Cloud is the top investment priority for CIOs in the Asia-Pacific region, including India, with a third of CIOs enthusiastic adopters, according to research from Gartner.
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In contrast, cloud investment is only the fifth highest priority for global CIOs, signaling that the technology has yet to be established in the Asia-Pacific region.
More on cloud investment
CIOs in the region reported 0.9% increases in IT budgets for 2014, exceeding the global average of 0.2%.
Just over 31% of Asia-Pacific CIOs say they have invested significantly in cloud, compared with 25% of global CIOs.
Organizations in the region use more public cloud services, such as platform as a service (PaaS) and infrastructure as a service (IaaS), than the global average, but less software as a service (SaaS) than the global average.
Only 56% are using SaaS, compared with 72% globally. This implies that the majority of cloud services, in Asia-Pacific, are being consumed by the IT function rather than business units directly, said Gartner.
In earlier research, Gartner predicted that spending on cloud services in India would reach $4bn between 2013 and 2017.
SaaS is expected to be the largest overall segment, followed by IaaS, with $76m to be spent in 2014, and business process as a service, where $73m will be invested in the next 12 months. IT spending on public cloud services in India is expected to reach $1.3bn in 2017.
The research also found that 35% of funding for these products and services comes from outside the IT budget.
Top IT investment priorities in Asia-Pacific, according to Gartner
- Business intelligence (BI)/analytics
- Enterprise resource planning (ERP)
- Infrastructure and datacenter
- Digitalization/digital marketing
- Networking, voice and data communications
- Industry-specific applications
- Legacy modernization
- Customer relationship management (CRM)