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UK Risks Falling Behind Others in Cloud Adoption Due to Data Security Concerns Facebook.com/storetec Storetec Services Limited @StoretecHull www.storetec.ne t Almost a quarter of UK businesses (22 per cent) have failed to implement a cloud computing system within the last two years, ahead of the global average of 14 per cent. Despite 36 per cent of firms having implemented the technology, a similar number (30 per cent) claimed that they will never move their major data to to such a system, with the Nordic region being the only one higher.

Uk risks falling behind others in cloud adoption due to data security concerns

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Page 1: Uk risks falling behind others in cloud adoption due to data security concerns

UK Risks Falling Behind Others in Cloud Adoption Due to Data Security Concerns

Facebook.com/storetec

Storetec Services Limited

@StoretecHull www.storetec.net

Almost a quarter of UK businesses (22 per cent) have failed to implement a cloud computing system within the last two years, ahead of the global average of 14 per cent.

Despite 36 per cent of firms having implemented the technology, a similar number (30 per cent) claimed that they will never move their major data to to such a system, with the Nordic region being the only one higher.

Page 2: Uk risks falling behind others in cloud adoption due to data security concerns

Many decision makers in the UK have admitted that concerns remain over the issue of data protection, as well as legislation and regulation, with these reasons being cited by 31 per cent of UK firms as having a significant impact on the adoption of cloud services, while another 29 per cent said that it had slowed adoption "to some extent".

Among the industries that are the most affected by these issues are Financial Services (36 per cent), Petrochemicals (39 per cent) and Healthcare (27 per cent).

Page 3: Uk risks falling behind others in cloud adoption due to data security concerns

Despite the suspicions surrounding cloud adoption, it has still managed to make significant gains over the course of the last two years, with gains in the UK being followed by a 31 per cent increase in deployment in the USA,Canada and Singapore, 25 per cent in Japan, and 18 per cent in Hong Kong and the Nordics.

There is evidence to suggest that there are some great financial advantages to be had by adopting the cloud, with 40 per cent of British firms using such an approach seeing a 23 per cent increase in their profits.

Page 4: Uk risks falling behind others in cloud adoption due to data security concerns

Meanwhile, the USA and Canada are the most enthusiastic about the adoption of the cloud, with a total of 28 per cent of companies claiming to have moved a majority of data and services to these new systems.

The USA also stands out when it comes to innovations in such technology, with over half (59 per cent) actively seeking out and experimenting with new and emerging technologies.

Page 5: Uk risks falling behind others in cloud adoption due to data security concerns

Storetec News/Blogs."http://www.storetec.net/news-blog/uk-risks-falling-behind-others-in-cloud-adoption-due-to-data-security-

concerns". UK risks falling behind others in cloud adoption due to data security concerns. December 4, 2013. Storetec.