70% of Singaporean companies plan to adopt cloud computing

The other 30 % presumably still use a rock and chisel.

Also, 84% of CEO’s are mainly concerned with its reliability, according to Symantec’s survey.

The 2011 Virtualisation and Evolution to the Cloud Survey examined how organisations plan to move business-critical initiatives to virtual and hybrid cloud computing environments. The survey highlighted topics including server, client, and storage virtualisation, storage-as-a-service, and hybrid/private cloud technologies; and the results uncover disparities between expectations and reality as enterprises deploy these solutions. CEOs and CFOs are concerned with moving business-critical applications into virtual or cloud environments due to challenges including reliability, security, availability and performance. The survey is based on more than 3,700 respondents from 35 countries worldwide. 100 respondents from Singapore were involved in this survey.

“With more than 70 percent of Singaporean organisations contemplating cloud adoption, it’s clear that cloud computing is evoking a major shift within IT – changing from a traditional IT delivery to a service-provider model. Moving to the cloud is a complex evolution for many companies and it is essential that IT and executives are aligned on initiatives,” said Tan Yuh Woei, country manager, Singapore, Symantec. “Virtualisation is an enabler for private and hybrid clouds. Our survey shows that planning a seamless move is critical to achieving all the simplicity, affordability and efficiency that these environments have to offer.”

Gaps Between Expectations and Reality Reveal Market Evolution
Adoption of server virtualisation is widespread, and more than 70 percent of organisations are discussing cloud deployments. Of the technologies evaluated in the survey, storage virtualisation is the most mature with 53 percent of enterprises implementing. Private Storage-as-a-Service is the least mature with 30 percent adopting.

Early investments have revealed gaps between expectations and reality which indicate that organisations are still learning what these technologies are capable of and how to overcome the new challenges they bring with them. We asked respondents about initial goals in server, storage, and endpoint virtualisation; private Storage-as-a-Service; and hybrid/private cloud. We then asked those who have already implemented which goals they actually achieved. The difference between the two answers revealed an expectation gap.

· Server virtualisation projects were most successful, with only a two percent average gap between expected and realised goals. The biggest gaps occurred in disaster recovery readiness, server utilisation ratios and scalability.

· The average shortfall in storage virtualisation was 41 percent, with disappointments coming in areas like operating expense, agility and scalability.

· Respondents reported an average gap between expected and realised goals of 29 percent with endpoint/desktop virtualisation. They cited disappointments in application delivery, application compatibility and virtual desktop support.

Join Singapore Business Review community

· Seventy-two percent of organisations are considering private Storage-as-a-Service, but these projects are challenging to implement and fall short of expectations by 46 percent. For example, improving disaster recovery readiness was a goal for 100 percent of respondents, but reached by only 29 percent.

These gaps are a hallmark of early stage markets where expectations are out of step with reality. As the virtualisation and cloud markets continue to mature, we expect to see those gaps close.

IT and Business Executives Out of Synch on the Potential
According to the survey findings, 33 percent of CFOs are less than “somewhat open” to moving mission-critical applications to hybrid/private cloud environments. 17 percent of CEOs are cautious about moving these applications. Main concerns about placing business-critical applications in virtualised and hybrid cloud deployments are reliability (84 percent), performance (81 percent), and security (78 percent).

In practice, many C-level concerns are unfounded based on responses from IT. For example, concerns about performance are a top reason cited for caution, yet more than two-thirds of those who deployed server virtualisation achieved their goals related to performance. 

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Vibrant Group wins suit against Blackgold Australia
The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.
Lorem Ipsum text in year 2025
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.