Nov. 02, 2011
The cloud is creating new business opportunities as companies harness its power to facilitate new revenue, services and businesses.
At whatever pace businesses progress toward the cloud - as they encounter obstacles and achieve early successes – they learn. This report, based on data from more than 900 respondents to a KPMG cloud survey conducted with Forbes in 2011, shares these lessons.
The survey results also show an increased readiness to accept and exploit the benefits of the cloud. Most respondents agree the cloud offers strategic benefits, which look likely to transform business models and offer serious competitive advantage.
The vast majority of executives surveyed expect investment in 2012 to dramatically increase, with some organizations planning to spend more than one-fifth of their IT budget on the cloud next year.
Read Private Cloud vs Public Cloud vs Hybrid Cloud, the companion article published by NetworkWorld.
Read Clarity in the Cloud
- Browse KPMG Services
- Give Feedback
- Subscribe to RSS News Feeds
- Listen to Podcasts
- View Webcasts on Demand
- See Upcoming Events
Things You Can Do
Register for KPMGInstitutes.com
As part of the KPMG Institutes online community, you'll be able to participate in Webcasts, access premium content, post comments, rate research and provide valuable insight supporting critical business topics and industry issues.
KPMG Institutes Network
- KPMG Advisory Institute
- KPMG Audit Committee Institute
- KPMG Global Energy Institute
- KPMG Global Enterprise Institute
- KPMG Government Institute
- KPMG Healthcare & Life Sciences Institute
- KPMG IFRS Institute
- KPMG Shared Services and Outsourcing Institute
- KPMG Tax Governance Institute
- KPMG Financial Reporting Network
- KPMG TaxWatch