Cloud computing considered crucial for future gains

Monday, January 09, 2012

Industries worldwide dealt with the recovering economy in 2011, and in 2012 businesses must adopt new technologies to become more agile and successful moving forward.

According to a recent study conducted by research firm Gartner, cloud computing is a technology expected to play a key role in the IT industry in the future. Vice president and analyst Kimberly Harris-Ferrante suggested the cloud will help companies generate new revenue and address the needs of consumers with "always-connected" devices.

By 2015, cloud-based and social web services will account for 25 percent of consumer banking products and services, according to the study.

"For industry CIOs, senior business executives and IT leaders, navigating economic and market volatility will be a critical success factor in 2012 and beyond," said Gartner. "[The technologies] will better position industry leaders to align their business practices with the needs of customer and business partners."

Companies that offered cloud computing solutions in 2011 found success worldwide as more businesses adopted the technology. According to a study conducted by Synergy Research Group, global spending for cloud equipment surpassed $17 billion in the first half of the year and exceeded $33 billion for the entire year.