Companies aren’t Seeing all the Value They Expected from the Cloud

Few aspects of IT have been hyped as much in recent years as the benefits of cloud computing. But new research indicates that companies are not seeing the level of gains expected.

Two-thirds of large enterprises aren’t realizing the full benefits of their cloud migration strategies, and they said security and the complexity of business and operational change are the key barriers. That’s according to a study from technology services and consulting firm Accenture.

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As part of its research, the firm surveyed 200 senior IT professionals from large businesses worldwide. The vast majority of organizations said they are realizing some level of their desired cloud outcomes, with overall satisfaction levels exceeding 90% on average. But only about one-third reported they have fully achieved their expected outcomes across the categories of cost (34%), speed (36%), business enablement (35%), and service levels (34%).

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