Although fewer than 40% of tech executives store more than half of their legacy app data on the cloud, more than 80% of tech leaders are prioritizing a move to the cloud for their legacy app data over the next 12 months, according to new research from cloud migration software provider Archive360.
The company’s survey of 200 enterprise technology executives found that just 35% of enterprise tech executives store more than half of their legacy app data in the cloud, and just 2% leverage the cloud for at least 76% their legacy app data.
However, tech executives are much more likely to say they plan to make a cloud migration of their legacy app data a priority over the next 12 months, as 80.5% say they plan to do so over that time period.
Another 10% say it’s a priority within two years, and 5% say it’s not a priority at all.
For those that may be hesitant to dive head-first into the cloud, privacy and regulations (60%), security (55%) and budget uncertainty (51%) topped the list of concerns.
Other barriers impacting an organization’s cloud migration include volume and complexity of data (50%), lack of technical talent and resources (45%), lack of complete control of data (18%) and questions around cloud information management capabilities (18%).
When asked about top reason for retiring legacy apps and archiving data to the cloud, 46% of tech executives say regulatory compliance was the top reason, while cost savings was the second largest factor with 38.5% of executives saying so.
The report also suggests that organizations are accelerating its migration to the cloud due to the increasing rate of cyberattacks. According to Archive360, 43% of tech executives have accelerated their cloud migration due to cybersecurity concerns, while 46% have not changed their pace of migration. The remainder have either slowed cloud adoption or are not planning to dully adopt the cloud.
However, SaaS-based vendors aren’t meeting security requirements. The survey revealed that 90% of tech executives don’t think their SaaS vendors are meeting all of their security requirements, and 37% say they have had to make a security policy exception for at least one SaaS vendor.
In addition, 27.5% of tech leaders say data stored by a SaaS vendor has been involved in a cyberattack, and about 10% say they aren’t sure.
Despite those security concerns and documented incidents, nearly 80% of tech leaders that responded to the survey say their confidence in their SaaS vendors to protect their data has increased in the past year.
Going forward, tech executives will require SaaS vendors to offer custom security features rather than a one-size-fits-all approach, as 96.5% of respondents say they will require more customization of security protocols for apps running outside their data storage solution.
“We’ve long heard that most enterprises would like to manage their legacy data, including data that’s potentially sensitive, in the cloud, but that doesn’t seem to have translated into full-fledged cloud adoption and data migration,” says Archive360 co-founder and CTO Tibi Popp, in a statement. “The obvious benefits of such a move must still be balanced with potential fears, in part because many technologies deployed by SaaS providers were created in on-premises environments and can’t deal with emerging security and compliance priorities. It’s clearer than ever that we will never be able to take full advantage of cloud architectures until a new generation of technologies is adopted.”
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