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Cloud Computing Places IT Firmly in Control, Says Verizon ‘State of the Market: Enterprise Cloud 2014’ Report

Sixty-five percent of enterprises are now using cloud technology, services and solutions as part of their IT infrastructure, according to Verizon Enterprise Solutions’ “State of the Market: Enterprise Cloud 2014” report. In addition, IT — specifically the CIO/CTO — controls more than 80 percent of total cloud spend within the organization. The CIO/CTO personally oversees more than half (62 percent) of cloud purchases.

To read the complete announcement, “IT Regaining Control of Cloud, Says Verizon ‘State of the Market: Enterprise Cloud 2014’ Report,” visit the Verizon Enterprise Solutions news center.

Verizon’s second annual report provides original data and analysis of cloud usage within the enterprise and its impact on the IT organization and business at large. It is the only report combining internal data from one of the industry’s most experienced cloud services providers, with data and insight from third-party analyst and research firms. It presents both a snapshot of current cloud trends, along with analysis and predictions on the future of cloud in the enterprise.

The Verizon “State of the Market: Enterprise Cloud 2014”report is available for download at cloud.verizon.com/enterprise-cloud-report, and information on Verizon Enterprise Solutions’ portfolio of cloud, data center and related offerings can be found at cloud.verizon.com.

Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings provided over the company’s secure mobility, cloud, strategic networking and advanced communications platforms, Verizon Enterprise Solutions helps open new opportunities around the world for innovation, investment and business transformation.