Google Study Finds Enterprises Who Trust The Cloud Beyond Cutting Costs See Revenue Growth
38% of enterprise IT organizations have adopted cloud computing, projected to increase to 45% by 2019. Enterprises with very high trust in cloud technology overall cite a 9.1% profit rise versus 1% by the low-trust group. 62% of respondents who note high cloud trust consider it a competitive advantage. Concerns over security, regulatory and compliance issues, and inability to integrate with existing on-premise systems are the three primary barriers hold back cloud computing adoption in enterprises today.