
Posted by: Greg Elliott, Director of Business Development at 1102 GRAND
I ran across an article on Forbes.com by Joe McKendrick that discusses how IT departments are now devoting a good portion of their budgets to the cloud. 1102 GRAND is a Midwest colocation facility and Internet hub, and we have seen quite a few new and existing customers building out their own private cloud which resides at 1102 GRAND. Some of our customers offer their private cloud as a solution for those companies that need to adhere to PCI, HIPPA, SOX or other compliances and are not able to utilize public cloud. The offerings are evolving daily, so if you have a need and want to learn more, let me know and I would be happy to help. We offer the best of both worlds. You can collocate your company’s equipment in our data center facility and have full control of it, but you can also tap into the multiple private cloud offerings at 1102 GRAND as you wish. I would be happy to work on a solution for you and your company. I can be reached at greg@1102grand.com.
More Than One-Third of IT Budgets Now Spent on Cloud: Survey
Companies are investing heavily in cloud computing, a new survey of 1,650 IT and business executives shows. On average, they report, more than a third, 34%, of their current IT budgets are now allocated to cloud computing solutions.
These are some of the findings of the IDG Enterprise Cloud Computing Study, conducted in January 2012. Most of these budgets are going to private clouds hosted within the walls of enterprises. Private cloud deployments are currently where the majority of information is stored in the cloud (24%), and the trend will continue to dominate 18 months from now (33%).
The fact that cloud now comprises more than one-third slice of IT budgets suggests the computing approach has gained serious traction within enterprises. And cloud isn’t just being brought in to enhance applications or to save money. One-fourth of respondents from the business side, in fact, report they believe cloud will play a critical role in shaping business strategy.
Cloud may grab an even bigger slice of IT budgets in the next few years. Close to two-thirds of companies expect to increase cloud spending in the next 12 months. On average, organizations will increase cloud computing spending by 16%.