On premise IT vs. Hosted

 
Three in five IT and business decision makers agree that owning and operating in house IT infrastructure drives costs higher and wastes resources according to an annual study from Savis, a global cloud infrastructure and hosted IT solutions vendor.

Forty-two per cent of organizations that do not currently outsource all of their IT are most likely to name contractual obligations as the main reason for not outsourcing, indicating a major shift in thinking. In 2010 and 2011, company culture was the most common inhibitor.

Momentum for cloud computing continues, as 85 per cent of organizations today use private and public cloud for storage, big-data analytics and other applications. In 2010, just 39 per cent of respondents said that their organizations were using cloud computing.