IBM Study Shows 60% Of CIOs Ready To Turn To Cloud Computing

Image representing IBM as depicted in CrunchBase

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By Shara Tibken | Published May 16, 2011 | Dow Jones Newswires

NEW YORK -(Dow Jones)- More than half of chief information officers surveyed by International Business Machines Corp. (IBM) are ready to turn to cloud computing over the next five years, seeking to grow their businesses and gain a competitive edge.

The Armonk, N.Y., tech giant’s survey, which polled over 3,000 CIOs from 71 countries and 18 industries, showed 60% of CIOs plan to use cloud computing, up from 33% two years ago. Demand for cloud computing has jumped of late, with tech giants across the country rushing to introduce new offerings. The technology generally allows users to run programs and store information remotely, eliminating the cost of operating the equipment themselves.

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