Are companies spending more and more on the cloud?

According to analysis from research firm Frost and Sullivan, over half of Australian companies using cloud computing services are spending 10% of their budget on the cloud.

Further research revealed that 70% of Australian enterprises in the cloud are looking to boost their services “significantly” in the next 12 months.

The overall research into Australian business showed:

  • 53% of companies using cloud computing services spend more than one tenth of their IT budget on cloud solutions
  • 31% spend more than 20% of their budget on the cloud
  • Perhaps unsurprisingly larger organisations spend much more on cloud than smaller companies

The study noted the similarities between companies pursuing software as a service (SaaS) and infrastructure as a service (IaaS).

While SaaS remained the most common delivery model, the use of IaaS has skyrocketed, in part due to increased local market adoption, the report noted.

The usual concerns over moving to the …