Cloud Hosting

Other key results of the survey showed that, on average, financial organizations have around three services (3.25 average) in the cloud. Servers/data centers, Microsoft Exchange and Office, and other SaaS offerings were cited as the top deployed cloud services. Additionally, the survey indicated that adoption will continue to be strong, with 87.5 percent of respondents planning on adding new or additional cloud services in the next three years.

The survey results also found that 53.5 percent of organizations had deployed a cloud solution on their own versus using a third party provider. However, when asked if they had to start the deployment over, nearly half (45.5 percent) said they would outsource to a solution provider the next time.

"Financial organizations have recognized the significant benefits of the cloud and the pace of their adoption, and planned future adoption, is faster than many other industries," said Scott Kinka, Chief Technology Officer of Evolve IP. "Leveraging the Evolve IP Compliance CloudTM for PCI and FFIEC, along with geographically redundant Tier IV data centers, Evolve IP can help these organizations successfully deploy compliant cloud computing and communications services to secure systems and data, drive productivity and improve member and customer experiences."

Additional Findings:

Survey Methodology

The blind, web-based survey was conducted by Evolve IP during January of 2017, featuring over 1,300 respondents in multiple industries across North America. Over 110 of the respondents indicated they were in the financial industry. Of the financial respondents, 72.5 percent came from organizations with between 50 and 5,000 employees, 14 percent from companies with more than 5,000, 10 percent were businesses with 11-49 associates and 3.5 percent were small businesses with 10 employees or less. Evolve IP customers were excluded from the survey.

ABOUT EVOLVE IP

Evolve IP is The Cloud Services Company. Designed from the beginning to provide organizations with a unified option for cloud services, Evolve IP enables decision-makers to migrate all or select IT technologies to its award-winning cloud platform. Evolve IP's combination of security, stability, scalability, and lower total cost of ownership is fundamentally superior to outdated legacy systems and other cloud offerings. Today the company's services, including disaster recovery, IP phone systems / unified communications, contact centers, virtual desktops, IaaS and more, are deployed by more than 1,300 commercial business accounts with a combined 130,000+ users, licensed seats and managed end points. Visit http://www.EvolveIP.net for more information.

PRLog ID: http://www.prlog.org/12631310

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/financial-industry-it-professionals-and-executives-believe-data-is-safer-in-the-cloud-than-on-premises-300435933.html

SOURCE Evolve IP

Evolve IP | Cloud Computing, Phone Systems, Unified Communications

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Financial Industry IT Professionals and Executives Believe Data is Safer in the Cloud than On-Premises - PR Newswire (press release)