Irish cloud adoption set to trail EMEA average
11 December 2018
64% of Irish firms expect to move more to the cloud, compared to 71% EMEA average in a study conducted of more than 1,200 senior IT professionals across EMEA
Maurice Mortell, managing director for Ireland and emerging markets, Equinix
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data centre company, has announced the findings of an independent survey of more than 1,200 senior IT professionals from across Europe, Middle East and Africa.
Results show that more than seven in 10 (71 per cent) EMEA organisations are likely to move more of their business functions to the cloud in the coming years.
A total of 60 per cent of EMEA IT leaders cite proximity to cloud service providers (CSPs) as an integral factor when choosing a data centre in their local market.
Cybersecurity risks around cloud adoption
Despite more business moving to the cloud, 70 per cent of these same respondents still perceive there to be cybersecurity risks around cloud adoption.
Large public data breaches have caused uncertainty among companies, leading to 45 per cent of respondents focusing on improving their organisation’s cybersecurity as their biggest IT priority.
Cloud and cybersecurity considerations together are top of mind for IT executives across the region. For nearly half (48 per cent) of the those surveyed, the adoption of cloud-based services represented one of the top two factors that will impact their business in the future — second only to cybersecurity risks and breaches (53 per cent).
In Ireland, 64 per cent of the 100 Irish respondents believe their organisation will move more to the cloud – six per cent lower than the EMEA figure.
An additional two-thirds (67 per cent) believe that proximity to cloud service providers is an important factor when choosing a data centre in Ireland. In fact, cited by 29 per cent per cent of respondents, cloud service providers are the most likely organisations that Irish businesses will connect with in the future.
Irish businesses seeing their data volumes explode
The rise in cloud adoption comes at a time when Irish businesses are seeing their data volumes explode. In the next three years, Irish businesses anticipate that their data volumes will surge by 72 per cent.
The growth in data has resulted in the average Irish enterprise spending €1.35 million on data storage, processing and handling in the last 12 months. Worryingly, however, 27 per cent say their organisation doesn’t have the right infrastructure in place to deal with increasing data volumes.
The survey was conducted to further explore areas highlighted in the second volume of Equinix’s annual market study, the Global Interconnection Index (GXI), which analyses traffic exchange globally, Interconnection, or direct and private traffic exchange between key business partners, is becoming the de facto method for companies to operate in today’s digital world.
1.) GXI analysed key macroeconomic, technology and regulatory trends that have driven Interconnection growth in the past year and will impact its future growth. The GXI found that cybersecurity risk was one of the key trends, as it expands Interconnection consumption as firms increasingly shift to private data traffic exchange to bypass the public internet and mitigate against digital threats as data is distributed across a growing number of vulnerability points.
2.) Large-scale cybersecurity breaches are one of the most serious risks facing the world today, and the scale of the threat is expanding drastically. By 2021, the global cost of cybersecurity breaches is projected to reach $6 trillion.
Maurice Mortell, managing director for Ireland and emerging markets, Equinix, said: “As Irish businesses become increasingly digitised, they are consuming and producing record amounts of data.
Confidence in their digital infrastructure
“We can see that enterprises are investing heavily in getting value out of this data and ensuring it works best for their business. However, there is still a large proportion of companies that don’t have confidence in their digital infrastructure. In today’s world, digital transformation is non-negotiable – it is essential for survival and success.
“Businesses need to ensure they have robust cloud strategies in place, or they will be left behind. Ireland has become a hub for hyperscale cloud service providers and our data centre industry is flourishing. It is an extremely attractive place to carry out digital business.
“In fact, 87 per cent of respondents said they view Ireland as the best place in Europe to interconnect with partners, customers, supply chain and cloud service providers.”
John Abel, VP, cloud and innovation for UK, Ireland and Israel at Oracle, said: “The findings of this survey validate that direct interconnection to cloud service providers is one of the most secure ways to deploy integrated cloud-based applications and services.
“Our customers take security very seriously , which is why we work with organisations such as Equinix to help ensure we provide them with the most robust and secure cloud services available today.”
Eric Schwartz, President EMEA, Equinix, said: “The results of this survey reveal the huge shift towards cloud as businesses across EMEA prepare to compete in the digital economy.
Hybrid and multi-cloud models
“Cybersecurity risks and breaches are of course a matter for close attention but must not prevent businesses from undergoing digital transformation. Hybrid and multi-cloud models are essential for today’s era of globalised competition.
“That’s why organisations come to Equinix – we can connect them directly to cloud service providers, allowing them to transmit data over dedicated, private networks instead of over the public internet.
“This private exchange of data, or interconnection, reduces the risk of workloads being intercepted, monitored and modified, allaying security concerns.
“This is perhaps why over three quarters (77 per cent) of the IT professionals across EMEA believe interconnection will help their business gain a competitive advantage in the market place of the future.”http://www.engineersjournal.ie/2018/12/11/irish-cloud-adoption-set-to-trail-emea-average/http://www.engineersjournal.ie/wp-content/uploads/2018/12/mortell.pnghttp://www.engineersjournal.ie/wp-content/uploads/2018/12/mortell-300x300.pngNewscloud,computing,data