According to a report by F5 Networks and Frost and Sullivan, 91 percent of enterprises in Asia Pacific (APAC) are either already using cloud services, or in the midst of planning or implementing cloud.
Polling over 400 decision makers from organisations across Australia, China, Hong Kong, Japan, Singapore and South Korea, the study noted an increasing focus and efforts on cloud computing within the region, with 58.6 percent of them identifying it as their top priority in the next 12 months.
This increased focus in turn leads to high levels of cloud adoption. In fact, 91 percent of enterprises said that they are currently in the planning or implementing stage; or already using cloud services. This means that only a mere 9 percent have no cloud deployment plans right now.
In the study, enterprises also demonstrated a clear understanding of the actual benefits of cloud services beyond cost-savings, particularly in driving business model innovation and experimentation without increasing capital expenditure or other risks.
Three out of four decision-makers agree that cloud services are a solution to "faster speed to market and increase competitiveness", while 70 percent agree that cloud computing is a "critical component in any business transformation strategy".
The cloud landscape in Singapore
According to the whitepaper, due to recent investments in high-speed Internet and broadband, Singapore is well-positioned to take advantage of cloud computing services. The highly developed broadband infrastructure and presence of data centres have helped the Republic to circumvent two of the biggest challenges other countries face: data sovereignty and latency.
The study also reported that for Singapore enterprises, facilitating resource optimisation and enhancing internal business processes were cited as the top two factors driving cloud adoption.
For instance, aviation industry participants such as Changi Airport Group (CAG) and SATS have been using cloud services to enhance their business processes. CAG uses a cloud-based CRM system to manage its increasing call volumes better while managing costs and operational efficiencies. On the other hand, SATS uses cloud computing to run a range of IT applications ranging from e-mail, collaboration to resource and cargo management.
In Singapore alone, almost half of the enterprises (40 percent) are using cloud computing; while more than 35 percent are in the midst of planning or implementing cloud strategies. In terms of adoption, Singapore is on par with other cloud mature markets such as China and Hong Kong.
25 percent of enterprises in Singapore not considering cloud
Similar to Australia, Singapore enterprises consider data security threats and risks to the business as primary concerns for cloud adoption. This is a key measure of the country's maturity in terms of cloud adoption.
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