Seventy-five percent of C-level executives surveyed in India cite reliability concerns as a significant reason they are not adopting cloud computing, according to the fourth Global Status Report on the Governance of Enterprise IT (GEIT)—2011, conducted by the nonprofit, IT Governance Institute (ITGI), ISACA’s research affiliate.
While more than 45 percent of respondents use or are planning to use cloud computing for mission-critical IT services, those who do not plan to use cloud computing list reliability concerns, followed closely by security and privacy concerns, and existing IT investments as barriers to adoption.
Over 50% of respondents said their practices related to IT governance have led to improved management of IT-related risk. Other key benefits included improved business competitiveness (over 44% of respondents) and improved return on IT investment (over 34% of respondents).
“Issues such as cloud computing and IT governance are gaining popularity among businesses in India and throughout Asia. There are many IT and business executives who are interested in gaining and sharing knowledge and case studies from regional and international companies. These topics and many more will be discussed at ISACA’s 2011 Asia-Pacific CACS conference in Dubai next month,” said Niraj Kapasi, Member of ISACA India Task Force and IT Auditor.
The ITGI study and three past editions are available as free downloads from www.isaca.org/ITGI-Global-Survey-Results. The 2011 study polled 834 executives from 21 countries, divided almost evenly between business executives (CEOs, CFOs and COOs) and IT executives (CIOs and heads of IT). The study analyzes the degree to which the concept of GEIT is accepted by the C-suite and determines GEIT maturity levels, recognized frameworks, required/preferred certifications, and impact of current special-interest, GEIT-related topics.
Global highlights: This year’s study shows that top tactics used to battle the economic downturn were a reduction in contractor and permanent staff numbers and infrastructure consolidation.
Of the C-level executives surveyed globally, 95 percent consider governance of enterprise IT important. This reveals an almost universally shared perception of IT as a critical contributor to overall business strategy, no matter where the organization is on the path of GEIT maturity.
“Emerging technologies such as cloud computing and outsourcing can be managed effectively by integrating good governance over IT. Organizations need to adopt new service delivery models to stay competitive, and this is fueling a strong commitment to enterprise IT governance across the C-suite,” said Ken Vander Wal, CISA, CPA, international vice president of ISACA.
“Assessing the value of current investments, building consensus among stakeholders and mitigating risk with third-party providers all require a comprehensive governance framework for organizations to be sure they are doing the right things and doing things right.”