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Business goals and objectives driving cloud investment and initiatives 2016

What business goals or objectives are driving investments for cloud initiatives at your organization?

The data illustrates the drivers of cloud initiatives from businesses. In 2016, 33% of technology decision-makers indicated that the goal of enabling business continuity was driving their company's investments into cloud initiatives.

Lower total cost of ownership (TCO) 42
Replacing on-premise legacy technology 35
Enabling business continuity 33
Speed of development 32
Improving customer support or services 27
Savings on CAPEX (capital expenditures) 27
Reducing resource waste 23
Greater flexibility to react to changing market conditions 23
Enabling innovation 22
Improve security 22
Enabling digital business transformation 20