Most Singapore firms fully in the cloud

Photo by Mike Enerio

The question nowadays is no longer whether organisations should migrate to the cloud, but how they can leverage the cloud for innovation, efficiency, and growth. 

According to the survey commissioned by Rackspace Technology and Google Cloud, more than half (51%) of respondents in Singapore said that their entire applicable infrastructure now resides in the cloud, while half said they plan to move more of their workloads into the cloud as possible. 

In addition, close to two-thirds (64%) of respondent’s compute workloads are now supported by public cloud, colocation, and managed hosting services. At the same time, IT infrastructure spread has reached an equilibrium and leaders expect it to hold steady over the next three to five years.

Conducted by Coleman Parkers Research on July 8 – 30, the survey is based on the responses of 1,420 IT decision-makers across Singapore, the United States, Australia, India, the United Kingdom, Germany, Mexico, Colombia, Netherlands and Middle East.

The survey also revealed business growth (36%), efficiency (23%), and improved security (8%) as the top three factors that drive decisions on where businesses should run their cloud infrastructure in Singapore.

More than a third (35%) of respondents say IT executives play a key role in driving the direction of the company, as silos between functional areas continue to dissolve.

“Driven in large part by the power of the cloud, today’s technology landscape is evolving at a breakneck pace, while IT is penetrating all areas of the organization,” said Jeff DeVerter, chief technology evangelist at Rackspace Technology. 

“In this environment, IT leaders have the power to help companies and organisations see around corners to solve both their short-term and long-term business challenges and provide critical guidance in the areas of business growth, security, efficiency, and customer experience,” said DeVerter.

Sandeep Bhargava, Rackspace Technology’s managing director in Asia Pacific and Japan, said Singapore and largely APAC are adopting both public and private cloud and many organisations are looking to do so even more in the next few years to boost digital transformation securely and sustainably. 

Bhargava said organisations will be increasingly faced with complex considerations when employing hybrid and multi-cloud strategy which makes it more crucial for them to engage solutions experts to help them fully realise the value of the cloud.

Over the next 12 months, respondents anticipate their infrastructure spending will include on-site data centres (55%), managed hosting (52%), public cloud (51%), and colocation (34%). 

However, 60% of respondents also said they envision not owning a data centre in the next five years. Around 54% say legacy apps are the main factor keeping them from abandoning data centres.