VMware, Inc., a global leader in cloud infrastructure
and business mobility, today announced key findings from a VMware-commissioned
study that identifies key CIO priorities in India for the next three years.
Conducted by Kantar IMRB, the study suggests how IT/ Data security is a key
challenge organizations face in the mobile cloud era and how most organizations
surveyed are keen to adopt cloud computing to enhance business agility and
efficiency – hence information security and cloud services will have maximum
impact on businesses in the next 3-5 years.
As per the research findings, even though organizations are
progressively looking for a modern business environment, they are concerned
about having a proper security environment in place owing to the open nature of
the Internet and increasing cyber threats. 86 percent of organizations see
their IT budget increasing over the next 3 years and 80 percent of businesses
are willing to invest time, money and skill on cloud services.
The study surveyed IT leaders and decision makers from a number
of Indian companies across various verticals, ranging from medium-sized
enterprises to very large organizations. Each respondent was interviewed via a
structured questionnaire on their business and IT priorities for their
organizations in the next three years, including:
· What they would like to see from IT vendors
· The role of cloud computing in their
businesses
· Their outlook on their organization’s IT
budget spend
Key insights:
· Companies are willing to invest time, money
and skills on cloud services and currently the adoption of the public cloud is
high compared to that of private/hybrid cloud. Only basic data such as emails,
messaging services, CRM are stored on the public cloud owing to data security
concerns
o
Study findings reveal
that very large enterprises (80 percent), large enterprises (83 percent) and
medium enterprises (82 percent) are likely to invest in private cloud.
Likewise, a high majority of them are also keen to invest in public and hybrid
cloud.
o
o
While
business and performance is a key priority, the study indicates IT security is
now a major concern and has gone up the business priorities list
o
87 percent of
respondents in the IT/ ITeS/ Telecom sector; 55 percent of respondents in the
manufacturing sector; 64 percent in banking, financial services and insurance
(BFSI); 53 percent in government/public sector/defence; and 65 percent from
other services agree IT security is amongst the top business priorities.
o
· Apart from CIO’s focus on IT operational
efficiency and improvement of IT agility, managing security and compliance risk
is gaining prominence as a top IT priority for companies
o
61 percent of
respondents from BFSI and 57 percent of respondents from IT/ ITeS/ Telecom rank
managing security and compliance high owing to the nature of their business.
• Despite increase in IT budgets in very large
enterprises, CIOs are unhappy as the budget is either insufficient nor aligned
properly
o Findings also indicate that respondents from
the government (70 percent) and BFSI (67 percent) feel that budget for security
should increase by 25 percent over the next year.
· Losing customers’ trust and public disclosure
of sensitive data are considered as main concerns by organization
o
87 percent of
organizations’ security team want to have business data safe from breaches and
secure against cyber-attacks
o
Organizations are
extensively looking at new technology trends like anytime, anywhere any device
access to business applications, enterprise mobility etc., to provide greater
work flexibility to their employees
“With nearly 25 percent of all IT workloads being managed in the
cloud today, and the number expected to double by 2021, it is evident that the traditional
on-premises IT environment is undergoing a profound change. Today, CIOs play an
extremely essential role in their organization’s IT, and it is of utmost
importance to have enterprise data available always – anytime and anywhere
while tightly secured,” said Arun Parameswaran, managing director,
VMware India. “This study brings to light what CIOs should look out for in the
next three years where new security approaches are needed as data
center infrastructures increasingly move to the cloud.”
The survey was conducted from May to June 2016 across five
industry verticals including Manufacturing, Banking and FSI, Government/
PSU / Defense, IT/ ITeS/ Telecom and Other
services (Media, Healthcare, Retail & other Professional Services) covering
Pan-India locations. Inputs were gathered from over 150 respondents across a
variety of companies ranging from medium-sized to very large organizations. All
respondents surveyed were IT leaders and decision makers in their respective
organizations with designations that included CIO or an IT Head.
Each respondent was interviewed via a structured questionnaire
on their business and IT priorities for their organizations in the next three
years, including:
· What they would like to see from IT vendors
· The role of cloud computing in their
businesses
· Their outlook on their organization’s IT
budget spend
