Report: Software vendors should consider the cloud

11 July 2011 14:27:14

Software vendors still hesitant to make a move to the cloud may soon be left behind, as a new study found more businesses are seeking SaaS solutions to improve their IT capabilities. The study, conducted by Forrester Consulting and commissioned by Cleverbridge, found that 57 percent of respondents have deployed SaaS solutions to lower their operational costs. Additionally, many software buyers indicated they were looking to SaaS to improve IT capabilities by leveraging the cloud's faster implementation times and continuous upgrades. As this trend continues, it is evident that software vendors will need to get on board with the cloud, or else they may find themselves struggling to compete. "Companies are looking to put as much as they can in the cloud," said one security vendor involved with the study. "It's the platform of choice. If that's what the customer is wanting, and we aren't prepared to provide, it's a long, slow death." Many businesses have already acknowledged the cloud's potential as a key player in new growth. As a recent Oxford Economics and SAP study showed, more than 30 percent of surveyed executives see the cloud as an opportunity to create new business within the next five years.

-McAfee Cloud Security