Nine in 10 businesses in Singapore have confidence in the cloud’s role in enabling innovation, according to a survey from VMware.
The virtualization vendor's vForum Singapore Business Survey shows that nearly half of businesses (44%) in the nation favor the adoption of the hybrid cloud approach to their IT infrastructure.
Resource optimization (34%) was the key business imperative for Singapore businesses, in line with the nation’s calls for productivity and the need to do more with less. This was followed by delivering personalized customer experience (29%) and driving greater collaboration within their ecosystems (28%).
The survey also revealed that businesses in Singapore want technologies that are scalable (36%), flexible (25%) and simple to manage (29%).
While security remains to be of key priority in 2016, 25% of businesses have reduced their security spend in the last year. Cost was the top barrier to technological adoption (46%), with 64% of respondents indicating that the efficacy of security in virtualized environments was dependent on the vendor.
Second to cost the respondents indicated management, orchestration and provisioning of software tools and technology complexities (16% and 14% respectively) as the next two barriers to technology adoption, highlighting Singapore businesses’ need for ease of implementation and management of IT services.
High importance was placed in the enablement of business mobility (83%) with mobile penetration at over 140%. The top concerns for business mobility was managing data security (53%), followed by application integration (30%).