There’s no question that business is embracing the cloud as a key IT strategy. According to the market intelligence firm IDC, worldwide spending on public cloud services is projected to grow 22.3% annually through 2023, with SaaS accounting for more than half of cloud spend. Oracle and KPMG finds that 7 out of 10 companies are using more business-critical cloud services year-over-year. Clearly, IT leaders recognize the value of cloud-enabled gains in operational efficiency and business collaboration, especially across an increasingly extended enterprise.
Even with the appealing benefits of the cloud, however, moving business content, processes, workflows, and custom applications from on-premises systems is a big step. And sometimes IT hesitates to take this step, because of concerns about control, governance, and compliance for stored content. Often the biggest worry is security: Will highly sensitive business information and intellectual property be protected from increasingly sophisticated cyberthreats?
The answer is yes. Cloud content management technologies continue to advance, and cloud providers continue to strengthen their security measures. These improvements mean that IT can now look to the cloud to provide a centralized, highly secure content platform that: