Cloud computing yields strongest ROI, finds survey

Cloud computing yields strongest ROI, finds survey

According to a new Bloomberg survey, cloud computing has emerged as the infrastructure investment area which has yielded the most ROI in the last year.

The media company surveyed 100 CIOs and IT leaders across the US at the Bloomberg LINK’s first Enterprise Technology Summit, questioning them about emerging technology trends, IT spending, compliance and cloud.

It found that IT spending across the US is rising sharply, with a particular focus being placed on ever-growing cloud computing. Seventy-six per cent of respondents reported that they planned to increase IT spending over the course of the next year, with just 17 per cent planning to lower their spending.

Managed solutions were a key area of increased spending, with 55 per cent of respondents reporting plans to invest more money this year. An overwhelming majority – 84 per cent – said that spending on regulatory and compliance systems has been increased over the last two years, with just five per cent reporting spending less on those areas.

Forty-five per cent of survey respondents reported that cloud computing had yielded the best ROI over the last 12 months, with low-latency trading and complex event processing coming in second and third, with 33 per cent and 23 per cent of responses respectively.

Shawn Edwards, Bloomberg chief technology officer, said that the pressure on IT executives to constantly innovate and problem solve was enormous. One way of assisting businesses that are attempting to use, or already using, cloud services, is to implement a solid MPLS network, allowing them to connect to and from the cloud without having to manage the internal network.