Study: cloud computing to take more of the IT budget by the end of 2013

Over the past few years, the cloud has gone from "show-and-tell" potential to a full fledged business IT solution. The benefits of these systems are currently being felt by companies across the world, and a new white paper cites that more businesses are going to jump on the bandwagon.

Last month, TechTarget released their list of top IT priorities for 2013. The topics were decided on following a survey of almost 3,300 IT managers across the globe. According to the results, more than half of all respondents said that cloud projects have taken over an increasingly large portion of their IT budgets.

Overall, the survey found that 53 percent of companies plan to implement cloud computing solutions – either using external providers or a private option – for server virtualization. One of the top benefits that respondents pointed towards as a reason for cloud adoption is storage capabilities.

"For archiving, [cloud storage] is a way to save space and keep stuff longer, while spending less to do it," one executive said in the news source.

The study also found that by the end of 2013, 60 percent of respondents will have as much as 14 percent of their company's storage located in the cloud. Those surveyed also cited disaster recovery and data center consolidation as the other top reasons to invest in the cloud.

By partnering with an IT consulting firm that is familiar with the benefits of cloud computing and services, any business can successfully start implementing these solutions and reaping their benefits.

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