Cogeco Communications

Press release details

Hybrid Cloud Adoption to Triple Over Next 3 Years

Peer 1 Hosting study reveals declining use of On-Premise and Private Cloud

 

Vancouver, British Columbia, 13 April, 2015: Independent research commissioned by Peer 1 Hosting has found that hybrid cloud adoption is set to triple over the next three years. This shift coincides with corresponding reductions in the use of Private and On-Premise cloud hosting environments, despite adoption of these technologies continuing to grow overall.

 The study, which canvassed the opinions of over 900 IT decision makers from Canada, North America and the UK, asked: “What do you expect your organisation’s approach to look like in one and three years’ time?” 10% of respondents stated that currently they primarily use hybrid cloud, with 28% anticipating they will be using hybrid cloud in three years’ time. In contrast, use of On-Premise hosting is anticipated to fall from 31% to 17% over the same period, whilst Private Cloud drops from 52% to 41%.

The drivers behind this shift appear to be largely economic. When asked to name the top IT Priorities within their organisations, Cutting IT Costs (49%) and Improving Processes and Operational Efficiencies (45%) were the two most commonly cited issues. When asked what the challenges in achieving these priorities were, Security (53%) and Data Protection (46%) were the most frequent responses given.

 Toby Owen, Vice President Product, Peer 1 Hosting said: “The proposition of Hybrid Cloud is very compelling: cost savings, business agility and operational efficiencies are the qualities that IT decision makers are looking to bring into their organisations. From the research, it’s clear that hybrid cloud adoption is outpacing that of public and private cloud.”

 Owen continues: “Hybrid cloud adoption appears to be held back by concerns largely related to security and data protection. Clearly these are areas where businesses cannot compromise. Fundamentally these concerns are about a perceived lack of control. As the industry responds to this, with truly scalable, flexible and controllable hybrid cloud solutions, I believe that IT decision makers will be quicker to adopt hybrid cloud than this research suggests.”

 

 

ENDS



About the research

Peer 1 Hosting commissioned independent technology market research specialist Vanson Bourne to undertake primary research amongst a total of 900 IT decision makers across the UK, US and Canada.

 Interviews were carried out using both online and telephone methodologies, between November 2014 and January 2015.

About Peer 1 Hosting:

Peer 1 Hosting, a wholly-owned subsidiary of Cogeco Cable Inc. (TSX: CCA), is a global web infrastructure and cloud company where dreamers, innovators, and disruptors go to harness the untapped power of the Internet, to change the world for the better. Peer 1 makes this a reality with every interaction, using innovative technology to deliver an exceptionally responsive, reliable and secure hosting experience. The Peer 1 commitment "where every interaction matters," represents the company’s dedication to powering human potential online, through its personal interactions and connections with customers, partners, people, resources, and technology. For more information visit: http://www.Peer1.com.

 

Media Contact

 

Belinda Williamson

Talk Shop Media


604 738 2220

Belinda@talkshopmedia.com