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Close to 60% of midmarket firms in the ASEAN are now ready to embrace cloud computing over the next five years to help propel business growth, according to a new CIO survey.

 

The finding is based on IBM's latest global CIO study billed as "The Essential CIO -- Midmarket CIO Study 2011." It surveyed more than 3,000 global CIOs including 168 in ASEAN.

 

The survey also revealed that CIOs cited utilizing cloud services [ASEAN 23%] as among the top activities they plan to adopt to control and reduce legacy costs.

 

In a similar survey conducted in 2009, CIOs included cloud computing in their list of priorities. Now that is has come of age, CIOs are more keen on deploying the technology.  

 

Compared with the Midmarket CIO Study 2009, there was a 50% increase in the number of midsize companies planning to invest in cloud computing.

 

"While cost cutting is here to stay as CIOs strive to do more with less, and drive creativity and innovation, there are still much opportunities and value to be leveraged from the cloud, business analytics and optimization technologies to help businesses infuse technology into products, services and processes," said Eugene Chang, president of IT Management Association.