The IBM Transformation Index: State of Cloud is based on a survey conducted by independent research firm The Harris Poll across 12 countries, including the USA, UK, Germany, Canada and India, among companies with revenues over $500 million.
The Index indicates a strong correlation between hybrid cloud adoption and progress in digital transformation, with 76% of those surveyed saying it is difficult to realise the full potential of a digital transformation without having a solid hybrid cloud strategy in place.
“As we progress through the techade, Indian organisations must quickly take stock of where they are on their cloud journey and focus on bridging the gaps related to skills, security, compliance, among others. A pragmatic holistic approach to hybrid cloud can drive immense business value by accelerating innovation, improving cost efficiency and increasing productivity,” said Viswanath Ramaswamy, vice president, technology, IBM Technology Sales, IBM India/South Asia.
Major India findings
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Lack of right skills inhibits progress: When it comes to managing their cloud applications, 66% of respondents said their team lacks the skills needed to be proficient. This is a major roadblock to innovation, with more than a quarter of the respondents saying skills and talent shortages are impeding their business’ cloud objectives.
Exposure to cyberthreats: While more than 90% of the responding financial services, telecommunications and government organisations globally have adopted security tools such as confidential computing capabilities, multifactor authentication and more, gaps remain that are preventing organizations from driving innovation. Further, security concerns can hold organisations back from unlocking the full potential of partnerships.
Regulatory and compliance requirements: With regulations on the rise, so are compliance challenges. 57% of the respondents believe ensuring compliance in the cloud is currently too difficult and 33% cite regulatory compliance issues as a key barrier for integrating workloads across private and public IT environments.