Despite the hype and claims by large software companies about the miracles of cloud computing, a combined study by Ireland’s National Software Engineering Research Centre (Lero) and NUI Galway has shown that cloud actually results in significant time savings for firms and drives down administrative costs.
The new report claims to offer the first empirical evidence globally of the benefits of cloud computing. Globally, the market for public cloud services is expected to increase by 19pc to US$109bn this year, according to Gartner.
Ed Anderson, Gartner’s cloud forecaster, predicts cloud computing is set to grow a further 100pc to be a US$207bn market by 2016.
“Despite the huge growth in cloud computing, research to date has largely been based on anecdotal evidence,” Dr Kieran Conboy at the Cairnes School of Business in NUI Galway, who is leading the SFI funded Lero research, explained.
“NUIG conducted an in-depth, evidence-based study across a number of Irish-based organisations to see if the perceived benefits stood up.”
