Big data is driving cloud computing adoption in Western European utility firms, according to a new survey by research analysts IDC.
The study found nearly half of respondents - 46.2 per cent - were positive cloud would be able to solve big data problems.
According to the survey, private or hybrid cloud deployment options are the preferred choice by Western European utilities.
Security and regulatory compliance are still seen as barriers to public cloud adoption for utilities, with around 24 per cent believing regulation would slow down take-up across the region. However, the survey also found companies believe public cloud encourages more standards and quicker implementations.
The research highlights commoditised applications as the most likely candidates for going into the cloud. But utilities recognise the real potential would be for speciality applications, according to the study.
Budget allocation for cloud computing still is not top priority for Western European utility companies, with only 25 per cent allotting just one to three per cent of budgets to cloud computing in 2012. It also reveals short-term expectations for cloud computing budget shares are positive.
"Budget allocation for cloud is not yet a priority for utilities, so it is important to see through the hype and understand how cloud can best be applied to the industry and how to remove barriers to deployment," said IDC's head of energy insights in EMEA, Roberta Bigliani.
She added cloud computing, together with mobile, big data, and analytics, is transforming the utilities IT landscape.
-
Cleo attack victim list grows as Hertz confirms customer data stolenNews Hertz has confirmed it suffered a data breach as a result of the Cleo zero-day vulnerability in late 2024, with the car rental giant warning that customer data was stolen.
-
Lateral moves in tech: Why leaders should support employee mobilityIn-depth Encouraging staff to switch roles can have long-term benefits for skills in the tech sector
-
Cloud spending soars in financial services – but it's not all plane sailing for another key European industryNews The banking industry is ramping up cloud spending more than any other sector, according to new research from IDC.
-
"Missed expectations" are driving the cloud repatriation trend – but it’s not as bad as you might thinkNews While fewer than one-in-ten companies are migrating back in house, analysts say it's no surprise given costs
-
Public cloud investment surged nearly 20% in 2023 – and analysts predict global spending will reach $1.6 trillion by 2028News Global public cloud spending is expected to reach $800 billion in 2024 as firms shake off the post-pandemic blues and ramp up AI adoption
-
IDC warns of ‘cloud wars’ in 2012News The analyst firm claims now cloud is established, the fight is on for who will be the dominating vendors.
-
IDC releases cloud boom predictionsNews Analysts reveal scope of cloud growth for next four years.
-
'A lot at stake' in VMware's Mozy take-over, analysts warnNews EMC's big Mozy spin-off has risks as well as synergies but analysts agree it's all about cloud consolidation.
-
Cloud hardware platforms gain popularityNews A new survey from the Yankee Group shows movement towards IaaS in the US, but European adoption is also gaining momentum.
-
IDC: SaaS set to skyrocketNews The SaaS market will see revenue growing five times faster than the packaged software segment, according to IDC.
