Cloud Adoption Is Shifting to Its 'Second Wave'

By Gina Roos

The cloud is moving into its "second wave" of adoption, as businesses are looking at it not only for efficiency and reduced costs, but also to increase sales and drive innovation, according to a Cisco-sponsored study from IDC. The report finds that 53 percent of IT decision-makers at 3,400 companies expect the cloud to fuel increased revenue in the next two years. The most mature cloud organizations report an average of $1.6 million in additional revenue per application deployed on a private or public cloud. The second wave of cloud adoption is about business outcomes driving cloud adoption, not just IT, said Fabio Gori, director, data center and cloud solutions marketing, Cisco. "It is truly about the ability to increase a company's revenue, and freeing up more budget to invest in new strategic projects." The ultimate winner will be the hybrid cloud, the direction in which many companies are headed, he said.  Cisco and its partners are offering a tool to help businesses benchmark their own cloud adoption and related benefits compared with industry peers. Here are key takeaways from the cloud adoption survey.

This article was originally published on 2015-09-28
Gina Roos is a business and technology writer who has contributed print and Web articles to leading electronic industry publications. She was Editor-in-Chief at Electronics Sourcing North America, and served as Site Editor for UBM's Green SupplyLine and Electronics Supply & Manufacturing Websites. She also authored the "In the Channel" column, covering the electronics distribution industry for EETimes ProductWeek. Gina was the founder and editor of Electronics Advocate, an online magazine covering design and supply chain issues in the electronics industry. The publication was sold to MMG Publishing UK in 2010. Gina has a degree in journalism.