{"id":843,"date":"2016-01-11T12:35:07","date_gmt":"2016-01-11T12:35:07","guid":{"rendered":"https:\/\/acora2021arch.wpengine.com\/blog\/?p=843"},"modified":"2024-05-24T14:55:25","modified_gmt":"2024-05-24T14:55:25","slug":"playing-it-safe","status":"publish","type":"post","link":"https:\/\/acora.s.nomatter.dev\/nltest\/news\/archive\/playing-it-safe\/","title":{"rendered":"CFOs playing it safe on Cloud"},"content":{"rendered":"\r\n<p>We may be prepared to send a man to space\u2026but\u00a0CFOs are\u00a0still cautious about investing in cloud infrastructure, that is, according to the views of CIMA finance members.<\/p>\r\n\r\n\r\n\r\n<p>In the second of our series of CIMA survey blogs, we examine the areas in which CIMA finance leaders are pumping their money.<\/p>\r\n\r\n\r\n\r\n<p>When asked to rate the likelihood of their company investing in the following technologies, the investment priorities for this year and the next 12-24 months are very similar.<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>Companies are most likely\u00a0to invest in mobile devices and applications, followed by security software<\/li>\r\n<li>They will also be investing in replacing\/growing their current infrastructure (servers &amp; storage)<\/li>\r\n<li>Major line of business applications and cloud based applications and\u00a0DR are less likely<\/li>\r\n<li>Cloud based infrastructure is the least likely investment<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p>65% of respondents said they had invested in traditional infrastructure rather than cloud infrastructure. However, whereas 11% of companies said that they have invested in cloud infrastructure in the past 12 months, 27% of respondents said they were likely or very likely to invest in <a href=\"https:\/\/acora.s.nomatter.dev\/our-services\/managed-services\/cloud-infrastructure\/\">cloud infrastructure<\/a> in the next 12 to 24 months. As planned spend on cloud investment is set to double, cloud will be firmly on the table in the next wave of infrastructure investment.<\/p>\r\n\r\n\r\n\r\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\r\n<p>\u201cWe can also infer from the survey results that people are \u2018dipping their toes\u2019 in cloud, with investment in infrastructure likely to double over the course of the next 12 to 24 months.\u201d<\/p>\r\n<cite>Lee Ganly, CTO at Acora<\/cite><\/blockquote>\r\n\r\n\r\n\r\n<p>But why the slow growth?<\/p>\r\n\r\n\r\n\r\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\r\n<p>\u201cIt isn\u2019t easy to move everything over to cloud in one clean sweep, for a number of reasons, including the financial model \u2013 which may require a reshaping of IT operations from capex to opex. In addition, concerns over security may be slowing full-scale adoption.\u201d<\/p>\r\n<cite>Lee Ganly, CTO at Acora<\/cite><\/blockquote>\r\n\r\n\r\n\r\n<p>In terms of investment priorities, as companies react to the demands of the digital workforce, it is no surprise that security software is very high on their agenda. This trend is particularly prevalent in the financial services space.<\/p>\r\n\r\n\r\n\r\n<p>Line of Business application change continues to be a popular area for investment in businesses and doesn\u2019t show any signs of slowing down. Thirty per cent of respondents have carried out a major line of business application change and 50% of respondents are planning to carry out a major application change over the next 12-24 months.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>We may be prepared to send a man to space\u2026but CFOs are still cautious about investing in cloud infrastructure, that is, according to the views of CIMA finance members.<\/p>\n","protected":false},"author":16,"featured_media":11806,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"full-width-single-post.blade.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CFOs playing it safe on Cloud - 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