundswell of positive opinion has been contributed to by
enterprises experiencing tangible benefits when using cloud services –
with 83% of enterprises feeling they have experienced benefits they did
not expect to see. The most popular of these benefits cited by
respondents were: increased productivity (69%), better access to data
(65%), and reductions in costs (63%).
The findings also showed
that by 2024 off-premises storage will have overtaken on-premises
alternatives, with enterprises forecast on average to have 58% of their
compute and data storage held in the cloud in ten years’ time compared
with 28% currently. When asked how much of their IT provision would be
stored in private cloud specifically by 2024, respondents predicted an
average of 52% - highlighting the dominance of private cloud storage.
However, 94% of respondents say they would be more likely to adopt a
hybrid cloud computing model if connections with the public cloud were
more predictable.
Furthermore, the research suggests that
enterprises are realizing competitive advantages from cloud deployments.
Nearly two thirds (65%) of respondents said using the cloud had led to
increased speed of access to technology. In terms of streamlining
business processes, over two thirds (67%) have experienced reduced
delivery times to clients and partners. 54% have seen the delivery time
of new services to new markets and / or geographies reduced.
Julie
Woods-Moss, CMO and CEO of NextGen Business at Tata Communications,
says “This independent research shows that the cloud has exited the hype
cycle and entered the real adoption phase for businesses globally. It
is now a strategic investment and a competitive differentiator. As a
result, the network that enables cloud adoption is critical, and new
services, such as our IZO™ network platform and partner ecosystem, are
fundamental to creating a simple way for companies to adopt the cloud
model most suited to business requirements – be that private, public or
hybrid.”
Today, over 24% of the world’s internet routes travel
over Tata Communications’ network, which is the largest wholly-owned
subsea cable network in the world. Its Tier 1 IP network provides
backbone connectivity to over 240 countries and territories across 400
points-of-presence, as well as nearly 1 million square feet of data
centre and collocation space worldwide.
Tata Communications’ IZO™
network platform ecosystem currently consists of over 20 service
providers covering countries accounting for 85% of the world's GDP. It
also covers three of the largest cloud platforms, including Microsoft
Azure and Google Cloud Platform, with over 50 data centres across the
globe. The IZO™ network delivers the most comprehensive cloud enablement
platform available today.
Click www.tatacommunications.com/cloud to read the complete report.
See our video examining if cloud has lived up to the hype: http://youtu.be/_DJSizMWYDk
Ends…
About the survey
Tata
Communications conducted an online survey that comprised 36 questions.
The survey totalled 1,000 respondents across eight countries: UK,
France, Germany, USA, Singapore, Hong Kong, China, and India. Of the
total number of respondents surveyed, 13% are from each of the eight
countries. The number of employees at the respondents’ organisation is:
500-1000: 25%, 1001-3000: 30%, 3001-5000: 30%, more than 5000: 15%. The
sector of the respondent’s organisation is: IT: 28%, manufacturing and
production: 19%, financial services: 17%, retail, distribution and
transport: 11%, construction and property: 4%, business and professional
services: 4%, healthcare (private): 3%, energy, oil/gas and utilities:
3%, chemicals: 3%, telecommunications: 2%, entertainment, media or
leisure: 2%, education (private): 1%, consumer services: 1%, mining: 1%,
agriculture: 0.4%, other commercial sector: 1% (air and space,
engineering, logistics, pharmaceutical).
About Tata Communications
Tata
Communications Limited (CIN no: L64200MH1986PLC039266) along with its
subsidiaries (Tata Communications) is a leading global provider of A New
World of Communications™. With a leadership position in emerging
markets, Tata Communications leverages its advanced solutions
capabilities and domain expertise across its global and pan-India
network to deliver managed solutions to multi-national enterprises,
service providers and Indian consumers.
The Tata Communications
global network includes one of the most advanced and largest submarine
cable networks and a Tier-1 IP network with connectivity to over 240
countries and territories across 400 PoPs, as well as nearly 1 million
square feet of data centre and collocation space worldwide.
Tata
Communications’ depth and breadth of reach in emerging markets includes
leadership in Indian enterprise data services and leadership in global
international voice.
Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
http://www.tatacommunications.com
Forward-looking and cautionary statements
Certain
words and statements in this release concerning Tata Communications and
its prospects, and other statements, including those relating to Tata
Communications’ expected financial position, business strategy, the
future development of Tata Communications’ operations, and the general
economy in India, are forward-looking statements. Such statements
involve known and unknown risks, uncertainties and other factors,
including financial, regulatory and environmental, as well as those
relating to industry growth and trend projections, which may cause
actual results, performance or achievements of Tata Communications, or
industry results, to differ materially from those expressed or implied
by such forward-looking statements. The important factors that could
cause actual results, performance or achievements to differ materially
from such forward-looking statements include, among others, failure to
increase the volume of traffic on Tata Communications’ network; failure
to develop new products and services that meet customer demands and
generate acceptable margins; failure to successfully complete commercial
testing of new technology and information systems to support new
products and services, including voice transmission services; failure to
stabilize or reduce the rate of price compression on certain of the
company’s communications services; failure to integrate strategic
acquisitions and changes in government policies or regulations of India
and, in particular, changes relating to the administration of Tata
Communications’ industry; and, in general, the economic, business and
credit conditions in India. Additional factors that could cause actual
results, performance or achievements to differ materially from such
forward-looking statements, many of which are not in Tata
Communications’ control, include, but are not limited to, those risk
factors discussed in Tata Communications Limited’s Annual Reports. The
Annual Reports of Tata Communications Limited are available at
www.tatacommunications.com. Tata Communications is under no obligation
to, and expressly disclaims any obligation to, update or alter its
forward-looking statements.
About Vanson Bourne
Vanson
Bourne was established to provide information services to support IT
companies, enabling them to navigate the marketing cycle. Incorporated
in 1999, Vanson Bourne is a specialist IT market research consultancy
offering clients the ability to undertake incisive and rigorous projects
conducted always by extremely experienced marketing professionals.
@tata_comm | http://tatacommunications-newworld.com | www.youtube.com/tatacomms
©
2015 Tata Communications. All rights reserved. TATA COMMUNICATIONS and
TATA are trademarks of Tata Sons Limited in certain countries.
IZO™
is a trademark of Tata Communications in certain countries. All other
trademarks are the property of their respective owners.
Contacts
Tata Communications
Natalie Chak,
+44 (0)7833 043 779
natalie.chak@tatacommunications.com
or
Hill & Knowlton Strategies
Paul Crouch,
+44 (0)20 74133713
Paul.Crouch@hkstrategies.com
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