The Buy Side and the Cloud - Time to Make the Leap
Key findings include:
- The majority of respondents (80%) are actively exploring the option of increasing their use of cloud-based services or technologies
- Time to market (60%) and access to technologies firms couldn’t develop in-house (48%) are the two biggest benefits cited by respondents for consuming cloud-based applications and services
- Security issues (64%) and unforeseen or hidden costs (46%) are the two primary drawbacks associated with cloud-based applications and services
- 38% of respondents are looking to rationalize the number of relationships they have with cloud providers, while a further 34% are happy with the number of relationships they currently have
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