The proportion of businesses reaping the rewards of embracing IaaS is increasing, according to Oracle’s latest quarterly global survey of 1,610 IT professionals.
Two-thirds of respondents from Saudi Arabia (66 percent) believe Infrastructure-as-a-Service (IaaS) makes it easier for businesses to innovate, up from 62 percent last quarter.
Nearly half of respondents from Saudi Arabia (49 percent) found their organisation is already experiencing improved productivity from their migration to cloud, while 60 percent said it has significantly reduced the time to deployment for new applications and services.
The study also revealed that 60 percent of businesses in Saudi Arabia believe companies not investing in IaaS will struggle to keep up with those that are, while 40 percent say IaaS is already delivering a competitive advantage.
Thamer Alharbi, Oracle’s country managing director for Saudi Arabia, said, “The investments that businesses have made in cloud infrastructure are paying off with gains in productivity, innovation and time to deployment. In Saudi Arabia, many businesses are seeing these benefits and already see cloud as a competitive advantage. The appetite for cloud is growing, and the market is rapidly maturing. This makes for a very exciting moment in time. The early adopters are all on board. Ambitious and visionary companies have made the move and are seeing the benefits of cloud. Now, the remaining businesses need to look at this trend as it continues to soar and they need to decide when to make their move, or risk being left behind.”
Oracle recently announced that it would hire 1,000 cloud sales professionals across the EMEA region to drive the uptake of of its IaaS services.
Oracle partnered with Longitude Research to survey 1,610 IT professionals in Australia, Germany, India, Italy, Malaysia, Saudi Arabia, Singapore, South Korea and the UK about their experience with cloud infrastructure implementation and what they would do differently.
Oracle Cloud Infrastructure, which is managed, hosted, and supported by Oracle, provides organisations with “everything they need” to migrate, build, and run production, business-critical applications in the cloud.
Orbis Research has predicted that the global IaaS market will experience a CAGR of 18.6% between 2017-2023.